What is Incode?
Incode Technologies is fundamentally reshaping the trust industry through its comprehensive, automated AI-powered platform. The company specializes in solving complex onboarding challenges, including Know Your Customer (KYC), Know Your Business (KYB), and age verification, while simultaneously providing robust passwordless authentication and payment verification services. By integrating these high-stakes security functions into a single, flexible architecture, Incode enables organizations to reduce fraud and enhance conversion rates. Its One Identity Everywhere vision serves as the cornerstone of its market strategy, positioning the firm as a vital partner for innovative brands seeking to balance stringent privacy standards with seamless user experiences across diverse digital verticals.
How much funding has Incode raised?
Incode has raised a total of $255M across 3 funding rounds:
Angel/Seed
$10M
Series A
$25M
Series B
$220M
Angel/Seed (2019): $10M with participation from Undisclosed
Series A (2021): $25M led by DILA Capital, Framework Ventures, Walter Ventures, FJ Labs, 3L Capital, and DN Capital
Series B (2021): $220M supported by General Atlantic and SoftBank
Key Investors in Incode
General Atlantic
General Atlantic is a global growth equity firm that provides capital and strategic support to high-growth companies in sectors such as consumer, financial services, healthcare, and technology.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses with a portfolio that includes numerous unicorn-status startups.
3L Capital
3L Growth Equity partners with visionary entrepreneurs to fuel company growth and innovation, supporting market leaders across technology and healthcare sectors.
What's next for Incode?
With the successful completion of its latest funding round, Incode is well-positioned to accelerate its global expansion and deepen its technological moat. The company's strategic roadmap focuses on enhancing its AI capabilities to stay ahead of evolving fraud vectors while expanding its footprint in key international markets. As the demand for secure, frictionless identity verification continues to surge, Incode is expected to leverage its substantial capital reserves to pursue aggressive product development and strategic partnerships. This growth trajectory suggests a continued focus on scaling its enterprise-grade solutions, ensuring that the firm remains at the forefront of the digital trust economy as it transitions into its next phase of maturity.
See full Incode company page
