Onfido

About

Onfido - simplifying identity for everyone.

London,England,United Kingdom
501 - 1000
http://www.onfido.com

Highlights

Details

Last Funding Type: Series Unknown
Industries: FinTech,Identity Management,Information Technology,Software
Founded date: Jan 1, 2012
Number Of Employee: 501 - 1000
Operating Status: Active
Legal Name: Onfido Holdings Ltd

Onfido digitally proves a user’s real identity using AI technology, by verifying their photo ID and comparing it to their facial biometrics. It means users and businesses can verify their online identities anywhere and anytime, without compromising on experience, inclusion, privacy or security. Onfido powers over 850 fintech, banking, and marketplace clients globally—helping them onboard more users while reducing risk.

Identity underpins all transactions, and over the coming years, access to everything will be based on every user's ability to easily and securely prove their legal identity. This will change how we think of access—everything from opening a bank account to self-checking-in to a hotel, and ultimately voting.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

15

£60.67M $100M

Onfido has raised a total of £60.67M $100M in funding over 2 rounds. Their latest funding was raised on Apr 15, 2020 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 15, 2020	Series D	$100M	8	TPG Growth	—	Detail
Apr 3, 2019	Series C	£28.16M	7	Augmentum Fintech Salesforce Ventures	—	Detail
Oct 31, 2018	Series C	—	2	—	—	Detail
Sep 27, 2017	Series C	£18.99M	12	Crane Venture Partners	—	Detail
Jun 19, 2017	Series C	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

9

35

Onfido is funded by 35 investors. TPG Growth and Augmentum Fintech are the most recent investors.

Investor Name	Lead Investor	Funding Round
TPG Growth	Yes	Series D
Augmentum Fintech	Yes	Series C
Future Fifty	Yes	Non-Equity Assistant
Oxford Saïd Business School	Yes	Convertable Note
Oxford University Innovation	Yes	Convertable Note
Acequia Capital (AceCap)	—	Series D
Crane Venture Partners	—	Series D
Idinvest Partners	—	Series D
M12 - Microsoft's Venture Fund	—	Series D
Salesforce Ventures	—	Series D