Truid

Stockholm, Sweden Founded: 2021 • Age: 5 yrs Acquired By Kivra
Application offering identity management solutions
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About Truid

Truid is a company based in Stockholm (Sweden) founded in 2021 was acquired by Kivra in March 2025.. Truid has completed 1 acquisition, including Kivra. Truid operates in a competitive market with competitors including Signicat, Entrust, TeleSign, Incode and Lumos, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Kivra

    (Mar 14, 2025)

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Funding Insights of Truid

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 Truid

Truid has secured backing from 1 investor. Prominent investors backing the company include Kivra. 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.

All
Investor Description Founded Year Domain Location
Invoice digitization tools are provided for business data management.
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 Truid

Truid has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kivra. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
An app is offered for managing accounts receivable processes.
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Truid

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Truid Comparisons

Employees
+
Add Comparison
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Competitors of Truid

Truid 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 Signicat, Entrust, TeleSign, Incode and Lumos, 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
Software solutions for identity management are provided via APIs.
domain founded_year HQ Location
Provider of digital identity management solutions
domain founded_year HQ Location
Cloud-based API for user verification and risk assessment is provided.
domain founded_year HQ Location
AI-powered biometric verification and authentication solutions are delivered globally.
domain founded_year HQ Location
Federated identity management solutions are provided for various industries.
domain founded_year HQ Location
Provider of identity verification solutions and forensic devices
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 Truid

Kivra Acquires Truid
Biometricupdate10 months ago

Frequently Asked Questions about Truid

When was Truid founded?

Truid was founded in 2021.

Where is Truid located?

Truid is headquartered in Stockholm, Sweden.

What does Truid do?

Truid application offering identity management solutions, focusing on enterprise infrastructure, enhancing digital security, iam, and federated identity management. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Truid?

Truid's top competitors include Signicat, Entrust and AuthMind.

How many acquisitions has Truid made?

Truid has made 1 acquisition, including Kivra.

Who are Truid's investors?

Truid has 1 investor. Key investors include Kivra.

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