What is Incode?
Incode Technologies is redefining the trust industry through its comprehensive, AI-powered identity verification and authentication platform. By providing a seamless, automated solution for onboarding, age verification, and AML compliance, the company addresses the complex security needs of modern enterprises. Incode's technology is designed to reduce fraud while simultaneously increasing conversion rates, offering a flexible and highly integrable architecture that serves diverse verticals including gaming, entertainment, and financial services. With its One Identity Everywhere vision, the firm is effectively bridging the gap between high-security requirements and user-centric digital experiences, positioning itself as a foundational player in the global digital identity market.
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 3L Capital, DILA Capital, Framework Ventures, FJ Labs, Walter Ventures, and DN Capital
Series B (2021): $220M supported by SoftBank and General Atlantic
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.
DN Capital
DN Capital is a global early-stage venture capital firm focusing on Seed, Series A, and select Series B opportunities across Software, AI, Fintech, and Consumer Internet.
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 companies.
What's next for Incode?
With the recent infusion of capital, Incode is well-positioned to accelerate its global expansion and deepen its technological moat. The company's strategic roadmap focuses on enhancing its automated AI capabilities to meet the evolving regulatory demands of the fintech and government sectors. By prioritizing the integration of its platform across new international markets, Incode aims to standardize trust protocols for the world's most innovative brands. Future growth will likely center on scaling its enterprise-level infrastructure, further refining its passwordless authentication suite, and maintaining its competitive edge in the high-stakes identity verification market.
See full Incode company page
