# Airside Mobile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airside-mobile

- Industry: Software
- Headquarters: Arlington, US
- Website: www.airsidemobile.com
- Total disclosed funding: $21M
- Latest round: Series B (Jun 19, 2020)
- Investors on record: 5

## About

Airside Mobile, Inc. is a U.S.-based company specializing in digital identity solutions that enhance travel experiences through secure and efficient identity verification.Founded in 2008 in Arlington, US, Airside Mobile, Inc. provides digital identity solutions primarily for the travel industry. The company has undergone various strategic pivots to adapt to the evolving market demands. The founding team includes Adam Tsao, Christina Scholochow, and Florian Scholochow, while Amena Ali serves as the CEO. Airside has successfully raised a total of USD 13.590 mn, with its latest funding round being Series B, led by Bain Capital in October 2022. The company has completed 8 deals to date.Airside Mobile, Inc. specializes in providing digital identity solutions designed to enhance the travel experience through secure and efficient identity verification. The company's core product, the Digital Travel Credential, enables travelers to store and manage their mobile IDs on their personal devices, facilitating expedited services at airports and other venues. This credential simplifies identity verification by allowing users to confirm their identity with a single enrollment process, using verified identification methods such as driver's licenses and passports. Airside's solutions are tailored for various industries, including travel, healthcare, finance, and access control, aiming to address issues such as fraud reduction, streamlined customer onboarding, and secure health information sharing. The digital identity platform is utilized by airlines, governmental agencies, and businesses across North America and Europe, providing a user-centric approach to identity management that prioritizes privacy and convenience.Airside generates revenue through partnerships and subscription-based models, primarily targeting B2B clients in the travel, healthcare, finance, and access control sectors. The company collaborates with organizations to integrate its digital identity solutions into their operational frameworks, enhancing the onboarding process and reducing operational costs. Clients benefit from streamlined identity verification and sharing capabilities, which enable faster and more secure transactions. The pricing structure includes fees associated with the use of flagship products such as the Digital Travel Credential and other services tailored to specific industries. Revenue is driven by the volume of transactions processed through their platform and the number of businesses leveraging their technology for identity-proofing solutions.In October 2022, Airside Mobile, Inc. was acquired by Onfido Limited, aiming to combine technologies that will enable customers to manage their digital identities stored on smartphones. The acquisition is expected to foster the development of new products that enhance digital identity management. The company plans to expand its presence in European markets, focusing on specific regions by 2025. Recent funding will be utilized to support these initiatives and enhance operational capabilities.

## Funding rounds

- Series B, Jun 19, 2020, $14M — Grotech Ventures, Bain Capital, Blazar Ventures
- Series A, Sep 28, 2017, $7.7M — Grotech Ventures, Bain Capital, 8VC, SaaS Ventures, Blazar Ventures

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A, Series B
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A, Series B
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A
- SaaS Ventures (https://capitalatlas.ai/funds/saas-ventures) — Series A
- Blazar Ventures (https://capitalatlas.ai/funds/blazar-ventures) — Series A, Series B