Trulioo Closes USD $394M Series D led by TCV at $1.75B Valuation

Funding Rounds

Summary

Leveraging its vast global reach and fast, accurate identity verification technology, Trulioo has demonstrated strong momentum and captured an increasing share of this market. Its extensive investment portfolio includes technology franchises such as Airbnb, AxiomSL, Brex, ByteDance, Clio, Facebook, Klarna, Netflix, Nubank, OneTrust, Payoneer, Revolut, Spotify, Wealthsimple, WorldRemit, and Zillow. Organizations rely on Trulioo’s identity verification solution, GlobalGateway, to help meet their business and compliance requirements and automate due diligence and fraud prevention workflows. Trulioo’s mission is to help provide every person on the planet with a digital identity to enable access to basic financial services and support. Since inception, the firm has built a track record of successfully backing private and public businesses that have developed into dominant industry players across internet, software, FinTech, and enterprise IT.

$ Funding

$
Amount $394.0M Total raised
Date June 7, 2021 Announcement date
Investors Trulioo, Technology Crossover Ventures Lead investors
Company http://www.trulioo.com Funded company

Classifications

industries
Fintech & Banking
applications
Governance, risk and compliance

AskAI Classifications

Labels
Identity Verification Software KYC Compliance Software AML Compliance Software

Linked Companies

Trulioo
$25M to $50M