ID.me

Valuation $14B

About ID.me

ID.me is an online identity verification platform that allows users to securely prove their identity online.
Headquarters ID.me, Mclean
Founded 2010-01-01
Industry Cloud Data Services, Cyber Security, Fraud Detection, Identity Management, Privacy, Software
Last Funding Type Series D
Valuation 14
Total Funding $407.25 million dollars
IPO Status Private

Financial

More than 60 million Americans enrolled with ID.me to verify their identity online. ID.me appointed a new Chief Technology Officer and strengthened its executive team.

ID.me, Inc. is focused on enhancing online identity verification through various authentication systems. Their research includes methods for third-party authentication of credentials, involving the receipt and determination of identity and credential information for authentication requests. They also work on aggregating membership information from multiple sources to authenticate individuals based on specific affiliations. Additionally, they are developing secure credential authentication by receiving identification information and accessing hashed credentials for verification. These efforts aim to bolster the security and reliability of online identity verification.

The U.S. government is transitioning the Veterans Affairs and IRS to use ID.me for biometric ID verification, affecting approximately 3 million veterans. Additionally, ID.me has partnered with 7-Eleven to offer fuel discounts to verified community members and with Tesla to provide $1000 off for military service members, veterans, and their spouses.
Funding Rounds 22
Number of Lead Investors 5
Total Funding Amount  $407.25 million dollars
Number of Investors 37

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