Trulioo, a Vancouver, B.C., Canada-based global identity verification company, received a strategic investment from UST Global, a provider of end-to-end IT services and solutions for Global 1000 companies.
As part of the UST deal, Saurabh Ranjan will join Trulioo’s Board of Advisors. The investment will enable Trulioo to drive innovation to customers.
Led by Stephen Ufford, Founder and CEO, Trulioo provides advanced analytics based on global Internet identity information and user behavior from sources including social login providers, ad networks, mobile applications, e-commerce websites, social networks and its customers. Trulioo specializes in scoring cyber identities as authentic, machine generated or fraudulent and covers more than 3 billion people in 35 countries through a single integration.
Since launching in 2011, the company has verified over 100 million online identities and now services more than 300 customers worldwide.
Trulioo raised over $10m in venture capital from San Francisco-based Blumberg Capital, New York based Tenfore Holdings, and BDC VC Canada’s largest investor.