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Trunomi Raises $3 Million to Solve KYC Challenges

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Trunomi, a startup that uses consent-based data-sharing to streamline customer-verification for banks, announced a $3 million raise today.

Saturn Partners led the round. Fenway Summer, Persistent Ventures, and SenaHill Partners also participated. This lineup of investors also contributed to Trunomi’s $2.3 million Angel round in 2014, bringing its total funding to $5.3 million.

Trunomi, which launched about a year ago, plans to use the funds to progress its technology.

Here’s the company’s live debut of TruMobile at FinovateEurope this year: