Truora
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 4.9m | 14.2m | 28.0m | 35.2m | 40.5m |
% growth | - | 190 % | 97 % | 26 % | 15 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$150k | Seed | ||
$3.3m Valuation: $15.0m | Seed | ||
* | $15.0m Valuation: $75.0m | Series A | |
Total Funding | €16.8m |
Related Content
Recent News about Truora
EditTruora is a technology company specializing in automated identity verification and background checks, serving businesses across various sectors including gig economy platforms, financial services, and e-commerce. Operating primarily in Latin America, Truora helps companies streamline their customer interactions and onboarding processes, ensuring compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. By leveraging advanced technology, Truora enables businesses to validate personal, criminal, and legal backgrounds in seconds, thereby increasing conversion rates and reducing operational times. The company's business model revolves around providing these verification services through a subscription-based platform, generating revenue from businesses that require secure and efficient user verification solutions. Truora's clients benefit from enhanced security, faster onboarding, and improved customer engagement, ultimately contributing to their growth and operational efficiency.
Keywords: identity verification, background checks, KYC compliance, AML compliance, gig economy, user onboarding, Latin America, subscription-based, customer engagement, operational efficiency.