What is Loqr?
Founded in 2015 and headquartered in Braga, Loqr specializes in sophisticated digital enrollment experiences that maintain consistency across diverse service applications and delivery channels. The company addresses the critical friction points in customer onboarding, offering a suite of tools that range from basic registration to comprehensive, personalized validation services. By balancing ease of use with rigorous transactional security, Loqr enables businesses to engage new clients promptly while ensuring compliance with evolving regulatory standards. Its platform is designed to facilitate seamless recognition and authentication, effectively serving as a foundational layer for modern digital business ecosystems.
How much funding has Loqr raised?
Loqr has raised a total of $9.5M across 1 funding round:
Series A
$9.5M
Series A (2021): $9.5M with participation from Iberis Capital, Semapa Next, and EDP Ventures
Key Investors in Loqr
Iberis Capital
A prominent Portuguese private equity and venture capital manager focused on innovation and growth, managing over 600 million euros in assets across diverse sectors.
Semapa Next
A Lisbon-based venture capital firm that targets European companies with the potential to become global category leaders, providing operational and financial expertise.
EDP Ventures
The corporate venture arm of the EDP group, specializing in early-stage investments in disruptive technologies including AI, cybersecurity, and digital analytics.
What's next for Loqr?
With this major enterprise-level funding, Loqr is well-positioned to accelerate its product roadmap and expand its footprint within the European market. The strategic focus will likely center on enhancing its AI-driven verification capabilities and deepening integration with legacy enterprise systems. As the demand for secure, frictionless digital identity verification continues to surge, Loqr is poised to leverage its recent capital to scale its operations, refine its multichannel delivery architecture, and solidify its competitive advantage in the identity-as-a-service landscape. The company remains committed to its mission of simplifying the digital journey for both service providers and their end-users.
See full Loqr company page
