ADERA - About the company
ADERA is an early stage company based in Singapore (Singapore), founded in 1984 by Marvin Tan and Chee Yong Tan. It operates as a Provider of secure data handling, automation, and digital identity solutions. ADERA has raised $754K in funding from Union Gas Holdings. The company has 755 active competitors, including 155 funded and 104 that have exited. Its top competitors include companies like IDnow, M2P Fintech and Jumio.
Company Details
Provider of secure data handling, automation, and digital identity solutions. It offers a suite of products and services encompassing biometric systems, contactless access control, workflow automation, digital e-commerce platforms, and digital payment solutions. These solutions are designed to enhance security, streamline processes, and enable digital transformation across various industries, including finance, government, insurance, telecommunications, retail, and healthcare. The company's offerings include e-KYC solutions, digital branch automation, and automated fare collection systems. A key focus is on integrating biometrics and digital services to create secure and efficient systems.
- Website
- www.aderaglobal.com/
- Social
- Email ID
- *****@aderaglobal.com
- Phone Number
- +65 **********
Key Metrics
Founded Year
1984
Location
Singapore, Singapore
Stage
Early Stage
Total Funding
$754K in 2 rounds
Latest Funding Round
Investors
Ranked
111th among 755 active competitors
Employee Count
23 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with ADERA
ADERA is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ADERA AI PTE. LTD. CIN: 201508947K , Singapore, Active | Apr 07, 2015 | - | - | |
ADERA GLOBAL PTE. LTD. CIN: 201229678W , Singapore, Active | Dec 03, 2012 | - | - |
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ADERA's funding and investors
ADERA has raised a total funding of $754K over 2 rounds. Its first funding round was on Sep 07, 2007. Its latest funding round was a Unattributed round on Jan 21, 2021 for $*****. 1 investor participated in its latest round. ADERA has 2 institutional investors.
Here is the list of recent funding rounds of ADERA:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 21, 2021 | 7691864 | Unattributed | 9733435 | 7155974 | 9830868 | 4871664 |
Sep 07, 2007 | 5935835 | Grant (prize money) | 6845085 | 3218599 | 2375080 |
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ADERA's founders and board of directors
Founder? Claim ProfileHere are the details of ADERA's key team members:
- Marvin Tan: Co-Founder of ADERA. Contact Info: 1 email address
- Chee Yong Tan: Co-Founder of ADERA.
- Anthony Ong: CEO of ADERA. Contact Info: 1 email address
ADERA's Board of Directors
ADERA's board has 2 active members. Tan Thian Pong Lennon is part of team and Tan Thian Boon is independent board member.Here is the list of ADERA's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
eiywqju | Team | - | Current | 1y 5m |
Independent board member | - | Current | 13y 8m |
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ADERA's employee count trend
ADERA has 23 employees as of Aug 26. Here is ADERA's employee count trend over the years:
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ADERA's Competitors and alternates
Top competitors of ADERA include IDnow, M2P Fintech and Jumio. Here is the list of Top 10 competitors of ADERA, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
2nd | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
3rd |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 73/100 | |
4th |  Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 71/100 | |
5th | Cloud based KYC and AML management software | $181M | 70/100 | ||
6th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
7th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 | ||
8th | Provider of automated software for corporate identity and compliance verification | $203M | 69/100 | ||
9th | AI based identity verification software | $200M | 69/100 | ||
10th | Provider of digital identity verification | $330M | 69/100 | ||
111th | Provider of secure data handling, automation, and digital identity solutions | $754K | 44/100 |
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ADERA's Investments and acquisitions
ADERA has a total of 1 investment in OneView. ADERA has not made any acquisitions as of now.News related to ADERA
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Beyon Connect forms digital platform JV in SingaporeTrade Arabia•Jun 07, 2023•BEYON Connect, ADERA, Molo9™, Cumulo9
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Adera’s face biometrics rises through the ranks in NIST visa border testingBiometricUpdate.com•Feb 04, 2023•ADERA
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Union Gas Unit Subscribes For Convertible Bonds In Data Handling Services ProviderThe Business Times•Jan 21, 2021•Union Gas Holdings, Uglobal, ADERA
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ADERA AI’s Joint Venture with BreadTalk GroupGlobal Legal Chronicle•Dec 03, 2020•ADERA, BreadTalk Group
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