What is Jumio?
Founded in 2010 and headquartered in Palo Alto, California, Jumio has established itself as a leader in online mobile payments and identity verification. The company provides sophisticated card and ID scanning and validation products, marketed as Netverify Trusted Identity as a Service. By facilitating secure mobile and web transactions, Jumio addresses the critical need for trust in digital commerce. Its platform is designed to mitigate fraud while streamlining the user experience, making it an essential component for enterprises operating in regulated environments. The company's market position is defined by its ability to integrate seamlessly into existing workflows, providing a scalable solution for identity proofing and compliance.
How much funding has Jumio raised?
Jumio has raised a total of $202.8M across 7 funding rounds:
Private Equity
$1.4M
Private Equity
$752K
Series A
$6.5M
Series B
$25.5M
Debt
$3.7M
Private Equity
$15M
Private Equity
$150M
Private Equity (2010): $1.4M, investors not publicly disclosed
Private Equity (2011): $752K, investors not publicly disclosed
Series A (2011): $6.5M, investors not publicly disclosed
Series B (2012): $25.5M featuring Kishore Ganji and Andreessen Horowitz
Debt (2016): $3.7M, investors not publicly disclosed
Private Equity (2016): $15M with participation from Millennium Technology Value Partners
Private Equity (2021): $150M led by Great Hill Partners
Key Investors in Jumio
Andreessen Horowitz
A prominent venture capital firm that invests in software-eating-the-world companies, providing early-stage and growth-stage support to transformative technology businesses.
Millennium Technology Value Partners
A full lifecycle partner for generational technology companies, providing flexible capital solutions including structured equity and liquidity solutions throughout their growth journey.
Great Hill Partners
A Boston-based private equity firm focused on financing the acquisition, recapitalization, and expansion of growth companies within the financial technology and software sectors.
What's next for Jumio?
Looking ahead, the recent capital influx positions Jumio to accelerate its product development and expand its global footprint. As the demand for secure, automated identity verification continues to rise, the company is well-positioned to capitalize on emerging trends in digital transformation and regulatory compliance. Strategic priorities likely include enhancing its AI-driven verification capabilities and deepening its penetration into key international markets. By maintaining a focus on innovation and operational excellence, Jumio is poised to sustain its growth momentum and further solidify its status as a cornerstone of the digital identity ecosystem.
See full Jumio company page
