About
Truework provides instant income and employment verification for lenders. Raised $125M+ at ~$480M valuation from Sequoia, Khosla, Activant. Acquired by Checkr in April 2025. Serves 8 of 10 largest mortgage lenders. Instant network of 48M active employees. Founded 2017 by ex-Opendoor team Ryan Sandler and Ethan Winchell. HousingWire Tech100 2025 winner.
Key Facts
- [1]Founded: Founded in 2017 in San Francisco, United States.
- [2]Funding: Total funding: $125M. Last round: Apr 2025. Stage: Growth.
- [3]Employees: Employee count: 51-200.
- [4]Acquisition: Acquired by Checkr.
- [5]Company Type: Acquired company.
- [6]Website: Official website: truework.com.
- [7]AI Technology: Core AI/ML technologies: Data Platform.
- [8]Region: Region: Americas (United States).
Founders
Ryan Sandler
Co-founder & CEO
Ethan Winchell
Co-founder & CTO
AI Technology
Data Platform
Data aggregation and enrichment platforms with minimal ML
Classification
Market Segments
Tech Stack Layers
Details
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Underwrite.ai
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Frequently Asked Questions
What is Truework (Checkr)?
Truework provides instant income and employment verification for lenders. Raised $125M+ at ~$480M valuation from Sequoia, Khosla, Activant. Acquired by Checkr in April 2025. Serves 8 of 10 largest mortgage lenders. Instant network of 48M active employees. Founded 2017 by ex-Opendoor team Ryan Sandler and Ethan Winchell. HousingWire Tech100 2025 winner. Truework (Checkr) is classified in the Lending & Credit segment at the Data layer of the financial AI stack.
Who founded Truework (Checkr)?
Truework (Checkr) was founded by Ryan Sandler (Co-founder & CEO) and Ethan Winchell (Co-founder & CTO) in 2017 in San Francisco, United States. The company was acquired by Checkr.
How much funding has Truework (Checkr) raised?
Truework (Checkr) has raised $125M in total funding, placing the company at the Growth stage. The most recent round closed in Apr 2025. Among 81 funded Lending & Credit companies, Truework (Checkr) ranks #45 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Truework (Checkr) use?
Truework (Checkr) primarily leverages Data Platform technology. Data aggregation and enrichment platforms with minimal ML. Within the Lending & Credit segment, 10 companies use this technology.
What market segment does Truework (Checkr) operate in?
Truework (Checkr) operates in the Lending & Credit market segment. AI lending and credit companies are reimagining how creditworthiness is assessed, loans are originated, and debt is managed across consumer, small business, and commercial markets.
Where is Truework (Checkr) headquartered?
Truework (Checkr) is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 51-200 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Truework (Checkr)'s competitors?
Companies similar to Truework (Checkr) in the Lending & Credit space include Upstart ($160M raised), Zest AI ($357M raised), Pagaya ($75M raised), Scienaptic AI ($17M raised), Underwrite.ai. These companies operate in related areas of financial AI: Upstart focuses on ai lending platform using alternative data for credit decisions. Zest AI focuses on ai-automated underwriting for credit unions and banks. Pagaya focuses on ai-driven financial network connecting banks to lending. (Based on AIFI Map classification data.)
What products does Truework (Checkr) offer?
Truework (Checkr) builds data-layer solutions for the financial services industry. The company's core offering: AI employment verification. The platform is powered by Data Platform technology.
Is Truework (Checkr) publicly traded?
Truework (Checkr) is no longer independently traded. The company was acquired by Checkr. Prior to the acquisition, Truework (Checkr) had raised $125M in venture funding.