About Trusona
Trusona is a company based in Phoenix (United States) founded in 2015.. Trusona has raised $38 million across 3 funding rounds from investors including Akamai, OurCrowd and Kleiner Perkins. Trusona offers products and services including ATO Protect, AAMVA Identify Proofing, and ATO Protect API. Trusona operates in a competitive market with competitors including BitGo, Riskified, Signifyd, Yoti and LifeLock, among others.
- Headquarter Phoenix, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Trusona, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$38 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series C
Jan 14, 2020
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Investors
Akamai
& 5 more
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Employee Count
Employee Count
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Products & Services of Trusona
Trusona offers a comprehensive portfolio of products and services, including ATO Protect, AAMVA Identify Proofing, and ATO Protect API. 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.
Prevents account takeovers and deepfake attacks for IT helpdesks
Verifies identities for secure transactions and workflows
Enables automated checks in organizational systems
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Funding Insights of Trusona
Trusona has successfully raised a total of $38M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in January 2020. 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 3
- Last Round Series C — $20.0M
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First Round
First Round
(22 Feb 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series C - Trusona | Valuation | Georgian | |
| Jun, 2017 | Amount | Series B - Trusona | Valuation | M12 | |
| Feb, 2016 | Amount | Series A - Trusona | Valuation | Kleiner Perkins |
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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 Trusona
Trusona has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Akamai, OurCrowd and Kleiner Perkins. 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 in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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US early-stage startups are invested in by Seven Peaks Ventures.
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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 Trusona
| 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 |
Financial Statements - Trusona
| 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 |
Trusona Comparisons
Competitors of Trusona
Trusona 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 BitGo, Riskified, Signifyd, Yoti and LifeLock, 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 |
Crypto-based custody, trading, and lending services are provided to institutions.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| domain | founded_year | HQ Location |
Identity verification solutions are provided for multiple industries digitally.
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| domain | founded_year | HQ Location |
Identity theft is protected and prevented through cyber monitoring services.
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| domain | founded_year | HQ Location |
Cloud-based fraud prevention 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 Trusona
Frequently Asked Questions about Trusona
When was Trusona founded?
Trusona was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Trusona located?
Trusona is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Is Trusona a funded company?
Trusona is a funded company, having raised a total of $38M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Feb 22, 2016.
What does Trusona do?
Trusona was founded in 2015 in Phoenix, United States, within the cybersecurity sector. Authentication solutions are provided to businesses via passkeys, which eliminate passwords and enable phishing-resistant logins. Operations focus on reducing unemployment insurance fraud, age verification, secure transactions, and data privacy protections. The platform supports various enterprise needs through its domain, trusona.com.
Who are the top competitors of Trusona?
What products or services does Trusona offer?
Trusona offers ATO Protect, AAMVA Identify Proofing, and ATO Protect API.
Who are Trusona's investors?
Trusona has 6 investors. Key investors include Akamai, OurCrowd, Kleiner Perkins, Georgian, and M12.