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:

  1. Venture-backed experience

    1. Kirill built products at Carta (funded by Menlo, a16z, Lightspeed, etc.) for 2 years

  2. Top company alumni

    1. Ilya was a machine learning engineer at Apple for 6 years

  3. Top university alumni

    1. Kirill graduated from Stanford University (MBA)

  4. Fast team growth

    1. Grew 1.8x YoY to 31 employees

  5. Accelerated financing

    1. Founded Jun 2020, announced seed in Feb 2021, series A in Mar 2022

  6. Midas list investors

    1. Kleiner Perkins led series A

Till tomorrow, Kenn

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