Truework Raises $30M in Series B Funding
Summary
Truework, a San Francisco, CA-based consent-based identity platform that gives consumers control over their personal and professional information, completed $30m Series B funding round. In conjunction with the funding, Steve Sarracino, partner at Activant Capital, will join Alfred Lin and Keith Rabois on Truework’s board of directors. Founded by Ryan Sandler, Ethan Winchell and Victor Kabdebon in 2017, Truework is a platform for employment and income verification that puts consumers in control of their personal data. The system digitizes the verification process for HR departments, banks, and others, to make it fast and secure for employees to get verified when applying for a loan, jobs, or apartment rental. Truework’s network of over 40,000 lenders, and background check companies, and other verifiers completes thousands of employment and income verifications every day.