# Presidio Identity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/presidio-identity

- Industry: Software
- Headquarters: Hillsborough, US
- Website: www.presidioidentity.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Sep 30, 2021)
- Investors on record: 1

## About

Presidio Identity, Inc. develops innovative identity and access management solutions that enhance security and streamline user experiences, specifically designed for enterprises managing digital identities across diverse platforms.Founded in 2020 and headquartered in Hillsborough, US, Presidio Identity, Inc. specializes in providing identity verification and access control solutions. The company has successfully raised a total of USD 3.5 mn in its SEED funding round led by Pelion Venture Partners on September 30, 2021, with no reported pivots or changes in business strategy since its inception. The company was co-founded by Dennis Moore and Tommy Lau, with Dennis Moore serving as the CEO.Presidio Identity specializes in providing advanced identity and access management solutions designed to enhance security and streamline user experiences across various platforms. Their core product offerings focus on identity verification, authentication services, and access control systems, which are tailored to address the complexities of digital identities in today’s interconnected world. These solutions are particularly aimed at enterprises seeking to safeguard sensitive data and ensure compliance with regulatory standards. The company's offerings are utilized across multiple sectors, including finance, healthcare, and technology, serving a diverse client base comprising mid-sized and large organizations. Presidio Identity’s products are available in North America and Europe, catering to a growing demand for robust identity management solutions in both commercial and public sectors.The revenue model of Presidio Identity is structured around subscription-based services, partner collaborations, and direct business transactions with clients. Clients typically engage with the company through annual subscriptions that grant access to their suite of identity management solutions, which may include features such as multi-factor authentication and real-time identity verification. This subscription framework allows for scalable pricing plans that accommodate varying business needs and user volumes. Additionally, Presidio Identity establishes partnerships with technology providers and system integrators, further extending their market reach and strengthening their service offerings. The flagship solutions contribute significantly to the company’s financial performance, leveraging advanced technologies to meet the evolving demands of their diverse clientele.In September 2021, Presidio Identity, Inc. raised USD 3.5 mn in SEED funding, which will be utilized to expand its sales and marketing efforts, as well as to grow product operations for its digital identity solutions. The company plans to introduce new identity management products aimed at enhancing security features and user experience. Additionally, Presidio Identity is targeting expansion into new markets across North America and Europe to increase its market share by late 2022.

## Funding rounds

- Seed, Sep 30, 2021, $3.5M — Pelion Venture Partners

## Investors

- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Seed