Truework

Truework is building a network for verified identity that puts consumers in control of their sensitive personal information. Truework’s platform digitizes em...

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Updated: Dec 17, 2025 ·

About

Truework is an income and employment verification platform that simplifies the verification process by connecting various verification methods into one comprehensive solution, ensuring data accuracy and efficiency.

Recent News & Mentions

Aug 1, 2022FundingTruework - Series C May 1, 2020FundingTruework - Series B Jul 1, 2019FundingTruework - Series A Apr 1, 2018FundingTruework - Seed

Financial History

Truework has raised $95.0M across 4 funding rounds. Most recently, it raised $50.0M Series C in August 2022.

Total Raised

$95.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Other Investors
Aug 1, 2022	$50.0M Series C	Activant Capital, Balderton Capital, BlueRun Ventures, Buckley Ventures, Company Capital, CrunchFund, Curated, Flex Capital, Forerunner Ventures, Founder Collective, Greylock, GSV Asset Management, Indeed.com, IVP, Khosla Ventures, Maven Ventures, Menlo Ventures, Mischief Venture Capital, Next Play Ventures, Resolute Ventures, Ride Ventures, Sequoia Capital, Social Capital, SV Angel, Telescope Partners, Y Combinator, Kintan Brahmbhatt, Noam Bardin, Ran Makavy, Rob Theis, Vipul Ved Prakash, William Hockey
May 1, 2020	$30.0M Series B	Activant Capital, Altimeter Capital, American Express Ventures, AngelList, Balderton Capital, B Capital Group, BlueRun Ventures, Buckley Ventures, Canaan Partners, Company Capital, CrunchFund, Curated, Curie.Bio, Dell Technologies Capital, Dig Ventures, Engineering Capital, EQT Ventures, Flex Capital, Forerunner Ventures, Founder Collective, Franklin Templeton Investments, General Catalyst, Greylock, GSV Asset Management, HOF Capital, IA Ventures, Indeed.com, Insight Partners, Kearny Jackson, Khosla Ventures, Menlo Ventures, Meritech Capital Partners, Mischief Venture Capital, mParticle, Next Play Ventures, Jeff Richards, Operator Partners, Osage University Partners, Ride Ventures, Sapphire Ventures, Sequoia Capital, Shine Capital, Sierra Ventures, SV Angel, Techstars, The Finger Group, Tiger Global Management, Weekend Fund, Y Combinator, Adam D'Angelo, Akshay Kothari, Amber Feng, Deepak Jeevan Kumar, Gokul Rajaram, JC Lee, John Bonten, Kevin Weil, Kintan Brahmbhatt, Manik Gupta, Oded Hermoni, Pratyus Patnaik, Rob Theis, Scott Belsky, Sheila Tran, Vipul Ved Prakash, William Hockey
Jul 1, 2019	$12.0M Series A	9Yards Capital, Kevin Hartz, ACME Capital, Adverb Ventures, Amity Ventures, Andreessen Horowitz, Chloe Sladden, Caffeinated Capital, Catapult Capital, Coatue, Cota Capital, Craft Ventures, CrunchFund, Elefund, Ensemble VC, Felicis Ventures, FirstMark Capital, Flybridge, Forerunner Ventures, Gideon Yu, Founder Collective, Founders Fund, FPV Fund, General Atlantic, Haystack, Innovent Capital Group, Jigsaw VC, K9 Ventures, Khosla Ventures, Lakestar, Long Journey Ventures, Menlo Ventures, Mischief Venture Capital, Moonshots Capital, Glenn Solomon, Offline Ventures, Saga, SciFi VC, Sequoia Capital, Seven Seven Six, Sinai Ventures, Spero Ventures, Susa Ventures, SV Angel, The Hit Forge, Thrive Capital, Tribe Capital, True Ventures, TSVC Capital, Union Square Ventures, Vine Ventures LP, Y Combinator, Aaron Levie, Andy Rankin, Charlie Cheever, Jason Wang, Jeffrey Lee, Jeff Seibert, Jeremy Stoppelman, Joe Greenstein, Karim Elsahy, Louis Beryl, Oliver Thylmann, Russell Cook, Sam Altman, Scott Banister, Scott Belsky, Stewart Butterfield, Todd Corenson, Vivek Garipalli, Wayne Chang
Apr 1, 2018	$3.0M Seed	9Yards Capital, Kevin Hartz, ACME Capital, Activant Capital, Adverb Ventures, Amity Ventures, Andreessen Horowitz, Chloe Sladden, Balderton Capital, Batalion Capital, BlueRun Ventures, Bowery Capital, Buckley Ventures, Caffeinated Capital, Canvas Ventures, Catapult Capital, Cherry Ventures, Coatue, Company Capital, Cota Capital, Craft Ventures, CrunchFund, Curated, Curie.Bio, DCM, Electric Capital, Elefund, Ensemble VC, Evolve VC, Felicis Ventures, FirstMark Capital, First Round Capital, Flex Capital, Flybridge, Footwork, Gideon Yu, Founder Collective, Founders Fund, FPV Fund, Frontline Ventures, Fubu, General Atlantic, General Catalyst, Goat Capital, Great Oaks Venture Capital, Greylock, GSV Asset Management, Haystack, Homebrew, Human Capital, Indeed.com, Innovent Capital Group, Javelin Venture Partners, Jigsaw VC, K9 Ventures, Khosla Ventures, Kindred Ventures, Kleiner Perkins, KRM Interests LLC, Lakestar, Long Journey Ventures, Menlo Ventures, Moonshots Capital, Next Play Ventures, Glenn Solomon, Offline Ventures, Operator Partners, Pioneer Fund, Presence Capital, Quiet Capital, Ride Ventures, Gil Penchina, Saga, SciFi VC, Sequoia Capital, Seven Seven Six, Sinai Ventures, South Park Commons, Spero Ventures, Susa Ventures, SV Angel, The Finger Group, The General Partnership, The Hit Forge, ThirdLove, Thrive Capital, Tribe Capital, True Ventures, TSVC Capital, Underdog Labs, Union Square Ventures, UpHonest Capital, UP.Partners, Vine Ventures LP, VitalStage Ventures, Western Technology Investment, Winklevoss Capital, Y Combinator, Aaron Levie, Adrian Aoun, Andy Rankin, Brian Distelburger, Charlie Cheever, Charlie Songhurst, Chris Fanini, David Marcus, David Yaffe, Desmond Lim, Dharmesh Shah, Emmett Shear, Gokul Rajaram, Hanno Renner, Immad Akhund, Jason Lemkin, Jeffrey Lee, Jeff Seibert, Jeremy Stoppelman, Joe Greenstein, Joshua Schachter, Julius Köhler, Karim Atiyeh, Karim Elsahy, Kevin Lin, Kintan Brahmbhatt, Kyle Vogt, Louis Beryl, Luc Vincent, Manish Shah, Mario Götze, Matt Brezina, Michael Wax, Michał Borkowski, Mikhail Seregine, Oliver Thylmann, Osama Bedier, Paul McKellar, Pierre Valade, Rene Reinsberg, Rob Theis, Ron Pragides, Russell Cook, Sam Altman, Samvit Ramadurgam, Scott Banister, Scott Belsky, Shervin Pishevar, Shri Ganeshram, Sohail Prasad, Stewart Butterfield, Tikhon Bernstam, Tim Ferriss, Tirto Adji, Todd Corenson, Travis Vanderzanden, Vipul Ved Prakash, Vivek Garipalli, Wayne Chang, Wiley Cerilli, William Hockey

Financial History

Truework has raised $95.0M across 4 funding rounds.

Total Raised

$95.0M

Valuation

N/A

Leadership Team

Key people at Truework.

Leadership Team

Key people at Truework.

Deep Dive

High-Level Overview

Truework builds a verified identity network that empowers consumers to control their sensitive personal information, particularly employment and income data. Its platform digitizes and streamlines the traditionally slow and insecure process of verifying work history and income for banks, landlords, lenders, and other verifiers. Truework serves employees, employers, and third-party verifiers by providing a secure, consent-based system that enables instant and accurate verification through a combination of direct employer data, payroll integrations, and smart outreach. The platform supports over 35 million employee records and is used by thousands of businesses, including large enterprises and small businesses, facilitating faster financial transactions like mortgage approvals and rental applications[1][2][3].

Origin Story

Truework was founded by a team with backgrounds in technology and identity verification, emerging from the need to solve the cumbersome and insecure manual processes for employment and income verification. The idea grew from recognizing that verifying sensitive data was inefficient and often exposed personal information unnecessarily. Early traction came from onboarding small businesses and enterprises, quickly scaling to include major customers such as The College Board and Oscar Health. The company has evolved from a simple verification tool to a comprehensive platform with API integrations and partnerships, including a notable collaboration with TransUnion to enhance mortgage lending processes[1][4][9].

Core Differentiators

Product Differentiators: Truework uses a multi-method verification approach—Instant Network (direct employer and payroll system access), Credentials (applicant login to payroll providers), and Smart Outreach (automated HR contact)—to maximize speed and coverage[2].
Developer Experience: Offers an API and front-end widget (Truework.js) enabling seamless integration for automated verification workflows[4].
Security and Compliance: Implements robust security measures including ISO27001, SOC2 Type 1 & 2, AES-256 encryption, field-level encryption, tokenization of PII, and strict access controls to protect data privacy[1][7].
Ease of Use: Employees control consent for data sharing, enhancing privacy and trust. The platform supports real-time tracking and reporting for verifiers[3].
Network Strength: Access to over 35 million employee records and partnerships with 150+ payroll providers, covering 90% of U.S. employers[2][6].

Role in the Broader Tech Landscape

Truework rides the growing trend of digital identity verification and consumer data control amid increasing demand for secure, privacy-centric data sharing. The timing is critical as financial institutions, landlords, and employers seek faster, more reliable verification methods to reduce fraud and improve user experience. Market forces such as regulatory emphasis on data privacy, the rise of API-driven fintech solutions, and the need for seamless digital onboarding favor Truework’s platform. By building a verified identity network that puts consumers in control, Truework influences the broader ecosystem by setting new standards for consent-based data sharing and enabling a future where verified identity replaces repetitive paperwork and credit pulls[6][9].

Quick Take & Future Outlook

Truework is poised to expand beyond employment and income verification into a broader digital identity platform, enabling users to share verified personal information securely across multiple use cases. Future trends shaping its journey include increased adoption of verified digital identities, integration with more financial and non-financial services, and enhanced predictive analytics for verification processes. As Truework grows its network and partnerships, it could become a foundational layer for consumer identity verification, reducing friction in online transactions and empowering users with unprecedented control over their data[5][6]. This evolution ties back to its mission of building a trusted, consumer-centric identity network that transforms how sensitive information is shared and verified.

Sources

Frequently Asked Questions

Who founded Truework?

Truework was founded in 2017 by Victor Kabdebon (Founder) and Ethan Winchell (Founder) and Ryan Sandler (Founder).

How much funding has Truework raised?

Truework has raised $95.0M in total across 4 funding rounds.

Who are Truework's investors?

Truework's investors include Activant Capital, Balderton Capital, BlueRun Ventures, Buckley Ventures, Company Capital, CrunchFund, Curated, Flex Capital, Forerunner Ventures, Founder Collective, Greylock, GSV Asset Management.

Frequently Asked Questions

Who founded Truework?

Truework was founded in 2017 by Victor Kabdebon (Founder) and Ethan Winchell (Founder) and Ryan Sandler (Founder).

How much funding has Truework raised?

Truework has raised $95.0M in total across 4 funding rounds.

High-Level Overview

Origin Story

Core Differentiators

Product Differentiators: Truework uses a multi-method verification approach—Instant Network (direct employer and payroll system access), Credentials (applicant login to payroll providers), and Smart Outreach (automated HR contact)—to maximize speed and coverage[2].
Developer Experience: Offers an API and front-end widget (Truework.js) enabling seamless integration for automated verification workflows[4].
Security and Compliance: Implements robust security measures including ISO27001, SOC2 Type 1 & 2, AES-256 encryption, field-level encryption, tokenization of PII, and strict access controls to protect data privacy[1][7].
Ease of Use: Employees control consent for data sharing, enhancing privacy and trust. The platform supports real-time tracking and reporting for verifiers[3].
Network Strength: Access to over 35 million employee records and partnerships with 150+ payroll providers, covering 90% of U.S. employers[2][6].