How Much Did Tascent Raise?
Funding & Key Investors

Tascent, a leader in the biometric identification sector, has successfully navigated multiple rounds of financing to solidify its market position. The company has secured a total of $56.3M in capital to date, with its most recent major strategic investment totaling $19.5M. This trajectory reflects strong investor confidence in the firm's ability to scale its multimodal biometric solutions across high-stakes environments.

The funding history, which spans from its initial Series A in 2015 through its most recent Series B in 2018, underscores a consistent growth strategy. By leveraging these financial resources, Tascent has transitioned from a specialized technology developer into a key provider of enterprise-grade identity management systems, effectively bridging the gap between complex biometric data and seamless user experience.

What is Tascent?

Tascent
SoftwareSecurity SoftwareManufacturing

Tascent specializes in the development and deployment of multimodal biometric systems designed for high-throughput environments. Their core product portfolio, including the InSight Access and Tascent Enterprise Suite, provides robust identification and enrollment capabilities. These solutions are critical for sectors such as aviation, border management, and public safety, where security and efficiency are paramount. By focusing on intuitive design and seamless integration, Tascent has established itself as a pivotal player in the global identity management market, enabling organizations to modernize their security infrastructure while maintaining high operational throughput.

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 Min Aik Technology Co., Tano Capital, and NEC Corporation

Key Investors in Tascent

Tano Capital

Tano Capital is a San Mateo-based financial services firm that provides specialized investment management and advisory services to businesses and individuals.

Min Aik Technology Co.

Min Aik Technology Co. is a turnkey manufacturing specialist providing precision components, automation equipment, and OEM/ODM services for diverse industrial applications.

NEC Corporation

NEC Corporation is a global leader in technology and integration, providing advanced solutions that support secure and efficient identity management systems.

What's next for Tascent?

With a solid foundation of $56.3M in cumulative backing, Tascent is well-positioned to expand its footprint in the global security market. The company's strategic focus is expected to remain on enhancing its biometric capabilities to meet the evolving demands of international travel and workplace access. As the demand for secure, frictionless identification continues to rise, Tascent's ability to integrate its technology into existing enterprise frameworks will be a primary driver of its future growth. The firm is likely to prioritize further R&D in mobile identification and advanced enrollment technologies to maintain its competitive edge in the biometric landscape.

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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 Min Aik Technology Co.. 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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