Propel Venture Partners and Accel led a USD15m Series A for Truora, a Colombian user identity authentication and customer onboarding platform. Angels participating included Simon Borrero (Rappi), Alex Bouaziz (Deel), Maria Echeverri (Muni), Dileep Thazhmon (Jeeves), Tatiana Fontalvo (Bitsports), Angela Borrero (Morado), Valentina Valencia (VaaS), Brian Requarth (Latitud) and Huey Lin (GGV). KASZEK and Accel invested USD3.3m in June 2019. 

(TechCrunch) – Truora, a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms.

Propel Venture Partners and Accel led the investment for Truora, which valued the company at $75 million post-money. 

Founded in August 2018, Truora was originally focused on background checks for gigster platforms. In 2018 and 2019, its biggest customers were ride-hailing companies, and with the pandemic, the company saw an increase in e-commerce and marketplace customers. 

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