Company Information

Get to know Trupo

Founded by Sara Horowitz, also the founder of the Freelancers Union, Trupo was launched to address the lack of a traditional benefits safety net for the growing independent workforce. The company aimed to provide freelancers, consultants, and gig workers with access to affordable and portable benefits, including short-term disability, accident, and critical illness insurance. Trupo operated on a state-by-state basis due to insurance regulations. Despite raising seed funding and forming partnerships, the company announced it was ceasing operations in late 2020, citing the challenges of building a sustainable business in the complex US insurance market.

Industry

Financial InsurancePRIMARY
Financial Other Service
Technology Software Development

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Trupo

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.