Quild #46: Truv
Income and employment verification
This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.
Truv is a one-stop solution powering income and employment verification for the US workforce. It integrates with 50+ payroll providers and 9,200 directly with employers (10X industry average). Its coverage includes 120M working Americans, 96% of Fortune 1000 companies, 95% of the Federal Government, and 83% of the largest US private organizations.
Founders: Kirill (CEO), Ilya (CTO)
Signals:
Venture-backed experience
Kirill built products at Carta (funded by Menlo, a16z, Lightspeed, etc.) for 2 years
Top company alumni
Ilya was a machine learning engineer at Apple for 6 years
Top university alumni
Kirill graduated from Stanford University (MBA)
Fast team growth
Grew 1.8x YoY to 31 employees
Accelerated financing
Founded Jun 2020, announced seed in Feb 2021, series A in Mar 2022
Midas list investors
Kleiner Perkins led series A
Till tomorrow, Kenn