Airbnb to buy Indians-backed background verification company, Trooly

0
543

Trooly helps in proactively identifying potentially highest value, lowest risk recruits at a cost of $1 per query.

Trooly, the back ground verification company founded by three Indians – Savi Baveja, Anish Das Sarma and Nilesh Dalvi – is now all set to be acquired by its client, Airbnb.

Trooly uses public and permissible digital footprints to understand and predict the trustworthiness of individuals and businesses. Its Instant Trust ratings evaluate multiple dimensions of trust – mining real-time data to evaluate identity, personality and behavior. It uses minimal and non-intrusive identity information as input, and provides screening for undesirable past behaviors, and, by using robust machine learning, it predicts the likely future behaviors.

The patented platform and techniques ensure that the results are much more accurate, cost-effective and free of bias than old school background checks, credit scores and risk management tools.

It costs less than $1 per query, with ratings and supporting evidence returned in roughly 30 seconds.

Airbnb spokesman Tim Rathschmidt said, “We look forward to welcoming the Trooly team to Airbnb in the coming weeks.”

Trooly was founded in 2014 by Dalvi, Sarma and Baveja and is based in California. Dalvi and Sarma are both IITians and Baveja worked with Bain & Company. Last year, it raised $10 million in its first round of financing, led by Bain Capital Ventures and Milliways Ventures.

Comment on the Article

Please enter your comment!
Please enter your name here

sixteen − 5 =