Company Name | Fund Raised | Led By | CEO/Co-Founder | Investors |
Identiq | $47M | Insight Partners &Entrée Capital | Itay Levy | 6+ |
Identiq is an identity verification network that works anonymously and ensures the validity of consumers and their payment details, identities, and other related information without exposing any of them. The platform raised $47M in funding and the round which made this possible was led by Entrée Capital and Insight Partners. They also welcomed the participation of Oryzn Capital, Sony Innovation Fund by IGV, Vertex Ventures Israel, Slow Ventures, and Amdocs.
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Itay Levy, the CEO of Identiq wishes to enhance their network growth and the quality of validation. His aim is to improve the customer experience without sharing any of their customer’s data. Identiq has also been able to fight fraudsters for a long with its verification network.