# SuperID

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/superid

- Industry: Software
- Headquarters: Shenzhen, China
- Website: www.superid.me
- Total disclosed funding: $3.1M
- Latest round: Series A (Apr 23, 2016)
- Investors on record: 1

## About

SuperID specializes in innovative identity verification solutions that enhance security and streamline authentication processes for businesses across multiple sectors, including healthcare, finance, and technology.SuperID, headquartered in Shenzhen, China, provides identity verification services that enhance security for various industries. The company was founded by Qiajin Shen, who has a history of entrepreneurial ventures. In April 2016, SuperID raised CNY 20 million in a Series A financing round led by Letv Venture Capital, marking a significant milestone in its growth.SuperID offers a range of products designed to address the specific needs of businesses, focusing on identity verification and operational efficiency. Their core offerings include advanced solutions tailored for industries such as healthcare, finance, and technology, serving both small to medium-sized enterprises and larger corporations. The flagship product was introduced in 2021 and has received positive feedback for its seamless integration into existing systems. The company primarily markets its products in North America and Europe, utilizing direct sales and strategic partnerships with local distributors.SuperID generates revenue through a B2B model emphasizing partnerships and direct sales to corporations. Clients typically enter annual subscription agreements for the software solutions, which include ongoing support and updates. Pricing plans are customized based on the scale of implementation, offering flexibility for budgeting. Additionally, the company provides consulting services to assist clients in optimizing their product use, contributing to their revenue streams.SuperID is focused on developing new products aimed at enhancing its service offerings, with plans to launch updates in 2024. The company is also targeting expansion into new geographic markets, specifically Asia and Europe, by the end of 2025. The funding from the Series A round will be utilized to support these product developments and market expansion efforts, further establishing SuperID's presence in the identity verification sector.

## Funding rounds

- Series A, Apr 23, 2016, $3.1M — Letv Venture Capital

## Investors

- Letv Venture Capital (https://capitalatlas.ai/funds/letv-venture-capital) — Series A