Confirm.io, a Boston, MA-based identity authentication startup, raised $4.0m in funding.
The round, which closed in July but announced today, was led by Accomplice, Cava Capital, Rho and Zelkova Ventures with participation from some angel investors.
The company is using the funds to launch a suite of mobile ID verification and multi-factor authentication products.
Co-founded by Walter Doyle, Bob Geiman, and Ralph Rodriguez, Confirm.io has just launched its private beta, which enables developers to add secure ID verification into any application that requires or benefits from proof of identity. The API, which can be deployed quickly, will authenticate any government issued ID using advanced forensic checks from an image captured via a mobile camera. The verification process requires no human interaction or review.
The company’s roadmap now includes the development of a number of multi-factor identity authentication techniques that can be completed in real-time after a government ID has been verified.
Initial use cases include account creation and onboarding; P2P identity checks; fraud escalation, banking and legal transactions.
FinSMEs
21/01/2016