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Trust Us

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Online content and services such as poing and my booking, two food-related apps

Denver, United StatesFounded 2014Food
Valuation $50–100M Last recorded · 2019
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Trust Us and the history behind them.

About Trust Us

Trust Us Co., Ltd., established in January 2013 by CEO Jeong-Beomjin, operates as a key player in South Korea's online-to-offline (O2O) food-tech market. The company was founded with the vision of merging reliable offline content with online platforms, initially focusing on the restaurant industry. Jeong-Beomjin, a KAIST Life Science graduate who was on leave from Hanyang University's medical school, developed a curiosity for the food service industry after observing the rapid growth of franchise coffee shops. This interest led him to spend about six months interviewing restaurant owners and chefs, gathering insights that would become foundational to the company's services.

The core of the company's business is the integrated restaurant platform 'Poing' (포잉). This service functions as a dual-sided platform. For consumers, Poing is a mobile and web application that offers curated recommendations and reservation services for premium restaurants. The platform distinguishes itself by emphasizing "human curation," where a dedicated content team personally visits and evaluates restaurants to ensure high-quality recommendations. This approach aims to provide a trustworthy dining guide for users. For restaurant businesses, Trust Us provides a comprehensive 'Poing Membership' service. This B2B solution offers a suite of services to solve operational needs, including a reservation management system, marketing support through photo and video packages, and even assistance with sourcing supplies like menu printing and kitchen equipment. The business model is not based on advertising or booking fees but on providing these value-added operational solutions to restaurant partners.

Significant milestones for Trust Us include the acquisition of the restaurant reservation app 'Yeyakwang Poing' in December 2013, which was subsequently revamped into the current Poing service. The company has successfully attracted substantial investment, including a Series B funding round of 9 billion KRW in January 2017 from investors like Naver and DT&INvestment, and an additional 3.5 billion KRW in late 2017 from KDB Bank and Global Brain, bringing its total accumulated funding to around 13 billion KRW. These investments have fueled the expansion of the Poing platform, which by late 2017 featured approximately 3,800 curated restaurants and had processed over 220,000 reservations.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Denver, United States
Open positions
None listed
Dealroom signal
23.0/100
Industry
Food, Media
Sub-industry
Content production
Sector
Food, Social, App
Client focus
b2c
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Feb 2019 $15M $61M NAVER · WONIK Investment Partners · DT&Investment —
SERIES C✓Equity / VC Jan 2018 $2.9M $12M Global Brain Corporation · KDB Bank —
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Growth signals

Trust Us website traffic

Latest recorded traffic for Trust Us is 120 monthly website visits, down 90% over the last three months.

Latest monthly visits120 3-month web change-90%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later5 investors entered at this stage

  • Global Brain Corporation
  • KDB Bank
  • NAVER
  • WONIK Investment Partners
  • DT&Investment
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Denver HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Trust Us on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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