Financials

Estimates*

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Revenues, earnings & profits over time
EUR201620172018201920202021
Revenues-<1m<1m1.9m5.6m8.5m
% growth--408 %125 %195 %52 %
EBITDA(<1m)(3.5m)(2.9m)(3.5m)(<1m)(2.2m)
% EBITDA margin-(2124 %)(342 %)(187 %)(13 %)(26 %)
Profit(<1m)(3.5m)(2.1m)(3.5m)(<1m)(2.4m)
% profit margin-(2130 %)(243 %)(185 %)(9 %)(28 %)
R&D budget--<1m-4.0m-
R&D % of revenue--83 %-71 %-

Source: Dealroom estimates

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DateInvestorsAmountRound
N/A

$8.0m

Seed
N/A

N/A

-

N/A

Early VC

N/A

Acquisition
Total FundingCAD10.9m

Recent News about TruNarrative

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More about TruNarrativeinfo icon
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TruNarrative operates in the RegTech (Regulatory Technology) sector, providing a comprehensive platform designed to streamline fraud detection, identity verification, electronic Know Your Customer (eKYC), and Anti-Money Laundering (AML) compliance. The platform serves a diverse range of clients, including financial institutions, banks, and businesses that require stringent compliance measures. TruNarrative's business model revolves around offering a subscription-based service, where clients pay for access to its suite of tools and services. The company generates revenue through these subscriptions, as well as through customized solutions and support services. By integrating multiple compliance and verification processes into a single, easy-to-configure environment, TruNarrative helps its clients reduce risk, ensure regulatory compliance, and enhance operational efficiency. The platform's API, TruREST, allows seamless integration with various web programming languages and clients, making it highly adaptable to different business needs. The company's leadership team, with extensive industry expertise, drives its growth and innovation, positioning TruNarrative as a key player in the RegTech market.

Keywords: RegTech, fraud detection, identity verification, eKYC, AML compliance, subscription service, financial institutions, API integration, regulatory compliance, operational efficiency.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.