On April 19, 2023, software company Trustible announced that it has raised $1.6 million in an oversubscribed first institutional round of financing. The pre-seed round was led by Harlem Capital, with participation from VamosVentures and strategic angel investors. Wilson Sonsini Goodrich & Rosati advised Trustible on the transaction.
Washington, D.C.-based Trustible helps organizations accelerate Responsible AI governance by using its product to adopt industry standards, such as NIST's AI Risk Management Framework, and comply with emerging regulations, including the European Union's AI Act. The company plans to use the financing to scale its team, accelerate growth and further develop its product.
The Wilson Sonsini team includes Matt Squires, Sean Semmler, and Luis Fortuño.
For more information, please see the company’s press release.