Estonian startup raises new funding to foster adoption of trust services internationally

Tallinn-based startup TrustLynx has announced the successful completion of a funding round that raised over €300K. The funding was led by Startup Wise Guys accelerator fund and FundingBox.VC, marking a pivotal moment in TrustLynx’s journey to foster widespread adoption of trust services on an international scale. This strategic investment will play a pivotal role in expanding TrustLynx’s footprint across Europe, with a primary focus on strengthening its presence in the dynamic markets of Poland and Italy. TrustLynx’s innovative solutions empower companies to seamlessly enhance their digital channels and information management systems with an array of digital identity methods, e-signatures, e-sealing, validation, and other essential trust services.

Edgars Stafeckis, CEO of TrustLynx, commented, “This funding is a significant step in our journey towards creating a more secure and trusted digital environment. It empowers us to expand our solutions and impact internationally and accelerate the growth that we have experienced so far.”

“The world-known adoption of trust services like digital identities and signatures in Estonia was greatly impacted when industries also introduced them in their digital businesses. Simplifying this process should accelerate digitalisation in other countries. Since the day we met TrustLynx team under leadership of Edgars and Keit, seeing their vision and execution skills made us sure they will be at the forefront of this revolution,” comments the Global CEO and General Partner at Startup Wise Guys Cristobal Alonso.

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