June 07 - 14:06
ID verification startup Trulioo raises $394m, valued at $1.75bn
ID verification startup Trulioo has raised $394m in a funding round led by venture capitalist TCV, with the raise valuing this business at $1.75bn. There was also participation from existing investors Amex Ventures, Citi Ventures, Blumberg Capital and Mouro Capital. As part of the deal, TCV General Partner, Jake Reynolds, and Principal Amol Helekar will join Trulioo’s Board of Directors.
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