What is Incode?
Incode Technologies is at the forefront of revolutionizing the trust industry through advanced identity verification and authentication solutions. The company's proprietary AI-powered platform offers a fully automated approach to critical processes such as Onboarding (KYC, KYB, Age Verification), Passwordless Authentication, and Payment Verification (AML). By focusing on reducing fraud and increasing conversion rates while upholding the highest privacy and safety standards, Incode serves key sectors including Financial Services, Gaming, Hospitality, Government, and Entertainment. With a global presence and a vision for 'One Identity Everywhere,' Incode is partnering with leading brands to redefine trust in the digital age.
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, Walter Ventures, Framework Ventures, 3L Capital, DN Capital, and FJ Labs
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, life sciences, and technology. With dozens of portfolio companies worldwide and offices across the Americas, EMEA, and AsiaPacific, it partners with founders and management teams to accelerate growth, international expansion, and transformational initiatives.
SoftBank
SoftBank is a multinational conglomerate holding company that invests in technology, energy, and finance. It is known for its significant venture capital investments in technology startups globally, aiming to foster innovation and growth across various sectors.
DN Capital
DN Capital is a global early-stage venture capital firm founded in 2000, with offices in London, Berlin, and San Francisco. The firm focuses on investing in Seed, Series A, and select Series B opportunities across key sectors: Software, AI, Fintech, and Consumer Internet. With a strong commitment to supporting entrepreneurs, DN Capital leverages its extensive global network and financial expertise to help portfolio companies grow.
What's next for Incode?
The substantial enterprise-level funding and recent strategic investment signal Incode's readiness for accelerated global expansion and further technological innovation. As the company continues to scale its operations and enhance its AI capabilities, it is well-positioned to solidify its market leadership in identity verification. Future strategic initiatives will likely focus on deepening its penetration in existing verticals and exploring new market opportunities, leveraging its robust platform to meet the evolving demands for secure and seamless digital trust.
See full Incode company page
