Trulioo raises $52.8 million to verify customers’ identities

By Kyle Wiggers

Vancouver-based Trulioo, a startup that provides electronic identity and address verification for 5 billion people and 250 million business entities in 195 countries, today announced that it’s raised $70 million CAD (about $52.8 million) in funding. It included $60 million CAD in a series C round led by Goldman Sachs with participation from Citi Ventures, American Express, and Santander InnoVentures, as well as $10 million in unannounced follow-on funding from early investors Blumberg Capital and BDC Capital last year.

Read more.