What is IDnow?
IDnow is at the forefront of digital identity solutions, empowering businesses to create secure, seamless, and robust digital experiences. The company specializes in protecting customers against identity theft, signature forgery, and other forms of fraud through advanced identity verification technologies. By focusing on future-oriented solutions that balance speed, security, and usability, IDnow is a key player in shaping the digital identity landscape.
How much funding has IDnow raised?
IDnow has raised a total of $120M across 3 funding rounds:
Series C
$40M
Debt
$18.1M
Debt
$61.8M
Series C (2019): $40M with participation from Corsair Capital LLC
Debt (2020): $18.2M led by European Investment Bank
Debt (2022): $61.8M supported by BlackRock
Key Investors in IDnow
BlackRock
BlackRock is a global investment management firm headquartered in New York City with operations across North America, Europe, Asia, and other regions. Founded in 1988, the company offers a comprehensive range of investment products and services including mutual funds, exchange-traded funds (ETFs), and alternative investments.
European Investment Bank
Established in 1958 and headquartered in Luxembourg, European Investment Bank (EIB) is the European Union's nonprofit long-term lending and finance institution.
Corsair Capital LLC
Corsair Capital LLC is an investment firm that focuses on the financial services industry.
What's next for IDnow?
With its recent major strategic investment, IDnow is poised for accelerated growth and innovation. The company is likely to leverage this capital to expand its market reach, enhance its technological capabilities, and further solidify its position as a leader in the digital identity verification space. This strategic backing suggests a focus on scaling operations and potentially exploring new product development to address evolving market demands for secure and efficient digital identity solutions.
See full IDnow company page
