Authenticate - About the company
Authenticate is a series A company based in Harrogate (United Kingdom), founded in 2013 by Programportfolioaccount Specialist Vik Jain. It operates as a Cloud-based quality control and traceability solution for food supply chain. Authenticate has raised $6.5M in funding from investors like Mercia, The Summit Group and Northern Powerhouse Investment Fund, with a current valuation of £*****. The company has 3146 active competitors, including 285 funded and 112 that have exited. Its top competitors include companies like Toast, Olo and FourKites.
Company Details
Cloud-based quality control and traceability solution for the food supply chain. The company claims that its platform holds compliance data of various stakeholders in the food value chain such as manufacturers, suppliers, producers, processors, etc. And by mapping the suppliers, users can gain insights into the compliance data of its product value chain. Provides solutions to various food businesses such as retailers, manufacturers, hospitality, and producers.
- Website
- www.authenticateis.com/
- Phone Number
- +44 **********
Key Metrics
Founded Year
2013
Location
Harrogate, United Kingdom
Stage
Series A
Total Funding
$6.5M in 4 rounds
Latest Funding Round
Post Money Valuation
£***** as on Apr 15, 2019
Ranked
173rd among 3146 active competitors
Employee Count
16 as on Jul 31, 2026
Legal entities associated with Authenticate
Authenticate is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AUTHENTICATE INFORMATION SYSTEMS LIMITED CIN: 08584179 , United Kingdom, Active | - | 24 (As on Jan 31, 2021) |
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Authenticate's funding and investors
Authenticate has raised a total funding of $6.5M over 4 rounds. Its latest funding round was a Series A round on May 13, 2019 for $*****. 3 investors participated in its latest round. Authenticate has 6 institutional investors and 43 angel investors.
Here is the list of recent funding rounds of Authenticate:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 13, 2019 | 8091833 | Series A | 3741008 | 8110821 | 8146141 | 8553921 |
Apr 04, 2017 | 5456013 | Seed | 6832869 | 2015651 | 7776404 | 2401415 |
Mar 30, 2015 | 3073766 | Seed | 3311753 | 8656740 | 9158901 | 8612749 |
View details of Authenticate's funding rounds and investors
Authenticate's founders and board of directors
Founder? Claim ProfileThe founders of Authenticate is Programportfolioaccount Specialist Vik Jain.
Here are the details of Authenticate's key team members:
- Programportfolioaccount Specialist Vik Jain: President/Founder/Owner of Authenticate.
View details of Authenticate's Founder profiles and Board Members
Authenticate's employee count trend
Authenticate has 16 employees as of Jul 26. Here is Authenticate's employee count trend over the years:
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Authenticate's Competitors and alternates
Top competitors of Authenticate include Toast, Olo and FourKites. Here is the list of Top 10 competitors of Authenticate, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Cloud-based point of sale and management system for restaurants | $900M | 82/100 | |
2nd | Olo 2005, New York City (United States), Acquired | Provider of a platform for restaurant brands to manage digital operations | $73.6M | 80/100 | |
3rd | FourKites 2014, Chicago (United States), Series D | Developer of AI and web-based visibility solutions for the supply chain | $243M | 79/100 | |
4th | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 77/100 | |
5th | Project44 2014, Chicago (United States), Series G | Provider of cloud-based cargo and supply chain visibility tracking solutions | $912M | 75/100 | |
6th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 71/100 | |
7th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based POS and restaurant management system for efficient operations | $194M | 70/100 | |
8th | TouchBistro 2010, Toronto (Canada), Acquired | Cloud-based POS and restaurant management system | $321M | 69/100 | |
9th | ORBCOMM 1993, Rochelle Park (United States), Acquired | Provider of industrial Internet of Things solutions for asset management | $136M | 68/100 | |
10th | Provider of a platform for supply chain traceability and compliance | $30M | 67/100 | ||
173rd | Authenticate 2013, Harrogate (United Kingdom), Series A | Cloud-based quality control and traceability solution for food supply chain | $6.5M | 40/100 |
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Authenticate's Investments and acquisitions
Authenticate has made no investments or acquisitions yet.
Reports related to Authenticate
Here is the latest report on Authenticate's sector:
News related to Authenticate
•
Authenticate Information Systems Raises £2.3M in FundingFinSMEs•May 13, 2019•Authenticate, Northern Powerhouse Investment Fund, The Summit Group
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