Trulioo: Raises USD $394M in Series D; at $1.75 Billion Valuation

Trulioo Raises USD $394M in Series D; at $1.75 Billion Valuation

• Trulioo, a Vancouver, BC, Canada-based global identity verification company, completed a $394M Series D funding round at a $1.75 Billion valuation
• The round was led by TCV, with participation from existing investors Amex Ventures, Citi Ventures, Blumberg Capital and Mouro Capital
• In conjunction with the funding, TCV General Partner, Jake Reynolds, and Principal Amol Helekar will join Trulioo’s Board of Directors
• The company intends to use the funds to expand operations and its business reach
• The company is a global identity verification company, enabling businesses and consumers to transact safely and securely
• The platform provides real-time verification of 5 billion consumers and 330 million business entities worldwide all through a single API integration