# The Authoriti Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-authoriti-network

- Industry: IT Security/Cybersecurity
- Headquarters: Hawthorne, US
- Website: www.authoriti.net
- Total disclosed funding: $1.5M
- Latest round: Seed (Sep 23, 2019)
- Investors on record: 1

## About

The Authoriti Network, Inc. specializes in innovative digital identity solutions that enhance security and streamline user verification processes for businesses, targeting sectors such as financial services and e-commerce.Founded in 2017 and headquartered in Hawthorne, US, The Authoriti Network, Inc. offers cutting-edge identity verification solutions. The company raised USD 1.50 mn in Seed funding led by Dot Capital in September 2019, marking its first significant investment round. Mark Clancy serves as CEO.The Authoriti Network, Inc. focuses on providing innovative digital identity solutions that enhance security and user verification across various platforms. Their core offerings include a suite of identity verification tools designed to address the growing concerns around online fraud and identity theft. These products enable businesses to verify customer identities in real-time, thereby facilitating smoother transactions and improving overall user trust. The primary end users include financial institutions, e-commerce platforms, and service providers who require reliable identity verification processes. The company serves a diverse clientele across North America and Europe, ensuring compliance with local regulations while offering a seamless user experience.The Authoriti Network, Inc. generates revenue through a structured subscription model for its identity verification services. Clients typically enter into annual contracts that provide access to the full suite of tools, including real-time identity checks and fraud detection capabilities. The pricing structure is tiered, allowing clients to select plans that best fit their transaction volumes and verification needs. By maintaining strong partnerships with various sectors, including finance and e-commerce, The Authoriti Network, Inc. ensures a steady revenue stream derived from both B2B and direct-to-consumer transactions.Looking ahead, The Authoriti Network, Inc. plans to launch new identity verification products designed to expand their service offerings within the next year. The company is also exploring market expansions into Asia and South America by 2024. The recent Seed funding of USD 1.50 mn will be utilized to support these initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Seed, Sep 23, 2019, $1.5M — Dot Capital

## Investors

- Dot Capital (https://capitalatlas.ai/funds/dot-capital) — Seed