What is AU10TIX?
AU10TIX operates as the global identity intelligence leader, dedicated to combating fraud and fostering a secure, inclusive digital world. The company specializes in providing essential, modular solutions that verify and link physical and digital identities, enabling businesses and their customers to engage with confidence. Over the past decade, AU10TIX has established itself as the preferred partner for major global brands seeking automated customer onboarding and verification. Its proprietary technology delivers results in under eight seconds, facilitating faster customer acquisition while simultaneously preventing fraud, ensuring compliance, and promoting trust and safety. AU10TIX is a subsidiary of ICTS International N.V. (OTCQB: ICTSF).
How much funding has AU10TIX raised?
AU10TIX has raised a total of $80M across 2 funding rounds:
Private Equity
$60M
Private Equity
$20M
Private Equity (2019): $60M with participation from TPG Capital
Private Equity (2019): $20M led by Oak HC/FT
Key Investors in AU10TIX
Oak HC/FT
Oak HC/FT is a premier venture growth-equity fund established in 2014, focusing on Healthcare Information & Services and Financial Services Technology. With substantial assets under management, they aim to drive industry transformation by providing strategic counsel and access to their extensive network.
TPG Capital
TPG is a global investment firm managing alternative assets and supporting business growth across diverse industries, including private equity, credit, and real estate. They are recognized for their collaborative approach and ability to build long-term value through diversified investment strategies.
What's next for AU10TIX?
The recent major strategic investment in AU10TIX signals a pivotal phase for the company, likely aimed at accelerating its expansion into new markets and enhancing its technological capabilities. This capital infusion is expected to bolster its efforts in developing cutting-edge identity verification solutions, further solidifying its leadership in the fight against digital fraud. AU10TIX's focus on speed and security positions it to capitalize on the increasing global demand for reliable identity management systems, particularly as regulatory requirements and cyber threats continue to evolve.
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