San Francisco based provider of KYC solutions raised $12m in Series A funding led by Sequoia Capital.
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Truework raises $12 million
“Equifax makes almost $1 billion in revenue a year by selling income and employment data to verifiers at banks and often without consumer permission,” Truework CEO Ryan Sandler told Forbes. “Moving to a model that makes it faster and more secure to verify private information has seen incredibly large adoption in the one year since we’ve launched.”
