Trust Finds $9M For Digital Advertising Card

Los Angeles-based Trust, a startup founded by former Snap team members, says it has raised $9M in its seed funding round, and launched its company. The company said it offers up a virtual, corporate card which can be used on major advertising platforms, which increases a startup's buying power and also provides 45-day payment terms. The funding came from Lerer Hippeau, Lightspeed Venture Partners, Manta Ray, Upfront Ventures, and Upper90, along with angels. Trust is led by startup veteran James Borow, who previously had founded GraphEffect, Shift Platform, Pepper Financial, and other companies.