Trulioo secures TCV led US $394M Series D at US $1.75B valuation

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By CPE News

CPE News (6/7/2021) – Trulioo has reportedly raised US $394 million in Series D funding at US $1.75 billion valuation.

TCV led the financing and was joined by Amex Ventures, Citi Ventures, Blumberg Capital, and Mouro Capital.

Trulioo previously closed $60 million Series C in 2019 led by Goldman Sachs Growth Equity with participation from Citi Ventures, Santander InnoVentures, and existing investor American Express Ventures.

Trulioo investors also include BDC Capital, Tenfore Holdings, UST Global and private investors.

Vancouver based Trulioo is a RegTech company. The company builds and connects digital identity networks around the globe, and this framework of trust empowers businesses to assess the various risks associated with digital identities.

photo credit: Trulioo