Activant Joins Sequoia, Khosla To Invest In Truework’s Identity Verification Platform
Summary
To return some of that control over personal and professional information, the San Francisco-based company is ready to expand its consent-based identity verification platform and has attracted some big-name investors interested in helping. The round also included technology leaders Jeff Weiner (LinkedIn); Tom Gonser (Docusign); William Hockey (Plaid); and Daniel Yanisse (Checkr). Company human resources departments use the platform so they don’t have to respond directly to inquiries from entities requesting income and employment information for purposes of securing a loan or apartment, for example, Sandler said. The company also signed on with Duke University Health System to provide a hotline and support services for its employees, as well as working with tech law firm SixFifty, on its policy around return-to-work. In addition, Truework went live last week with a free product for HR teams to track COVID-19-related data throughout its workforce while maintaining employee consent, Sandler said.
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