Announced
Completed
Financials
Sources
Tags
cybersecurity
Completed
Software
Cross Border
Minority
Single Bidder
Friendly
Canada
Venture Capital
Private Equity
identity verification solutions
Acquisition
Private
Synopsis
TCV, an American investment firm, led a $394m series D funding round in Trulioo, a global identity verification company, with participation from Amex Ventures, Citi Ventures, Blumberg Capital and Mouro Capital. “The shift to online has brought digital identity to the forefront. This new round of funding will enable us to accelerate our goal to become an end-to-end identity platform. Our vision is to break down fragmented data silos caused by disparate identity networks, and we will work in partnership with TCV to expand our investments in product innovation, build out artificial intelligence/machine learning capabilities and accelerate our global go-to-market strategy,” Steve Munford, Trulioo President and CEO.
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