One-Liner
Trust Anchor Group is a deep-tech company helping banks, corporations, organizations and governments to manage their assets with a strong emphasis on ESG and sustainability.
Traction and Ask
With €40k net MRR in October 2023 (15% MoM) and 50+ customers such as Atlantic Bank, BIG Travel, Creturner carbon credits, DeTrash recycling, Vaulter mobile escrow and Wawcash micro-credits, and a vast partner network including IBM, Microsoft, Serpro, and Worldline, Trust Anchor Group is now raising €2M seed funding. The ideal investor would have expertise in fintech, payments and the digital asset space. The investment is needed to:
- Scale its Digital Asset business internationally and enter the Brazilian market;
- Reach 200+ more customers and €3M net revenues worldwide by Q4 2024;
- Strengthen the team with 3 new hires in sales and marketing, as well as 3 new hires in IT product development and operations.
Market, Business Model, Financials and Team
Founded in 2018 in Stockholm, Trust Anchor Group is poised to capture a significant share of the global Digital Asset market worth at least €30 Trillion (+25% CAGR/Year).
Trust Anchor Group is monetizing mainly through SaaS subscription licenses and transaction fees charged to its B2B/B2G clients. ARR growth is projected at 10x YoY (breakeven in Q4 2024), reaching €10M by Q4 2025.
Trust Anchor Group team of 14 (2 full-time co-founders, 10 full-time employees) and 5 advisors, with 60% total ownership in the company, combines several decades of managerial, commercial, asset management, cyber security and decentralized technology expertise.
Competitive Advantage
Key USPs versus competitors like Corda, Cardano and Etherium are: Compliance and Enterprise ready, with legally verifiable smart contracts, cryptographically secure identities for all, and programmable money that empowers peer-to-peer payments, online and for our patented off-line payments.
Round Details
At a €15M pre-money valuation, Trust Anchor Group aims to close this seed round by December 8, 2023. Some existing owners have already committed to join with €400k. The minimum investment ticket size is €50k.
Trust Anchor Group has previously raised €2,5M in private capital from HNWI and Business Angels to develop its MVP, validate the product market fit, and launch in five countries (Sweden, Brazil, Chile, Spain, Senegal), which means that, after this investment round is secured, Trust Anchor Group is fully ready for international commercial uptake. Trust Anchor Group is seeking to exit via IPO, or strategic trade sale in 4-5 years at a target valuation of €300M (20x return of investment).
Get in Touch
Tommy Andorff, founder & CEO, and the other founders are speaking with potential investors over the next few weeks and are keen to pitch, demo and open up their KPIs and financial plans in detail.