Trustible Raises $1.6 Million in Pre-Seed Round

by Kay Aloha Villamor in April 20th, 2023

Trustible, a Washington, DC-based software company that helps organizations accelerate responsible AI governance to maximize trust and manage risk, raised $1.6 million in a pre-seed funding round led by Harlem Capital, with participation from VamosVentures.

Angel investors include Julius Genachowski (Managing Director at Carlyle, former Chair of the Federal Communications Commission), Tim Hwang and Gerald Yao (FiscalNote Co-Founders), Jim Hunt (Managing Partner at Lavrock Ventures, former Ernst & Young Technologies CEO, Capgemini Technologies President), Joe Zhao (Millennia Capital, former Federal Reserve), and Neal Parikh (Columbia University, former Director of AI for the City of New York), among other strategic angel investors, also participated in the round.

The recent financing is enabling Trustible to scale its team, accelerate growth, and further develop its product, designed to help customers seamlessly adopt Responsible AI industry standards, such as NIST's AI Risk Management Framework, and comply with emerging regulations, including the European Union's AI Act.

"Societal trust in AI is critical in ensuring the technology is benefiting humanity, particularly with the advent of Generative AI," says Gerald Kierce Iturrioz, Co-Founder & CEO of Trustible. "We're thrilled to launch Trustible to enable legal and AI/ML teams to foster transparency, accountability, and trust in their AI systems."

Company: Trustible

Raised: $1.6M

Round: Pre-Seed Round

Funding Month: April 2023

Lead Investors: Harlem Capital

Additional Investors: VamosVentures, Julius Genachowski, Tim Hwang, Gerald Yao, Jim Hunt, Joe Zhao, and Neal Parikh

Company Website:

Software Category: AI Governance Management Platform

About the Company: Founded by Gerald Kierce Iturrioz and Andrew Gamino-Cheong, Trustible is an AI Governance management platform that integrates with existing AI/ML platforms and helps organizations define necessary AI policies, implement and enforce responsible AI practices, and generate evidence to prove compliance with emerging AI regulatory frameworks and be prepared for AI audits. With a mission of maximizing trust, managing regulatory and reputational risks, and offering transparency in AI applications, Trustible empowers organizations to confidently adopt AI technologies in a rapidly evolving regulatory environment.


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