ID verification startup Trulioo raises $394 million, valued at $1.75 billion

Trulioo, a Canadian-based startup that provides electronic identity and address verification globally, said on Monday it raised $394 million in a funding round led by venture capital firm TCV and that it is now valued at $1.75 billion.

The Vancouver-based company has access to over 450 different data sources, including those of governments and credit bureaus, as well as phone records and information from nontraditional sources.

Read more: Reuters