About Truework
Truework is a company based in San Francisco (United States) founded in 2017 by Victor Kabdebon, Ethan Winchell, and Ryan Sandler was acquired by Checkr in April 2025.. Truework has raised $118.9 million across 6 funding rounds from investors including TransUnion, Indeed and Checkr. The company has 103 employees as of December 31, 2023. Truework offers products and services including Verification Platform and Orchestration Engine. Truework operates in a competitive market with competitors including Onfido, IDnow, Perfios, Jumio and HID Global, among others.
- Headquarter San Francisco, United States
- Employees 103 as on 31 Dec, 2023
- Founders Victor Kabdebon, Ethan Winchell, Ryan Sandler
-
Sectors
Financial ServicesTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Zethos, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$118.9 M (USD)
in 6 rounds
-
Latest Funding Round
$24 M (USD), Series C
Jun 14, 2023
-
Investors
TransUnion
& 19 more
-
Employee Count
103
as on Dec 31, 2023
-
Acquired by
Checkr
(Apr 17, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Truework
Truework offers a comprehensive portfolio of products and services, including Verification Platform and Orchestration Engine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates income and employment checks for businesses
Manages verification requests with machine learning
Unlock access to complete
Funding Insights of Truework
Truework has successfully raised a total of $118.9M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $24 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $24.0M
-
First Round
First Round
(11 Apr 2018)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series C - Truework | Valuation |
investors |
|
| Aug, 2022 | Amount | Series C - Truework | Valuation | G Squared | |
| Dec, 2020 | Amount | Series B - Truework | Valuation | American Express Ventures |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Truework
Truework has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include TransUnion, Indeed and Checkr. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Growth-stage technology companies are funded via primary and secondary investments.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in tech sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Truework
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Truework
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Truework Comparisons
Competitors of Truework
Truework operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Onfido, IDnow, Perfios, Jumio and HID Global, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
|
|
| domain | founded_year | HQ Location |
Automated and expert-led identity verification services are provided.
|
|
| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
|
|
| domain | founded_year | HQ Location |
AI-powered identity verification and fraud protection solutions are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based physical identity and access management systems are developed.
|
|
| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Truework
Frequently Asked Questions about Truework
When was Truework founded?
Truework was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Truework located?
Truework is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Truework?
Ryan Sandler is the current CEO of Truework. They have also founded this company.
Is Truework a funded company?
Truework is a funded company, having raised a total of $118.9M across 6 funding rounds to date.
How many employees does Truework have?
As of Dec 31, 2023, the latest employee count at Truework is 103.
What does Truework do?
Truework was founded in 2017 in San Francisco, United States, as a provider of background verification solutions in the HR technology sector. Employment and income details are verified through automated processes, with background checks conducted for loan applications and home purchases. Services are utilized by clients including Trunk Club, The Motley Fool, and InsideSales.com, supporting streamlined operations across various industries.
Who are the top competitors of Truework?
What products or services does Truework offer?
Truework offers Verification Platform and Orchestration Engine.
Who are Truework's investors?
Truework has 20 investors. Key investors include TransUnion, Indeed, Checkr, Khosla Ventures, and Leland Stanford Junior University.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.