What is iProov?
iProov is a prominent provider of online biometric identity authentication solutions. The company's technology is applied across a range of critical use cases, including customer onboarding, robust ID verification, secure border control, strong customer authentication (SCA) compliance, and access control systems. Headquartered in London, United Kingdom, iProov's focus on secure and user-friendly identity assurance addresses a growing global demand for trusted digital interactions.
How much funding has iProov raised?
iProov has raised a total of $70M across 1 funding round:
Private Equity
$70M
Private Equity (2022): $70M with participation from Sumeru
Key Investors in iProov
Sumeru
Sumeru Equity Partners is a technology-focused growth capital firm that invests in companies across software, technology-enabled services, and hardware, typically investing $25-200 million per transaction. The firm has a longstanding history of investing and partnering with founders and management teams to build growth leaders.
What's next for iProov?
The substantial enterprise-level funding and recent strategic investment indicate a strong growth trajectory for iProov. This capital infusion is likely to fuel further technological development, expansion into new markets, and enhancement of its global sales and support infrastructure. The company is well-positioned to capitalize on the increasing need for secure and scalable identity verification solutions in an increasingly digital world.
See full iProov company page
