---
title: "About Truv — Open Finance Verification Platform | Truv"
category: Company
url: "https://truv.com/about-us"
description: "Learn about Truv, the open finance platform for real-time income, employment, and asset verification. Approved by Fannie Mae and Freddie Mac. Founded in 2020, backed by Kleiner Perkins and NYCA Partners."
---

# About Truv

Truv is an open finance platform that provides real-time, direct-to-source data to financial institutions, lenders, government agencies, and screeners, helping them make faster decisions, improve data accuracy, and save significantly over legacy solutions.

- **URL:** https://truv.com/about-us
- **Contact:** https://truv.com/contact-sales
- **Trust Portal:** https://trust.truv.com

## Our Mission

Truv gives financial institutions direct access to consumer-permissioned financial data sources, providing more complete, real-time, and reliable data for better decision-making.

- ~96% of the U.S. workforce
- 14,000+ financial institutions
- 99.9% document fraud detection
- 30 seconds average verification time

### Company facts

- **Founded:** 2020
- **Funding:** $28.5M from Kleiner Perkins, NYCA Partners, Abstract Ventures, Elefund, and other top VCs

## Why We Built Truv

### The Problem

Today's financial system still relies on fragmented, outdated, and costly legacy providers, limiting how well institutions understand consumers while driving up operational expense.

### The Unlock

It's not a process problem. It's a data access problem. Solving it requires direct access to the source, not better workarounds for the same fragmented systems.

### The Solution

One consumer-permissioned, multi-data source platform. Income, employment, asset, education, volunteer, and raw transaction data through a single platform, so institutions can make faster, more accurate decisions while expanding access for more consumers.

## Built as Infrastructure, Not Point Solutions

Truv connects fragmented financial data sources into a unified access layer. Institutions can retrieve the right data, from the right source, at the right time.

- **Multi-source data network:** Payroll, bank, tax, and insurance data in one platform.
- **Verification waterfall:** Routes each request to the fastest, most accurate source.
- **Unified API and integration layer:** One contract, one developer experience across every data source.
- **Decision-ready data:** Structured, normalized, and ready to feed underwriting and risk models.

## Founding Story

Truv was founded after experiencing firsthand how fragmented and unreliable financial data systems had become.

When applying for a loan, despite having a strong income, co-founder Kirill Klokov was denied by most institutions due to limited and outdated data. That experience led to a simple idea: financial decisions should be based on real, comprehensive data, not incomplete proxies.

We didn't set out to build another verification tool. We built a unified data layer for financial decision-making.

## Leadership

- **Kirill Klokov** — Co-Founder & CEO — https://www.linkedin.com/in/kirillklokov/
- **Ilya Chatsviorkin** — Co-Founder & CTO — https://www.linkedin.com/in/chetvil/
- **Darshana Shetty** — COO — https://www.linkedin.com/in/darshanashetty/
- **Drew Jacob** — CFO — https://www.linkedin.com/in/drew-jacob/

## Investors

Backed by builders who have shaped fintech:

- Kleiner Perkins
- NYCA Partners
- Abstract Ventures
- Elefund

## Core Values

- **Relentless Customer Focus.** We start with the customer and work backwards.
- **Transparency.** We answer direct questions with transparency.
- **Ownership.** We act as owners and stay accountable on behalf of the entire company.
- **Continuous Innovation.** We stay on top of our metrics so that we can make timely improvements.
- **Meritocracy.** We treat each other as equals and work with grit, passion, and precision.

## Recent News

- [Truv Teams Up with Fannie Mae to Revolutionize Borrower Verifications](https://truv.com/blog/truv-teams-up-with-fannie-mae-to-revolutionize-borrower-verifications)
- [Truv Joins Forces with Freddie Mac for Streamlined Verifications](https://truv.com/blog/freddie-mac-approved)
- [Truv's Integration with nCino's Mortgage Suite](https://truv.com/blog/truvs-integration-with-ncinos-mortgage-suite-enables-simple-income)

## Related Pages

- [Why Truv](https://truv.com/why-truv)
- [Income Verification](https://truv.com/products/income-verification)
- [Asset Verification](https://truv.com/mortgage-lending/asset-verification)
- [Document Verification](https://truv.com/mortgage-lending/income-document-verification)
- [Security and Privacy](https://truv.com/commitment-to-security-and-privacy)
- [Truv Trust Portal](https://trust.truv.com)
- [Contact Sales](https://truv.com/contact-sales)