What is ID.me?
ID.me operates as a next-generation digital identity network, enabling individuals to verify their identity once and then seamlessly log in across various websites. This eliminates the need for users to create new credentials or re-verify their identity repeatedly. The company's platform is designed to enhance online security and user experience by providing a trusted digital identity solution for consumers and businesses alike. Its focus on secure, one-time verification positions it as a key player in the digital identity verification market, addressing critical needs for privacy and convenience in an increasingly online world.
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 K Street Capital, USAA, Blu Venture Investors, Kelly Perdew, Box Group, 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 FTV Capital, Auctus Investment Group, Morgan Stanley, Moonshots Capital, Viking Global Investors, CapitalG, and Scout Ventures
Stock Issuance/Offering (2024): $67M led by CapitalG, Ribbit Capital, and Viking Global Investors
Debt (2025): $275M supported by Ares Management
Other Financing Round (2025): $340M featuring Ribbit Capital, Ares Capital, Positive Sum, and Moonshots Capital
Key Investors in ID.me
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. The company was founded in 2012.
Ares Capital
Ares Capital Corporation is a leading publicly traded business development company that provides financing solutions to middle-market companies in the United States. The company specializes in direct lending, offering senior secured loans, mezzanine debt, and equity investments to support acquisitions, growth initiatives, recapitalizations, and refinancing transactions. Ares Capital partners with private equity sponsors and management teams across diverse industries including healthcare, business services, software, and manufacturing, emphasizing rigorous credit underwriting and active portfolio management to generate income and capital appreciation for shareholders.
Moonshots Capital
Moonshots Capital, with offices in Los Angeles and Austin, was founded by a team of military veterans in 2017. They have collectively founded and operated 15 companies, and have personally invested in over 85 ventures. Beyond capital, they deploy their military and entrepreneurial experience and network to help world-changing companies grow.
What's next for ID.me?
With significant enterprise-level funding and a recent major strategic investment, ID.me is poised for accelerated growth and expansion. The company is likely to leverage this capital to enhance its platform capabilities, broaden its user base, and forge new partnerships. Future developments may include expanding into new markets, further integrating advanced security technologies, and solidifying its position as a leader in the digital identity space. The ongoing investment suggests a strong trajectory for scaling operations and reinforcing its competitive advantage.
See full ID.me company page