Verify

2022 - 8 - 9

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Image courtesy of "TechCrunch"

Truework, which helps lenders verify borrowers' income and ... (TechCrunch)

Truework, a company that builds technology for mortgage and consumer-centric lenders to instantly verify the income and employment of borrowers, ...

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Image courtesy of "PRNewswire"

Income Verification Platform Truework Raises $50M Series C (PRNewswire)

PRNewswire/ -- Truework, a fintech company that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to ...

Through partnerships with payroll providers such as Gusto, Zenefits, and BambooHR, Truework has the second-largest instant verification network with over 35 million employees. G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. Series C funding will help us further empower both sides of the verification equation and help build a more efficient, secure, and stable credit system." "Truework's vision, leadership, and technology are skillfully-calibrated to the current landscape," said G Squared Partner Spencer McLeod. "Rising rates and market uncertainty are catalyzing lenders to optimize their approval process. With consumer consent as a foundation, Truework verifies income for important extensions of credit, such as mortgages and auto loans. Leading the Series C round was G Squared, with returning investors Sequoia Capital, Activant Capital, and Khosla Ventures also participating.

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