What is Identiq?
Founded in 2018 and headquartered in Tel Aviv, Israel, Identiq offers a unique identity-validation solution. It operates a completely anonymous distributed network that enables members to validate new users and vouch for existing ones. This innovative approach addresses critical needs for trust and security in digital interactions without compromising user privacy. The company's technology is designed to facilitate secure and efficient user onboarding and verification processes across various industries.
How much funding has Identiq raised?
Identiq has raised a total of $52M across 2 funding rounds:
Angel/Seed
$5M
Series A
$47M
Angel/Seed (2019): $5M with participation from Oryzn Capital, Slow Ventures, Vertex Ventures Israel, and Entree Capital
Series A (2021): $47M led by Oryzn Capital, Vertex Ventures, Insight Partners, Sony Innovation Fund, Entree Capital, Amdocs, and Slow Ventures
Key Investors in Identiq
Oryzn Capital
Oryzn Capital is an investment firm that has participated in multiple funding rounds for Identiq, indicating a sustained belief in the company's vision and technology.
Vertex Ventures
Vertex Ventures is an early-stage venture capital firm focused on B2B software, supporting founders in creating a smarter digital economy. They provide operational insights and facilitate connections to enhance portfolio company growth.
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software companies. They offer extensive operational support and resources to help their portfolio companies scale effectively.
What's next for Identiq?
With the recent infusion of $47M in a major strategic investment, Identiq is poised for accelerated growth and further innovation. This capital injection is expected to fuel the expansion of its anonymous distributed network, enhance its core identity-validation technology, and broaden its market reach. The company's focus on privacy-preserving identity solutions positions it to capitalize on the increasing demand for secure and trustworthy digital interactions, suggesting a strategic push towards scaling its operations and solidifying its market leadership.
See full Identiq company page
