How Much Did Footprint Raise?
Funding & Key Investors

Footprint has successfully secured a significant capital infusion, marking a pivotal moment in its trajectory as it scales its identity and security infrastructure. The company, which recently closed a major strategic investment, has now reached a cumulative total of $19M in backing. This latest injection of $13M underscores the market's confidence in the firm's ability to solve complex authentication and fraud challenges through its streamlined, five-line code integration model.

What is Footprint?

Footprint
SoftwareSecurity Software

Footprint is positioning itself as the foundational identity layer for the internet. By consolidating identity verification, security protocols, fraud detection, and authentication into a single, developer-friendly interface, the company addresses the friction inherent in modern digital onboarding. Its market position is defined by its ability to replace fragmented legacy systems with a unified, high-performance architecture that supports enterprise-level security requirements while maintaining a seamless user experience.

How much funding has Footprint raised?

Footprint has raised a total of $44M across 2 funding rounds:

2022

Angel/Seed

$6M

2024

Series A

$13M

Angel/Seed (2022): $6M with participation from Lattice, Index Ventures, JumpCloud, Ramp, Moonpay, and Kayak

Series A (2024): $13M led by Lerer Hippeau Ventures, QED Investors, and Boxgroup Ventures

Key Investors in Footprint

Lerer Hippeau Ventures

Lerer Hippeau is a venture capital firm focused on investing in innovative startups, particularly in the early stages such as Seed and Pre-Seed rounds. They aim to support founders with great ideas who are willing to tackle challenging problems, fostering long-term success through their expertise as former operators.

QED Investors

QED Investors is a global leading boutique venture capital firm focused on investing in early stage, disruptive financial services companies. They utilize a unique, hands-on approach that leverages decades of entrepreneurial and operational experience to help companies achieve breakthrough growth.

Boxgroup Ventures

BoxGroup is an early stage investment fund that focuses on technology companies across various sectors including climate, fintech, and software. The firm invests in solo founders and innovative ideas, supporting ventures that range from developer tools to marketplaces and frontier tech.

What's next for Footprint?

With the recent influx of capital, Footprint is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise sector. The company is expected to leverage this strategic investment to deepen its technical capabilities, focusing on enhancing its fraud detection algorithms and broadening its authentication suite. As the digital landscape continues to demand more robust security, Footprint's focus on simplifying the identity stack will likely drive further adoption among organizations seeking to optimize their security operations and reduce operational overhead.

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Frequently Asked Questions Regarding Footprint Financial Insights

What are the most recent funding rounds that Footprint has completed, and what were the funding rounds?
Footprint has recently completed 2 funding rounds: Series A on May 21, 2024, Angel/Seed on Aug 3, 2022.
What is the total amount of funding Footprint has raised to date?
Footprint has raised a total of $44M in funding to date.
How many funding rounds has Footprint completed?
Footprint has completed 2 funding rounds.
How much funding did Footprint raise in its most recent funding round?
Footprint raised $13M in its most recent funding round.
Who are the lead investors in Footprint's latest funding round?
The lead investor in Footprint's latest funding round was Lerer Hippeau Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Footprint's history?
The largest funding round in Footprint's history was $13M.
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