FundedIQ
Financial Services

Trolley: Funding, Investors & Team (Aug 2026)

Trolley is the end-to-end payouts platform built for the internet economy, helping businesses make and manage payouts to contractors around the globe. Finance and product teams across hundreds of organizations—including Envato, Downtown Music, Bugcrowd, GoTo, & Viral Nation—use Trolley to automate processes and enable payouts at scale. Annually, Trolley sends billions of dollars in 210+ countries and territories, with over 2.5 million total recipients on the platform. Trolley is on a mission to unlock the collective economic opportunity of the internet.

www.trolley.com LinkedIn Toronto, Canada 101-250 employees
Banking Finance FinTech Payments B2B B2C
Total raised
$28.4M
Rounds
2
Latest
Series B
Nov 2024

Trolley has raised $28.4M across 2 funding rounds on record, the most recent a Series B of $22.9M announced in Nov 2024.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Trolley Company Profile and Key Stats

Total funding raised
$28.4M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$22.9M in Nov 2024
Employees
101-250
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Nov 2024.

Trolley Funding Rounds

Date
Round
Amount
Series B
$22.9M
Series A
$5.5M

Trolley raised $5.5M in a Series A announced in Dec 2021.

2.9 years later, a Series B of $22.9M was announced in Nov 2024.

Trolley Founders and Leadership Team

Name
Role
Contact
Tim Nixon
Founder
Locked

Contact details for the Trolley team: 1 of 1 has an email address on file.

Start 14-day free trial →

Trolley Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,081
$2.2M
4,289
$30M

Trolley's latest round of $22.9M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Trolley in Financial Services and Toronto

Companies Similar to Trolley

Plaid for telematics data in commercial trucking. Companies building insurance products and fleet software…

Series A $20.0M

Float offers modern financial services, powerful software and industry-leading support designed for every…

Series C $59.7M

A.I.S. Resources focuses on lithium discovery, production, and capital markets. They seek and develop…

Undisclosed round $460k

Luxxfolio is a development situated, CSE-recorded organization. The Company uses secure authorization based…

Undisclosed round $1.1M
Undisclosed round $29.3M

KOHO is one seamless platform for your money and life. Founded in 2014, we are a forward-thinking fintech…

Series E $93.2M

PROREIT owns a portfolio of diversified commercial real estate properties in Canada, and has a focus on…

Undisclosed round $77.3M

Axcap Ventures will invest its funds with the aim of generating returns from capital appreciation and…

Undisclosed round $900k

Anchorbase is single, intelligent platform that that connects your software, payments, and accounting tools…

Pre-Seed $2.0M

Artifact Group is a real estate investment company that focuses on the acquisition and management of assets…

Undisclosed round $35.0M

Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks and…

Undisclosed round $43.4M

Southeast Techhub is a registered non-profit collaboration hub that provides startup infrastructure and…

Undisclosed round $110k

Trolley Funding FAQs

What does Trolley do?

Trolley is the end-to-end payouts platform built for the internet economy, helping businesses make and manage payouts to contractors around the globe. Finance and product teams across hundreds of organizations—including Envato, Downtown Music, Bugcrowd, GoTo, & Viral Nation—use Trolley to automate processes and enable payouts at scale. Annually, Trolley sends billions of dollars in 210+ countries and territories, with over 2.5 million total recipients on the platform. Trolley is on a mission to unlock the collective economic opportunity of the internet.

How much funding has Trolley raised?

Trolley has raised $28.4M across 2 rounds on record. The most recent is a Series B of $22.9M announced in Nov 2024.

When did Trolley last raise funding?

Trolley's most recent funding round on record is a Series B of $22.9M, announced in Nov 2024.

Who founded Trolley?

FundedIQ lists Tim Nixon (Founder) at Trolley.

Where is Trolley headquartered?

Trolley is based in Toronto, Ontario, Canada.

How many employees does Trolley have?

Trolley is in the 101-250 employee band.

How does Trolley's funding compare to other Financial Services startups?

Trolley's latest round of $22.9M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Trolley Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Trolley is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.