Onfido is a United Kingdom-based startup established in 2012 with the slogan "Simplifying identity for everyone." The company specializes in simplifying digital identity verification, offering the Real Identity Platform, which enables businesses to customize verification methods to individual user and market needs. Onfido's Atlas™ AI powers the platform, enabling fully-automated, end-to-end identity verification. The company received a significant $100.00M Series D investment on 15 April 2020 from a group of prominent investors, including Crane Venture Partners, IDInvest Partners, M12, Salesforce Ventures, Tuesday Capital, Talis Capital, TPG Growth, and Acequia Capital (AceCap). Onfido caters to various industries, primarily focusing on Fintech and Information Technology.
Onfido's Real Identity Platform offers a no-code, orchestration layer that combines document and biometric verifications, trusted data sources, and passive fraud signals to meet business' risk, friction, and regulatory requirements. The company's AI technology has been developed in-house for over 10 years, ensuring fair, fast, and accurate analysis. Overall, Onfido's innovative approach to digital identity verification positions it as a key player in the rapidly evolving fintech and information technology sectors, attracting substantial investment from industry-leading venture capital firms.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | $100.00M | 9 | TPG Growth, Acequia Capital (AceCap) | 15 Apr 2020 |
Series C | £28.17M | 10 | 03 Apr 2019 | |
Series C | £19.00M | 10 | Taavet Hinrikus, Khaled Helioui +3 | 27 Sep 2017 |
Series C | Unknown | 1 | Acequia Capital (AceCap) | 19 Jun 2017 |
Non Equity Assistance | Unknown | 1 | 22 Feb 2017 |
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