How Much Did Tascent Raise?
Funding & Key Investors

Tascent has solidified its position as a leader in the biometric identification sector, securing a total capital infusion of $56.3M to date. The company's growth trajectory, marked by a recent strategic investment of $19.5M, underscores its critical role in the evolution of high-throughput identity management. By leveraging these financial resources, Tascent continues to refine its multimodal biometric systems, which are increasingly vital for global travel facilitation and secure enterprise access.

The firm's funding history reflects a steady maturation, beginning with its initial Series A round in 2015, followed by a private equity injection in 2016, and culminating in a significant Series B financing in 2018. This capital structure has enabled the company to scale its operations and expand its technological footprint across diverse sectors, including public safety and aviation.

What is Tascent?

Tascent
SoftwareSecurity SoftwareManufacturing

Tascent specializes in the development and deployment of advanced multimodal biometric systems designed for high-speed identification and enrollment. The company's core product portfolio, which includes the InSight Access, InSight Face, and InSight One platforms, is integrated into the Tascent Enterprise Suite. These solutions are engineered to provide seamless, secure, and intuitive identity verification for complex environments such as border control, international travel hubs, and high-security workplace facilities. By prioritizing user experience alongside rigorous security standards, Tascent addresses the growing global demand for efficient, frictionless identity management in an increasingly mobile and interconnected world.

How much funding has Tascent raised?

Tascent has raised a total of $56.3M across 3 funding rounds:

2015

Series A

$18.5M

2016

Private Equity

$18.3M

2018

Series B

$19.5M

Series A (2015): $18.5M with participation from Tano Capital

Private Equity (2016): $18.3M, investors not publicly disclosed

Series B (2018): $19.5M supported by Tano Capital, NEC Corporation, and Min Aik Technology Co.

Key Investors in Tascent

Tano Capital

Tano Capital, LLC is a financial services firm based in San Mateo, California, specializing in providing investment management and advisory services to individuals and businesses.

NEC Corporation

NEC Corporation is a global leader in IT and network technologies, with a strong focus on biometric authentication and public safety solutions.

Min Aik Technology Co.

Min Aik Technology Co., Ltd. provides turnkey manufacturing solutions, focusing on precision components, automation equipment, and high-reliability hardware for various industrial applications.

What's next for Tascent?

With the backing of major strategic partners, Tascent is well-positioned to accelerate its product roadmap and expand its market reach. The current enterprise-level funding context suggests a focus on scaling the deployment of its biometric suite to meet the stringent requirements of government and private sector clients. Future strategic initiatives will likely center on enhancing the interoperability of its identification systems and deepening its integration capabilities within existing security infrastructures. As the demand for automated, reliable identity verification continues to rise, Tascent's focus on high-throughput, mobile-ready biometric technology will remain a key differentiator in the competitive landscape of global security and identity management.

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Frequently Asked Questions Regarding Tascent Financial Insights

What are the most recent funding rounds that Tascent has completed, and what were the funding rounds?
Tascent has recently completed 3 funding rounds: Series B on Aug 27, 2018, Private Equity on Jun 19, 2016, Series A on Sep 16, 2015.
What is the total amount of funding Tascent has raised to date?
Tascent has raised a total of $56.3M in funding to date.
How many funding rounds has Tascent completed?
Tascent has completed 3 funding rounds.
How much funding did Tascent raise in its most recent funding round?
Tascent raised $19.5M in its most recent funding round.
Who are the lead investors in Tascent's latest funding round?
The lead investor in Tascent's latest funding round was Tano Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Tascent's history?
The largest funding round in Tascent's history was $19.5M.
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