APLY
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $5M
Investors
- 2
About APLY
Founded in 2018 in Auckland, New Zealand, APLY Limited provides cutting-edge identity verification solutions.000 mn.APLYiD specializes in advanced onboarding solutions focusing on AML and KYC compliance. Their primary offering is a biometric identity verification system that enables businesses to authenticate customer identities in under 90 seconds. The system utilizes Optical Character Recognition (OCR) technology to process over 16,000 ID types, capturing customer details and verifying them against global government databases. Additionally, APLYiD integrates biometric analysis, assessing over 30,000 facial vectors to ensure the authenticity of client selfies during verification.APLYiD generates revenue primarily through subscription-based models and partnerships with businesses requiring compliance solutions. The typical engagement structure includes an initial setup fee followed by recurring subscription payments for continued access to their biometric verification platform. Their pricing plans are scalable to meet the needs of clients ranging from small businesses to larger enterprises.APLY Limited is focusing on launching new products designed to enhance their biometric verification services, although specific release dates are not provided. The company aims to expand its market presence into regions beyond its current operations, specifically targeting growth in Asia-Pacific markets by 2025.
Who invested in APLY
2 investors across 1 round
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Funding rounds
Series A
Oct 28, 2021
Amount
$5M
Investors
Questions about APLY
Who invested in APLY?
APLY has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has APLY raised?
APLY has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did APLY last raise money?
APLY's most recent round on record is a Series A, in Oct 2021.
What does APLY do?
Founded in 2018 in Auckland, New Zealand, APLY Limited provides cutting-edge identity verification solutions.
Where is APLY headquartered?
APLY is headquartered in Auckland, New Zealand.
Which VCs invest in companies like APLY?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at APLY's stage. Their profiles are linked below.
VCs backing software startups at Series A
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