ID.me, a McLean, VA-based federally accredited digital identity company, secured a $19m Series B funding.
The round was led by FTV Capital. As part of the transaction, FTV Capital partner Liron Gitig will join the company’s board of directors.
The company intends to use the funds to further invest in sales, marketing and product development.
Led by Blake Hall, CEO and founder, ID.me provides an Identity Gateway that allows individuals to tie their legal identity to a digital login that is accepted across multiple websites, eliminating the need to create a new login or to verify identity at each site directly.
The Identity Gateway verifies identity by remotely checking government issued identity documents with machine vision, mobile network operator (MNO) data, authoritative government and commercial databases, along with device identity and fraud algorithms.
The company currently provides Identity-as-a-Service to over 200 organizations, including Veterans Affairs, State of Maine, Fanatics, Under Armour and USAA.
FinSMEs
08/03/2017