# AimBrain Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aimbrain-solutions

- Industry: IT Security/Cybersecurity
- Headquarters: London, UK
- Website: www.aimbrain.com
- Total disclosed funding: $5.6M
- Latest round: Series A (Jun 6, 2017)
- Investors on record: 3

## About

AimBrain Solutions Ltd. specializes in biometrics and identity verification solutions that enhance security and user experience across various sectors, leveraging advanced technologies for seamless access and fraud reduction.AimBrain Solutions Ltd. was founded in 2014 and is headquartered in London, UK. The company provides biometric authentication technologies that incorporate facial recognition and behavioral biometrics. AimBrain has successfully completed 5 deals, with its latest funding round being a Series A on 11 February 2020, raising GBP 4.000 mn led by BGF Investment Management. The total amount raised to date is GBP 4.000 mn, with a current company valuation of GBP 13.865 mn.AimBrain primarily specializes in providing advanced biometrics and identity verification solutions designed to enhance security and user experience across various sectors. Their core offerings include biometric authentication technologies that leverage facial recognition and behavioral biometrics, allowing seamless access to applications and services while effectively reducing fraud. These solutions are tailored for industries such as finance, e-commerce, and telecommunications, addressing pressing challenges related to identity theft and unauthorized access. The company targets a global client base, with significant engagements in North America, Europe, and parts of Asia, catering to both enterprise customers and individual end-users seeking reliable and secure authentication methods.AimBrain operates on a subscription-based revenue model, facilitating steady income through long-term partnerships with its clients. The company enters agreements with businesses that require robust identity verification solutions, providing tailored packages that include access to its flagship biometric technologies. Transactions typically occur on a B2B basis, with clients ranging from financial institutions to online retail platforms. These partnerships involve negotiated pricing plans that reflect the specific services required, ensuring clients receive customized solutions that meet their unique security needs. This structure allows for scalability, enabling both parties to adapt as technology and market demands evolve.The recent funding from the Series A round will be utilized to innovate and launch new biometric products aimed at expanding their product offerings. Additionally, AimBrain plans to enter new markets, particularly targeting expansion into North America and parts of Asia by the end of 2022. The company is focused on leveraging its latest technologies to enhance its competitive edge and meet the growing demand for secure authentication solutions. In February 2020, BioCatch Ltd., a portfolio company of American Express Ventures, acquired AimBrain Solutions Ltd., signaling a strategic move towards bolstering their market presence.

## Funding rounds

- Series A, Jun 6, 2017, $5.1M — BGF Investment Management, Episode 1 Ventures, Entrepreneur First
- Seed, Nov 10, 2015, $0.5M — Episode 1 Ventures

## Investors

- Episode 1 Ventures (https://capitalatlas.ai/funds/episode-1-ventures) — Seed, Series A
- BGF Investment Management (https://capitalatlas.ai/funds/bgf-investment-management) — Series A
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Series A