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TrueFace - About the company

TrueFace is an acquired company based in Las Vegas (United States), founded in 2013 by Nezare Chafni and Shaun Moore. It operates as a Platform offering solutions for face recognition. TrueFace has raised $3.74M in funding from investors like Scout Ventures, 500 Global and GSV Labs. The company has 2234 active competitors, including 396 funded and 237 that have exited. Its top competitors include companies like Kairos, BitGo and Evrotrust.

Company Details

Platform offering solutions for face recognition. The platform leverages machine learning and AI to analyze camera data and convert it into information. Its solutions include APIs for face detection, face recognition, spoof detection, and more, which can be implemented on the existing systems. It also provides face biometrics solutions.
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Email ID
*****@trueface.ai
Key Metrics
Founded Year
2013
Location
Las Vegas, United States
Stage
Acquired
Total Funding
$3.74M in 5 rounds
Latest Funding Round
Ranked
Employee Count
7 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Pangiam (Jun 02, 2021)

TrueFace's acquisition details

TrueFace got acquired by Pangiam on Jun 02, 2021.
Click here to take a look at TrueFace's acquisition in detail
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TrueFace's funding and investors

TrueFace has raised a total funding of $3.74M over 5 rounds. Its latest funding round was a Series A round on Jul 31, 2019 for $*****. 3 investors participated in its latest round. TrueFace has 12 institutional investors.

Here is the list of recent funding rounds of TrueFace:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 31, 2019
8937198
Series A
6392512
6444302
5518720
8278282
Aug 08, 2017
4737428
Seed
4176241
8781702
3366318
2758657
Jun 2017
2540249
Seed
6356111
9661617
1491991
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TrueFace's founders and board of directors

Founder? Claim Profile
The founders of TrueFace are Nezare Chafni and Shaun Moore.
Here are the details of TrueFace's key team members:

TrueFace's employee count trend

TrueFace has 7 employees as of Apr 26. Here is TrueFace's employee count trend over the years:
Employee count trend for TrueFace
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TrueFace's Competitors and alternates

Top competitors of TrueFace include Kairos, BitGo and Evrotrust. Here is the list of Top 10 competitors of TrueFace, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kairos
Kairos
2011, Miami (United States), Series A
Provider of AI-powered identity verification, document authentication, and biometric solutions
$19.6M
74/100
2nd
Logo for BitGo
BitGo
2013, Palo Alto (United States), Public
Platform that offers crypto based financial services
$170M
73/100
3rd
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
4th
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Provider of digital identity verification and automated age assurance technology
$210M
71/100
5th
Logo for Clear
Clear
2010, New York City (United States), Public
Provider of expedited identity verification services for airport security and more
$135M
71/100
6th
Logo for iProov
iProov
2011, London (United Kingdom), Series B
Platform offering digital identity verification services
$85.1M
70/100
7th
Logo for Mantra Softech
Mantra Softech
2006, Ahmedabad (India), Series A
Biometrics-based security and surveillance solutions
$14.2M
70/100
8th
Logo for HYPR
HYPR
2014, New York City (United States), Series D
Provider of passwordless multi-factor authentication, identity verification, and risk management
$131M
69/100
9th
Logo for Microblink
Microblink
2013, London (United Kingdom), Series A
Platform offering card scanning apps-based consumer payments
$60M
69/100
10th
Logo for 1Kosmos
1Kosmos
2018, Edison (United States), Series B
Block-chain-based passwordless authentication for customers
$62M
68/100
146th
Logo for TrueFace
TrueFace
2013, Las Vegas (United States), Acquired
Platform offering solutions for face recognition
$3.74M
47/100
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TrueFace's Investments and acquisitions

TrueFace has made no investments or acquisitions yet.

News related to TrueFace

lockFilter this list
Trueface overhauls face biometrics SDKBiometricUpdate.comMar 28, 2022TrueFace
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