ID.me, a Mclean, VA-based provider of a secure digital identity network, raised $132M in Series D funding.
The round, which brings the total investment in the company to more than $240M since its founding in 2010, was led by Viking Global Investors with participation from CapitalG, Morgan Stanley Counterpoint, FTV Capital, PSP Growth, Auctus Investment Group, Moonshots Capital, and Scout Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Blake Hall, ID.me is an identity company that empowers consumers to easily access online services and benefits while controlling their personal data. It provides a secure login, identity proofing, and community affiliation verification solution for organizations across sectors. Its technology meets the federal standards for consumer authentication set by the Commerce Department and is approved as a NIST 800-63-3 IAL2 / AAL2 credential service provider by the Kantara Initiative.
More than 100 million members can use their ID.me Wallet to verify their identity across 30 states, 14 federal agencies, and over 500 name-brand retailers.
The company also announced the appointment of Samantha Greenberg as Chief Financial Officer. Greenberg brings to ID.me over 20 years of experience leading financial operations, analyzing private and public technology and consumer companies, and scaling high-growth businesses.
FinSMEs
11/04/2023