When was Authenteq founded?

Authenteq was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Authenteq located?

Authenteq is headquartered in Reykjavik, Iceland.

How many employees does Authenteq have?

As of Jul 01, 2024, the latest employee count at Authenteq is 16.

Is Authenteq a funded company?

Authenteq is a funded company, having raised a total of $6.49M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2015.

When was the latest funding round of Authenteq?

Authenteq's latest funding was a $***** Series A round on Jan 14, 2019, with participation from 2 investors.

Where does Authenteq rank among its competitors?

Authenteq ranks 211th amongst 1887 active competitors, of which 392 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Idfy, which secured $24.3M in Feb, 2026.

Who are the top competitors of Authenteq?

Authenteq's top competitors include Addepar, Jumio and Idfy. Among them, Idfy secured the most recent funding round in February, 2026.

Authenteq - 2026 Company Profile, Team, Funding & Competitors

Company Details

Networked automatic customer identity verification platform for marketplaces. It verifies the identities of users and sellers for transactions on marketplaces. ID verification is done automatically using its proprietary technology by comparing the ID and a recent photo with face recognition technology.

Website: authenteq.com
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Key Metrics

Founded Year

2015

Location

Reykjavik, Iceland

Stage

Acquired

Total Funding

$6.49M in 4 rounds

Latest Funding Round

Series A, Jan 14, 2019, $*****

Investors

Initial Capital & 6 more

Ranked

211^th among 1887 active competitors

Employee Count

16 as on Jul 01, 2024

Similar Companies

Addepar & 2243 more

Exit Details

Acquired by FNZ (Nov 01, 2022)

View Authenteq's full profile

Authenteq got acquired by FNZ on Nov 01, 2022.

Click here to take a look at Authenteq's acquisition in detail

Authenteq has raised a total funding of $6.49M over 4 rounds. Its first funding round was on 2015. Its latest funding round was a Series A round on Jan 14, 2019 for $*****. 2 investors participated in its latest round. Authenteq has 7 institutional investors.

Here is the list of recent funding rounds of Authenteq:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 14, 2019	6020260	Series A	3056499	4925166	3224049	8831038
Nov 28, 2017	3395499	Seed	7883334	4780616	7231884	Draper
2015	9625	Seed	3488	1444	8233	3282

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View details of Authenteq's funding rounds and investors

The founders of Authenteq is Kari Thor Runarsson.

Here are the details of Authenteq's key team members:

Kari Thor Runarsson: Former Founder of Authenteq.

View details of Authenteq's Founder profiles and Board Members

Authenteq's employee count trend

Authenteq has 16 employees as of Jul 24. Here is Authenteq's employee count trend over the years:

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Top competitors of Authenteq include Addepar, Jumio and Idfy. Here is the list of Top 10 competitors of Authenteq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Addepar 2009, Mountain View (United States), Series G	Wealth management solutions for advisors	$759M	WestCap, Valor Equity Partners & 57 others	77/100
2nd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Great Hill Partners, Millennium Technology Value Partners ... & 10 others	76/100
3rd	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$62.7M	Blume Venture, New Enterprise Associates ... & 40 others	75/100
4th	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	75/100
5th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Entree Capital & 21 others	75/100
6th	FNZ 2003, London (United Kingdom), Acquired	Provider of wealth management platforms for financial institutions and advisors	$2.55B	Temasek, General Atlantic & 13 others	74/100
7th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, BITMAIN & 12 others	73/100
8th	Broadridge 2007, United States, Public	Provider of tech solution for financial service and customer communication	-	Back Bay Group, Zühlke & 4 others	73/100
9th	Profitero 2009, Dun Laoghaire (Ireland), Acquired	Platform offering E- Commerce analytics solutions	$28.2M	Scaleworks, Polaris Partners & 10 others	73/100
10th	Onfido 2012, London (United Kingdom), Acquired	Provider of identity verification and digital security authentication software solutions	$242M	Said Business School, Salesforce Ventures ... & 104 others	72/100
211th	Authenteq 2015, Reykjavik (Iceland), Acquired	Networked automatic customer identity verification platform for marketplaces	$6.49M	Draper, Initial Capital & 5 others	49/100