What is ID.me?
ID.me is a next-generation digital identity network designed to simplify the process of secure online identity verification for individuals. The platform allows consumers to verify their identity once and then seamlessly log in across multiple websites without the need to create new accounts or re-verify their credentials. This approach enhances user experience while maintaining robust security standards. The company operates within the rapidly evolving digital identity and cybersecurity sectors, addressing the growing demand for secure and convenient online authentication solutions. Its services are crucial for sectors requiring high levels of identity assurance, such as government services, financial institutions, and e-commerce platforms.
How much funding has ID.me raised?
ID.me has raised a total of $1.1B across 14 funding rounds:
Series A
$10M
Grant
$3.8M
Series B
$19M
Other Financing Round
$100M
Debt
$120M
Series D
$132M
Stock Offering
$67M
Debt
$275M
Other Financing Round
$340M
Series A (2014): $10M with participation from Kelly Perdew, USAA, Box Group, Blu Venture Investors, K Street Capital, and Silicon Valley Bank
Grant (2016): $3.8M led by National Institute of Standards and Technology
Series B (2017): $19M supported by FTV Capital
Other Financing Round (2021): $100M featuring CapitalG
Debt (2021): $120M backed by Fortress Investment Group
Series D (2023): $132M with participation from CapitalG Management, FTV Capital, Moonshots Capital, Scout Ventures, Viking Global Investors, Auctus Investment Group, and Morgan Stanley
Stock Issuance/Offering (2024): $67M led by Viking Global Investors, CapitalG Management, and Ribbit Capital
Debt (2025): $275M supported by Ares Management
Other Financing Round (2025): $340M featuring Moonshots Capital, Ares Capital, Ribbit Capital, and Positive Sum
Key Investors in ID.me
Viking Global Investors
Viking Global Investors is a global investment firm specializing in research-intensive, long-term focused investments using fundamental analysis to select public and private equity interests across industries and geographies.
CapitalG Management
CapitalG is Alphabet's independent growth fund that invests capital and expertise to support remarkable entrepreneurs and transformational companies in accelerating their growth. The fund focuses on growth-stage companies, providing significant capital and hands-on operational support.
Ribbit Capital
Ribbit Capital is a venture capital firm that invests globally in unique individuals and brands who are aiming to disrupt financial services. Headquartered in Palo Alto, Ribbit believes the category is profoundly under-innovated and is looking to support entrepreneurs who have already launched the businesses of the future.
What's next for ID.me?
With the recent influx of major strategic investment, ID.me is poised for accelerated growth and market penetration. The company is likely to focus on expanding its network of partners, enhancing its technological capabilities, and broadening its service offerings to meet the increasing demand for secure digital identity solutions. Future developments may include deeper integration with enterprise clients, further advancements in AI-driven verification processes, and potential expansion into new geographic markets. The company's sustained access to significant capital suggests a strategic focus on scaling operations and solidifying its leadership position in the digital identity landscape.
See full ID.me company page
