truID Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 6

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $54.7K

  • Investors
  • 8

truID General Information

Description

Developer of an open banking platform designed to make bank integration convenient and efficient. The company's platform allows clients to securely access identity data, balance, and transactions for the user's bank account and also allows banks to analyze customers' profiles and credit scores, enabling customers to avail themselves of a trusted and secure financial data-sharing ecosystem.

Contact Information

Website
www.truid.co.za
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1 The Parade Street
  • Bedfordview
  • Johannesburg, 2008
  • South Africa
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Other Financial Services
Vertical(s)
SaaS, FinTech
Corporate Office
  • 1 The Parade Street
  • Bedfordview
  • Johannesburg, 2008
  • South Africa

truID Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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truID Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC 01-Aug-2023 $54.7K Completed Generating Revenue
3. Later Stage VC 01-Jun-2021 Completed Generating Revenue
2. Later Stage VC (Series 1) 01-Jun-2020 Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view truID’s complete valuation and funding history, request access »

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truID Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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truID Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Silverbacks Holdings Venture Capital Minority
Tovastyle Corporation
Winterhold Corporation
Century Oak Ventures Venture Capital Minority
Crossfin Ventures Venture Capital Minority
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truID FAQs

  • When was truID founded?

    truID was founded in 2015.

  • Where is truID headquartered?

    truID is headquartered in Johannesburg, South Africa.

  • What is the size of truID?

    truID has 6 total employees.

  • What industry is truID in?

    truID’s primary industry is Financial Software.

  • Is truID a private or public company?

    truID is a Private company.

  • What is truID’s current revenue?

    The current revenue for truID is .

  • How much funding has truID raised over time?

    truID has raised $54.7K.

  • Who are truID’s investors?

    Silverbacks Holdings, Tovastyle, Winterhold, Century Oak Ventures, and Crossfin Ventures are 5 of 8 investors who have invested in truID.

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