About
Trulioo provides global KYC/KYB verification covering 5B consumers and 330M businesses through a single API. Reached unicorn status at $1.75B valuation after $394M Series D led by TCV in 2021. Total funding of $477M from Goldman Sachs, Citi Ventures, Santander, and others. Started serving Facebook in 2012; now trusted by leading fintechs and financial institutions. Acquired HelloFlow in 2022 for no-code onboarding.
Key Facts
- [1]Founded: Founded in 2011 in Vancouver, Canada.
- [2]Funding: Total funding: $475M. Last round: Jun 2021. Stage: Late Stage.
- [3]Employees: Employee count: 201-500.
- [4]Website: Official website: trulioo.com.
- [5]AI Technology: Core AI/ML technologies: Infrastructure.
- [6]Region: Region: Americas (Canada).
Founders
Stephen Ufford
Co-founder & CEO
Tanis Jorge
Co-founder & COO
AI Technology
Infrastructure
AI/ML infrastructure, compute networks, and tooling
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Trulioo?
Trulioo provides global KYC/KYB verification covering 5B consumers and 330M businesses through a single API. Reached unicorn status at $1.75B valuation after $394M Series D led by TCV in 2021. Total funding of $477M from Goldman Sachs, Citi Ventures, Santander, and others. Started serving Facebook in 2012; now trusted by leading fintechs and financial institutions. Acquired HelloFlow in 2022 for no-code onboarding. Trulioo is classified in the Risk & Compliance segment at the Models layer of the financial AI stack.
Who founded Trulioo?
Trulioo was founded by Stephen Ufford (Co-founder & CEO) and Tanis Jorge (Co-founder & COO) in 2011 in Vancouver, Canada. The company has been operating for 15 years.
How much funding has Trulioo raised?
Trulioo has raised $475M in total funding, placing the company at the Late Stage stage. The most recent round closed in Jun 2021. Among 74 funded Risk & Compliance companies, Trulioo ranks #12 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Trulioo use?
Trulioo primarily leverages Infrastructure technology. AI/ML infrastructure, compute networks, and tooling. Within the Risk & Compliance segment, 6 companies use this technology.
What market segment does Trulioo operate in?
Trulioo operates in the Risk & Compliance market segment. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually.
Where is Trulioo headquartered?
Trulioo is headquartered in Vancouver, Canada. The company operates in the Americas region. The team consists of 201-500 employees. Canada is home to 8 financial AI companies tracked by AIFI Map.
Who are Trulioo's competitors?
Companies similar to Trulioo in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does Trulioo offer?
Trulioo builds models-layer solutions for the financial services industry. The company's core offering: AI global identity verification network. The platform is powered by Infrastructure technology.