IDVerse

SoftwareSeries BSydney, Australiaocrlabs.com

Latest round

Series B

Last raised

Dec 2021

Total raised

$30M

Investors

2

About IDVerse

IDVerse, founded in 2014 in Sydney, Australia, develops advanced identity verification technologies.00 mn.IDVerse offers a comprehensive suite of AI-powered identity verification solutions designed to enhance security and streamline user experiences across various industries.99%, enabling businesses to onboard customers efficiently in seconds. The platform utilizes advanced technologies like IDverse Bias AI™, trained on diverse human faces for inclusivity in verification processes, and Deepfake Defender™, which detects synthetic identities that could evade human scrutiny. This suite serves a broad range of clients, including financial services, gambling, public sectors, and telecommunications, catering to global markets such as North America, Europe, and Asia.IDVerse generates revenue primarily through subscriptions and partnerships with businesses seeking robust identity verification solutions. Their flagship products, including IDverse Identity Verification and Deepfake Defender™, are offered under structured pricing plans tailored to the specific needs of varied client bases, from B2B enterprises to direct consumer applications. Clients engage with IDVerse through contractual agreements outlining the services to be utilized, often incorporating ongoing support and updates as part of their subscription package. Transactions are executed through seamless integration into clients’ existing systems, ensuring effective and secure customer onboarding, fraud prevention, and compliance measures.IDVerse plans to launch new products aimed at enhancing its identity verification capabilities, although specific release dates have not been disclosed. The company is focused on expanding into new markets, particularly targeting regions in Asia and Europe by the end of 2024.00 mn will be utilized to support product development and market expansion initiatives, allowing IDVerse to strengthen its position in the identity verification sector.

Who invested in IDVerse

2 investors across 2 rounds

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Funding rounds

  1. Series B

    Dec 1, 2021

    Amount

    $30M

    Investors

    Locked

  2. Seed

    Date not disclosed

    Amount

    Undisclosed

    Investors

    Locked

Questions about IDVerse

Who invested in IDVerse?

IDVerse has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has IDVerse raised?

IDVerse has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did IDVerse last raise money?

IDVerse's most recent round on record is a Series B, in Dec 2021.

What does IDVerse do?

IDVerse, founded in 2014 in Sydney, Australia, develops advanced identity verification technologies.

Where is IDVerse headquartered?

IDVerse is headquartered in Sydney, Australia.

Which VCs invest in companies like IDVerse?

Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Movac back software companies at IDVerse's stage. Their profiles are linked below.

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