Truework Raises $12 Million in Funding

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Truework, a San Francisco based startup, announced it raised new funding for its verified user data platform.

The startup announced it has raised $12 million in Series A funding from Sequoia Capital which lead the funding in this round. Supporting investors in this round includes Stanford University, Founder Collective, Khosla Ventures, and Menlo Ventures.

The startup has raised nearly $15 million in venture capital funding since its launch.

Truework focuses on verified employment and income data to modernize research of customer data for lending and housing decisions, eliminating outdated and security challenged pen and paper processes.