About Trulioo
Trulioo is a company based in Vancouver (Canada) founded in 2011 by Tanis Jorge.. Trulioo has raised $477.19 million across 8 funding rounds from investors including UST, BDC and Eureka Network. Trulioo has completed 1 acquisition, including HelloFlow. Trulioo offers products and services including Global Identity Platform, Person Verification, Identity Document Verification, Business Verification, and Watchlist Screening. Trulioo operates in a competitive market with competitors including PayPal, Snowflake, Alteryx, Synchrony and Oracle, among others.
- Headquarter Vancouver, Canada
- Founders Tanis Jorge
- Stage Unicorn
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Trulioo Information Services Inc.
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Products & Services of Trulioo
Trulioo offers a comprehensive portfolio of products and services, including Global Identity Platform, Person Verification, Identity Document Verification, Business Verification, and Watchlist Screening. 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.
Platform for comprehensive identity and business verification worldwide.
Verifies digital identities to ensure AML and KYC compliance.
Authenticates ID documents with biometrics for secure onboarding.
Verifies business entities and ownership for KYB compliance.
Screens against global lists to prevent fraud and sanctions.
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Software Development Team
24 people
Product Management Team
20 people
Leadership Team
15 people
Senior Team
12 people
Sales and Marketing
8 people
Legal and Compliance
7 people
Finance and Accounting
5 people
Devops Team
5 people
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Funding Insights of Trulioo
Trulioo has successfully raised a total of $477.19M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $394 million completed in June 2021. 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 8
- Last Round Series D — $394.0M
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First Round
First Round
(20 Nov 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series D - Trulioo | Valuation | TCV | |
| Sep, 2019 | Amount | Series C - Trulioo | Valuation |
investors |
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| Jun, 2018 | Amount | Series B - Trulioo | Valuation | BDC , Blumberg Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Trulioo
Trulioo has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include UST, BDC and Eureka Network. 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 |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Corporate venture capital firm backed by Citi
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Founded Year | Domain | Location | |
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Venture capital firm investing in early and growth stage technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Trulioo
Trulioo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HelloFlow. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based software is used for digital onboarding workflows.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Trulioo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trulioo Comparisons
Competitors of Trulioo
Trulioo 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 PayPal, Snowflake, Alteryx, Synchrony and Oracle, 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 |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Cloud-based big data warehouse for enterprise data management is provided.
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| domain | founded_year | HQ Location |
Cloud-based data analytics solutions are delivered for insight generation.
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| domain | founded_year | HQ Location |
Synchrony is engaged in providing credit cards and banking services.
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| domain | founded_year | HQ Location |
Hybrid cloud infrastructure solutions are delivered for business management.
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| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trulioo
Frequently Asked Questions about Trulioo
When was Trulioo founded?
Trulioo was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Trulioo located?
Trulioo is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Trulioo?
Vicky Bindra is the current CEO of Trulioo.
Is Trulioo a funded company?
Trulioo is a funded company, having raised a total of $477.19M across 8 funding rounds to date. The company's 1st funding round was a Series B of $7.34M, raised on Nov 20, 2012.
What does Trulioo do?
Trulioo was founded in 2011 in Vancouver, Canada, within the fintech sector. An online platform is maintained for identity verification, where real-time proofing services are delivered to organizations. Know Your Customer (KYC) and Know Your Business (KYB) solutions are utilized to confirm customer identities and meet regulatory requirements. Fraud risks are mitigated, while onboarding workflows are optimized across global operations. Accurate verification processes are supported to facilitate business expansion.
Who are the top competitors of Trulioo?
What products or services does Trulioo offer?
Trulioo offers Global Identity Platform, Person Verification, Identity Document Verification, Business Verification, and Watchlist Screening.
How many acquisitions has Trulioo made?
Trulioo has made 1 acquisition, including HelloFlow.
Who are Trulioo's investors?
Trulioo has 9 investors. Key investors include UST, BDC, Eureka Network, American Express Ventures, and Citi Ventures.
What is Trulioo's valuation?
The valuation of Trulioo is $1.75B as of Jun 2021.
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