Truora

Truora

Provides fast, innovative, and safe solution in background checks and identity theft detection.

HQ location
San Francisco, United States
Founding location
Bogotá, Colombia
Website
Launch date
Enterprise value
$75m
Recent deals
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Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-190 %97 %26 %15 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Truora
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Truora 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.

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Tech stack

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Investments by Truora

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ZapSign
ACQUISITION by Truora May 2022