Truv is a pioneering consumer-permissioned data platform that offers an extensive range of verification services including income, employment, assets, insurance, and direct deposit switching. With a core focus on unmatched coverage, compliance, and data quality, Truv enables customers to effortlessly verify various aspects at a significant cost-saving of 60-80% compared to traditional methods.
Founded in 2020 and headquartered in the United States, Truv has quickly positioned itself as an industry leader. The company is proud to hold esteemed accreditations as a Freddie Mac Loan Product Advisor® asset and income modeler (AIM) provider, and a Fannie Mae Desktop Underwriter® (DU®) validation service provider. These certifications solidify Truv's dedication to offering top-notch verification services tailored for mortgage lenders, banks, and credit unions.
In its Series A investment round at 03 March 2022, Truv secured a significant $25.00M funding. Notable investors in this round included Soma Capital, Kleiner Perkins, Elefund, Fathom Capital, NYCA Partners, Xploration Capital, Abstract Ventures, and Function Investments. This substantial investment underscores strong confidence in Truv's potential and a recognition of its value proposition within the API, Data Analytics, Fintech, and Information Technology sectors.