Amex Ventures and Citi Ventures were among the returning investors that backed the identity verification software provider in its series D round, at a $1.75bn valuation.
Canada-based identity authentication technology producer Trulioo secured $394m yesterday in a series D round valuing it at $1.75bn that included payment services provider American Express and financial services firm Citi.
Growth equity firm TCV led the round, which included venture capital firms Blumberg Capital and Mouro Capital – the latter sponsored by financial services firm Santander. American Express and Citi invested through American Express Ventures and Citi Ventures respectively.
Founded in 2009, Trulioo has built a software tool that helps organisations…
