Trustii Raises $2.8 Million to Accelerate Expansion in People Risk Management
Trustii, a Montreal-based technology company, has successfully closed a $2.8 million funding round, marking a significant milestone in its journey to revolutionize people risk management. This funding, led by AQC Capital and Accelia Capital, positions Trustii to strengthen its Horizon platform and expand across North America.
A Game-Changer in People Risk Management
Trustii’s Horizon platform is redefining personnel risk management by providing organizations with proactive alerts and real-time data, enabling them to identify and mitigate risks before they escalate. The platform integrates AI with continuous risk assessment, ensuring companies can stay one step ahead of potential threats, such as fraud or non-compliance.
Simon Verville, COO of Trustii, emphasizes the importance of addressing human risks within organizations:
“Horizon represents a new market category, moving beyond simple background checks to automate people risk management processes. It acts as a sentinel for HR, risk, and compliance professionals by producing risk scores, identifying anomalies, and proactively managing potential issues.”
This proactive approach allows businesses to manage human-related risks efficiently and create safer environments, ultimately minimizing the risk of misconduct.
Building on Success with New Funding
The recent funding round is a pivotal moment for Trustii. Led by AQC Capital and Accelia Capital, the $2.8 million investment will help fuel Trustii’s expansion across North America. Horizon has already been widely adopted by top Canadian property management companies, as well as HR, compliance, and risk management teams in various industries. With this new capital, Trustii is ready to grow its footprint even further.
Jean-Simon Gaboury, CEO of Trustii, reflects on this milestone:
“This funding round provides strong support for us to continue innovating in the risk management sector. With Horizon, businesses will have all the tools they need to minimize personnel-related risks that could have major repercussions.”
The Horizon Platform: A Sentinel for Risk Management
Trustii’s Horizon platform is linked to its Verif background check system, automating internal procedures and ensuring compliance with organizational policies. It allows managers to create custom risk profiles based on specific job roles, empowering organizations to address risks such as financial distress among employees, which can make them vulnerable to fraud or misconduct.
By providing an overview of risks and automating verification processes, Horizon helps businesses stay compliant while safeguarding their interests. With AI at its core, the platform analyzes data and generates risk scores, offering valuable insights that help organizations navigate complex personnel challenges.
Unique Leadership Driving Innovation
Trustii’s leadership team brings a diverse range of expertise to the table. Jean-Simon Gaboury, a former military PSYOP officer, founded Trustii in 2021, infusing the company with a unique perspective on people risk management. The team also includes Simon Verville, COO, a seasoned entrepreneur, and Julien Cousineau, Chairman and CEO of Flinks, a leader in open banking. This combination of expertise has been instrumental in shaping Trustii’s mission to transform the industry.
With their deep understanding of human risk factors and cutting-edge technology, the team is committed to providing organizations with the tools they need to manage people-related risks effectively.
The Road Ahead for Trustii
Trustii’s Horizon platform has already set a new standard in personnel risk management, and with the $2.8 million funding, the company is well-positioned to expand its reach and continue innovating. By focusing on people risk before implementing cybersecurity measures, Trustii addresses the critical need to protect internal systems from human vulnerabilities.
With exclusive partnerships with police departments and other data sources, Trustii offers unmatched timeframes for background checks and a seamless integration of risk management solutions into corporate environments.
Conclusion
Trustii’s recent funding round is a testament to the growing demand for innovative solutions in people risk management. With its Horizon platform, Trustii is not only helping companies mitigate risks but also shaping the future of workforce safety and compliance. As the company expands across North America, Trustii’s influence in the risk management sector is poised to grow, offering organizations the tools they need to navigate today’s complex corporate landscape.