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Truv logo — Truv makes it easy to verify income, employment, assets, ins...

Truv

Truv makes it easy to verify income, employment, assets, insurance, and switch direct deposits.

Founded 2020 United States New York, United States 69 employees Series A Total: $28.50M API, Data Analytics +2

General Information

Company Name Truv
Founded Year 2020
Location United States New York, United States
Employees 69
Industries API, Data Analytics, Fintech +1
Funding Stage Series A
Social

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About Truv

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.

Business keywords: Open Finance, Verification Services, Income Verification, Employment Verification, Asset Verification, Insurance Verification, Financial Technology, Direct Deposit, Customer Verification, Income Security, Financial Inclusion

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $25.00M 8
Soma Capital, Kleiner Perkins +6
03 Mar 2022
Seed Round $3.50M 2
Fathom Capital, Function Investments
16 Feb 2021

Truv Alternatives & Competitors

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FAQ About Truv

Truv makes it easy to verify income, employment, assets, insurance, and switch direct deposits.
Truv was founded in 2020.
Truv is headquartered in New York, United States.
Truv operates in API, Data Analytics, Fintech and Information Technology. Its work centres on Open Finance, Verification Services, Income Verification and Employment Verification.
Truv has approximately 69 employees.
Truv has completed 2 funding rounds, raising a total of $28.50M. The latest funding stage is Series A.
Top alternatives and competitors to Truv include Finicity, a Mastercard Company, Pinwheel, Flinks, Truework, Ocyan. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Truv and Finicity, a Mastercard Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Truv, https://bouncewatch.com/company/truv, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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