How Much Did Trulioo Raise?
Funding & Key Investors

Trulioo, a prominent player in the global identity verification landscape, has successfully navigated multiple capital rounds to reach its current enterprise-level maturity. With a cumulative $475.3M in backing, the company has demonstrated a consistent trajectory of growth. The most recent $394M represents a major strategic investment, underscoring the market's confidence in the firm's ability to scale its compliance and risk mitigation infrastructure on a global scale.

What is Trulioo?

Trulioo
SoftwareSecurity Software

Founded in 2011 and headquartered in Vancouver, Canada, Trulioo provides a sophisticated suite of identity verification tools designed to meet the rigorous demands of modern digital commerce. Its flagship service, GlobalGateway, enables organizations to verify user identities against a vast array of third-party data sources, including government databases, credit bureaus, and mobile carriers. By streamlining compliance, age verification, and fraud prevention, Trulioo has positioned itself as a critical utility for enterprises operating in highly regulated environments, effectively bridging the gap between security and user experience.

How much funding has Trulioo raised?

Trulioo has raised a total of $475.3M across 7 funding rounds:

2012

Angel/Seed

$2M

2014

Series A

$6M

2015

Private Equity

$15M

2018

Series B

$10M

2019

Private Equity

$6.9M

Series C

$41.4M

2021

Series D

$394M

Angel/Seed (2012): $2M with participation from Blumberg Capital

Series A (2014): $6M led by Blumberg Capital, Tenfore Holdings, and BDC Venture Capital

Private Equity (2015): $15M supported by Blumberg Capital, American Express, and BDC Venture Capital

Series B (2018): $10M featuring BDC Venture Capital

Private Equity (2019): $6.9M backed by Blumberg Capital and BDC Capital

Series C (2019): $41.4M with participation from Santander InnoVentures, Goldman Sachs Growth Equity, American Express, and Citi Ventures

Series D (2021): $394M led by Mouro Capital, The TCV, Amex Ventures, and Blumberg Capital

Key Investors in Trulioo

Blumberg Capital

Blumberg Capital is an early and growth stage venture capital firm that partners with visionary technology founders from inception to exit, providing hands-on advisory support.

American Express

American Express is a global financial services organization specializing in payment solutions and travel services, maintaining a comprehensive ecosystem for consumer and business financial management.

Goldman Sachs Growth Equity

Goldman Sachs is a leading global investment banking and management firm that provides strategic advisory and capital to high-growth companies across international markets.

What's next for Trulioo?

Following the infusion of capital, Trulioo is well-positioned to accelerate its product roadmap and expand its international footprint. The company is expected to focus on enhancing its AI-driven verification capabilities to combat increasingly complex digital fraud vectors. As regulatory scrutiny intensifies globally, Trulioo's strategic focus will likely center on deepening its integration with enterprise-grade financial systems and expanding its coverage in emerging markets, ensuring that its compliance-as-a-service model remains the industry standard for secure, frictionless digital onboarding.

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Frequently Asked Questions Regarding Trulioo Financial Insights

What are the most recent funding rounds that Trulioo has completed, and what were the funding rounds?
Trulioo has recently completed 3 funding rounds: Series D on Jun 7, 2021, Private Equity on Sep 17, 2019, Series C on Sep 17, 2019.
What is the total amount of funding Trulioo has raised to date?
Trulioo has raised a total of $475.3M in funding to date.
How many funding rounds has Trulioo completed?
Trulioo has completed 3 funding rounds.
How much funding did Trulioo raise in its most recent funding round?
Trulioo raised $394M in its most recent funding round.
Who are the lead investors in Trulioo's latest funding round?
The lead investor in Trulioo's latest funding round was Mouro Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Trulioo's history?
The largest funding round in Trulioo's history was $394M.
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