Truework is a verified identity platform that gives consumers control over their personal and professional information.
Truework is building pro-privacy products that enable businesses and consumers to regain control over how their sensitive information is shared online.
Truework was founded in 2017 by Ryan Sandler, Ethan Winchell and Victor Kabdebon. The company is headquartered in San Francisco, California.
Truework is is initially focused on verified employment & income data, information that is necessary for the lending and housing markets to function smoothly, but relies on outdated, pen- and- paper processes that provide consumers with no assurance of privacy or accuracy.
Truework’s platform digitizes this process for HR departments, banks, and others, to make it faster and more secure for employees to get verified when applying to transactions like loans and apartment rentals.
Truework’s network is comprised of hundreds of employers, including The College Board, Oscar Health, InVision, and Tuft & Needle. The company serves over 20,000 small businesses, as well as 100 enterprises, with the number of verifiers (its term for those requesting information) now at 40,000. Customers include The College Board, The Real Real, Oscar Health, The Motley Fool, and Tuft & Needle.
Truework is backed by Activant Capital, Sequoia Capital, Khosla Ventures, as well as a number of high profile execs and entrepreneurs — Jeff Weiner (LinkedIn); Tom Gonser (Docusign) and others. The company raised $30M in a Series B round on May 20, 2020. This brings Truework's total funding to $44.9M to date.