Truework

What Truework does

Truework operates a unified Verification of Income, Employment, and Assets (VOIEA) platform that consolidates six verification methods — Instant Data (54M+ employee payroll records), Payroll Credentials, Bank Credentials (97% U.S. adult coverage), Tax Credentials, Smart Outreach, and Document Upload — into a single automated system. The core technical differentiator is a machine learning-based Smart Orchestration engine that dynamically routes each verification request to the optimal method based on data coverage, speed, completion likelihood, and cost, achieving a claimed 75%+ completion rate versus a roughly 48% industry average for manual waterfalls. A separate Verified Accuracy engine performs field-level validation, entity normalization, and anomaly detection across sources to deliver 99.95% accuracy with GSE-ready reports compliant with Fannie Mae Day 1 Certainty and Freddie Mac AIM guidelines.

Truework's primary customer base is U.S. mortgage lenders, including 8 of the top 10 mortgage originators and 20 of the top 25 U.S. mortgage lenders, with secondary use cases in banking, credit unions, property management, and employment verification. The company monetizes via a transparent flat-rate per-verification transaction model, with customers paying only for successfully completed reports. Distribution combines direct enterprise field sales targeting top lenders with an API-first strategy embedding verification into LOS (Encompass, Empower) and POS (Blend, nCino) workflows. Truework operates as a FCRA-compliant Consumer Reporting Agency with SOC 2 Type II, ISO 27001, NIST CSF, and CSA Star certifications, and holds a strategic minority investment from TransUnion alongside a $24M partnership (June 2023). In April 2025, Checkr, Inc. acquired Truework for approximately $480M, with Truework now operating as a subsidiary under Checkr Group, Inc. d.b.a. Truework.

Name

Truework

Legal name

Zethos, Inc. d.b.a. Truework

Website

https://truework.com

Company type

Private

Founded year

2017

Operating status

Acquired

Headcount range

101–250 employees

Short description

Truework operates a unified income, employment, and asset verification platform for U.S. mortgage lenders, using ML-based orchestration across six data sources to achieve 75%+ completion rates. Now a subsidiary of Checkr following its April 2025 acquisition.

Ownership category

akta.pro rank

Product category

Income & Employment Verification Software

NAICS

Credit Bureaus (561450)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)

akta.pro industry

PRIMARYFSALALAF

Income, Employment & Asset Verification (VOI/VOE/VOA)

Financial & Insurance/Mortgage & Housing Finance/Mortgage Technology, Underwriting & Valuation Services (LOS/AUS/Appraisal)

SECONDARYFSAKAKAE

Income, Employment & Cash-Flow Verification (Consumer)

Financial & Insurance/Lending & Consumer Finance/Credit Reporting, Scoring & Underwriting (Consumer)

SECONDARYFSAGACAE

Income & Employment Verification (VOI/VOE, payroll-linked data)

Financial & Insurance/Financial Technology (Fintech)/Open Banking & Data Aggregation

Keywords

• Income verification platform
• Employment verification services
• Mortgage verification software
• Verification orchestration
• VOIE platform

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Verification Services: Truework charges a transparent flat-rate fee per completed verification. Customers only pay for successful reports, making costs predictable and easy to manage. The pricing model is consumption-based tied to verification volume.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Truework operates a unified Verification of Income, Employment, and Assets (VOIEA) platform that consolidates multiple verification methods, including real-time payroll data, bank credentials, tax transcripts, employer outreach, and document parsing, into a single automated workflow. A machine learning-based Smart Orchestration engine dynamically routes each verification request to the fastest, most accurate, and most cost-effective data source, producing GSE-ready reports compliant with Fannie Mae and Freddie Mac guidelines for mortgage lenders, banks, and credit unions.

Product overview

Truework is a comprehensive integrated verification platform that consolidates all major income, employment, and asset verification methods into a single unified platform called the Truework VOIEA platform. The platform includes six core verification methods: Instant Data (real-time payroll covering 54M+ employees), Payroll Credentials, Bank Credentials (97% U.S. adults), Tax Credentials (IRS-verified), Smart Outreach (manual verification), and Document Upload. These are orchestrated through Smart Orchestration (ML-based routing), Verified Accuracy (data validation engine), and delivered as Unified Reports (GSE-ready). Truework integrates via LOS (Encompass, Empower), POS (Blend, nCino), and RESTful API. The platform claims 97% U.S. worker coverage and 75% completion rates versus ~48% industry average.

Differentiator

Problem solved

Functional benefit

Products and services

• Truework Platform (VOIEA) Unified Verification of Income, Employment, and Assets (VOIEA) platform that consolidates multiple verification methods into one automated system with ML-based Smart Orchestration, Verified Accuracy data validation, and GSE-ready reporting. Connects to payroll, tax, bank, and employer data sources covering 97% of U.S. workers with 75%+ completion rates.
• Truework Intelligence Automated income verification platform with new data methods and predictive modeling capabilities for mortgage lenders, providing analytical intelligence on top of the core VOIEA platform.
• Verification of Assets Asset verification solution including Supplemental Asset Reports that streamline pre-closing verification, allowing lenders to verify borrower assets without manual documentation.

Quantifiable outcome

• 75%+ verification completion rate (vs ~48% industry average)
• +8 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability5 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Blend LabscoreTechnology or Integration · 12 February 2026Blend Labs expanded its Verification of Income and Employment capabilities through a partnership with Truework, adding Smart Outreach for non-instant verifications and Supplemental Asset Reports. These enhancements help lenders satisfy pre-closing employment verification guidelines without manual documentation, with 55% of verification reports completed in under 24 hours.
• Blend LabscoreTechnology or Integration · 12 February 2026Partnership with Blend Labs adds Truework's Smart Outreach manual solution for non-instant verifications and Supplemental Asset Reports to Blend's Verification of Assets solution, helping lenders streamline mortgage lending operations.
• CheckrcoreOthers · 17 April 2025Checkr, Inc. acquired Truework in April 2025 in a deal involving its AI and automation technology. Truework operates under Checkr Group, Inc. d.b.a Truework. Checkr is valued at approximately $5 billion and focuses on background check solutions. The acquisition combines Checkr's leadership in background screening with Truework's innovation in income and employment verification.
• TransUnioncoreStrategic or Co-development Partner · 15 June 2023TransUnion acquired a $24 million minority stake in Truework to establish a strategic partnership aimed at enhancing income and employment verification services for mortgage lenders. The partnership positions TransUnion to compete with Equifax's verification service. Truework remains relied upon by 20 of the top 25 U.S. mortgage lenders.

Scale indicators14 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Equifax Workforce Solutions (The Work Number): Equifax's The Work Number is the incumbent automated income and employment verification database used across U.S. mortgage lending. It is the most direct competitor to Truework's verification product, with established enterprise distribution and CRA infrastructure.
• Experian Verify: Experian's verification service provides income and employment verification to mortgage lenders and HR customers. It directly competes with Truework's VOIE platform and is bundled with Experian's broader credit bureau offerings.
• TransUnion (Income & Employment Verification): TransUnion offers verification services to mortgage lenders and is both a competitor and strategic investor in Truework. It competes directly with Truework and Equifax in lender-facing income/employment verification workflows.
• Plaid: Plaid provides bank-data connectivity used by lenders for asset and income verification (including Income Source Insights). Its lender product competes with Truework's Bank Credentials and asset verification capabilities.
• Yardi: Yardi provides tenant screening and income verification for property managers and landlords. It competes with Truework's Property Management / Tenant Screening use case, particularly for rental application verification.

Emerging players

• Argyle: Argyle offers a payroll-data connectivity platform used for income verification, particularly for gig and shift workers. It overlaps with Truework's Instant Data and Payroll Credentials on the lender side but focuses on the underlying payroll connectivity layer.
• Pinwheel: Pinwheel provides payroll-linked APIs for income and employment verification, including gig-worker data. It competes with Truework on the data-source layer and is increasingly moving up into lender-facing VOIE workflows.
• DataVerify (and Mortgage Credit Industry): DataVerify / Mortgage Credit Industry provides verification and fraud tools for mortgage lenders. It overlaps with Truework's mortgage VOIE offering and competes in the same lender procurement cycles.

Broad incumbents

• Checkr: Checkr is Truework's parent company (acquired in April 2025) and the leading background-screening platform. It is comparable as a HR/lending data infrastructure business and as a distribution vehicle for Truework's verification product.
• Blend Labs: Blend is a mortgage POS platform that integrates with Truework and also offers verification products via partnerships. It is a channel partner and partial competitor in lender-facing verification and POS workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/trueworkhq
• Xx.com/truework

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds6 records

Investors25 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Truework