Trulioo
 | |
| Company type | Private |
|---|---|
| Industry | Identity and Business Verification |
| Founded | 2011 Vancouver, British Columbia, Canada |
| Founder | Stephen Ufford Tanis Jorge |
| Headquarters | , Canada |
Area served | Worldwide |
Key people |
|
| Products | Global Identity Verification Platform |
| Services | Business Verification, Person Match, Identity Document Verification, Watchlist Screening, Fraud Intelligence |
| Website | https://www.trulioo.com/ |
Trulioo is a Canadian-based company that provides electronic identity and address verification of both individuals and businesses.[2] Trulioo customers use the service to verify the identity of their own customers as part of 'Know Your Customer' verification. It began as a service to Facebook in 2012, and as of 2014 includes verification for Google and LinkedIn.[3]
History
[edit]Stephen Ufford and Tanis Jorge founded Trulioo in 2011. The company raised $6 million in series A funding in 2014, led by Tenfore Holdings and with participation from BDC Capital and Blumberg Capital.[4] That same year, Trulioo launched a platform for international identity verification.
In 2015, Trulioo raised $15 million from American Express Ventures, BDC Capital, Blumberg Capital and Tenfore Holdings.[5] The company continued expanding globally, opening a satellite office in Dublin in 2018.[6]
In 2019, Trulioo secured $70 million in funding, including a $60 million series C led by Goldman Sachs Growth Equity and with participation from Citi Ventures, Santander InnoVentures and earlier investors.[7]
Trulioo reached unicorn status in 2021 following a $394 million series D funding round led by TCV, which valued the company at $1.75 billion.[8]
In 2022, the company acquired HelloFlow, a Denmark-based no-code onboarding platform, and expanded its operations to Singapore and San Diego.[9] In 2023, Trulioo rebranded and launched a new global identity verification platform for person and business verification.[10]
In 2025, Vicky Bindra was appointed Chief Executive Officer.[11]
Customers
[edit]Trulioo provides identity verification services to a wide range of global enterprises across industries such as banking, payment services, online marketplaces, trading platforms, cryptocurrency, foreign exchange and wealth management.
Notable customers include J.P. Morgan Payments,[12] EQ Bank,[13] Nium,[14] Mastercard,[15] Capital.com,[16] Airwallex,[17] PingPong Payments[18] and Trust Payments.[19]
References
[edit]- ^ Lewis, Rob (11 January 2016). "Why Canada's Financial Technology Space Needs a United Voice". Techvibes. Retrieved 4 February 2016.
- ^ "Trulioo raises $52.8 million to verify customers' identities". VentureBeat.
- ^ Ha, Anthony (11 March 2014). "Trulioo Raises $6M To Verify Online Profiles". Tech Crunch. Retrieved 11 March 2014.
- ^ "Trulioo nabs $6 million in venture capital, hits 100 million verifications".
- ^ "Vancouver startup Trulioo raises $15m as it eyes FinTech expansion".
- ^ "Trulioo opens satellite office in Dublin".
- ^ "Goldman Leads Trulioo's $70M Raise To Expand Global Digital ID".
- ^ "ID verification startup Trulioo raises $394 mln, valued at $1.75 bln".
- ^ "Trulioo acquires HelloFlow, adding customer onboarding to platform".
- ^ "Trulioo Launches New Global Identity Verification Platform".
- ^ "Vancouver fintech Trulioo taps new CEO".
- ^ "J.P. Morgan Payments Selects Trulioo to Power Global Identity Verification Services".
- ^ "Canada's EQ Bank Partners With Trulioo for Identity Document and Biometric Verification".
- ^ "Trulioo and Nium Partner to Enhance UK Operations With Rapid, Compliant Payment Experiences".
- ^ "Trulioo joins forces with Mastercard".
- ^ "Capital.com Selects Trulioo to Support Identity Verification for Global Expansion".
- ^ "Trulioo and Airwallex Expand Global Partnership".
- ^ "PingPong adopts Trulioo Business Verification solutions".
- ^ "Trust Payments Selects Trulioo to Streamline Verification, Reduce Onboarding Costs and Power Global Growth".