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CertifID - About the company

CertifID is a series C company based in Grand Rapids (United States), founded in 2007 by Lawrence Duthler, Tyler Adams and Thomas Cronkright. It operates as a Fraud detection solution for businesses. CertifID has raised $81.7M in funding from investors like Arthur Ventures, Centana Growth Partners and Wakestream Ventures. The company has 3180 active competitors, including 563 funded and 354 that have exited. Its top competitors include companies like ComplyAdvantage, IDnow and Riskified.

Company Details

Fraud detection solution for businesses. The solution is used by banks to ensure the identity of the user for payment transfers. The company employs Two-factor authentication, knowledge-based authentication, digital verification, and bank account confirmation for each transfer to prevent fraud.
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Email ID
*****@certifid.com
Key Metrics
Founded Year
2007
Location
Grand Rapids, United States
Stage
Series C
Total Funding
$81.7M in 5 rounds
Latest Funding Round
Ranked
Employee Count
149 as on Jun 30, 2026
Investment & Acquisitions
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CertifID's funding and investors

CertifID has raised a total funding of $81.7M over 5 rounds. Its first funding round was on Feb 08, 2018. Its latest funding round was a Series C round on Jul 15, 2025 for $*****. 2 investors participated in its latest round. CertifID has 5 institutional investors.

Here is the list of recent funding rounds of CertifID:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 15, 2025
4919578
Series C
6672305
5600554
8758132
9226061
Sep 12, 2023
9785101
Series B
3948392
3539715
9311447
4058702
May 16, 2022
7733780
Series A
9440696
3982915
9668522
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CertifID's founders and board of directors

Founder? Claim Profile
The founders of CertifID are Lawrence Duthler, Tyler Adams and Thomas Cronkright. Tyler Adams is the CEO of CertifID.
Here are the details of CertifID's key team members:

CertifID's Board of Directors

CertifID's board has 5 active members. Lawrence Duthler, Carlos Gutierrez, Stephen Tuuk, Mike Devries and Thomas W. Cronkright are independent board members.
Here is the list of CertifID's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 5m
ojxovfe
Independent board member
-
Current
9y 2m
drfukqn
Independent board member
-
Current
2y 4m
tppsvdk
Independent board member
-
Current
8y 3m
dwknduw
Independent board member
-
Current
4y 8m

CertifID's employee count trend

CertifID has 149 employees as of Jun 26. Here is CertifID's employee count trend over the years:
Employee count trend for CertifID
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CertifID's Competitors and alternates

Top competitors of CertifID include ComplyAdvantage, IDnow and Riskified. Here is the list of Top 10 competitors of CertifID, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ComplyAdvantage
ComplyAdvantage
2014, London (United Kingdom), Series C
Cloud-based AML solutions
$171M
75/100
2nd
Logo for IDnow
IDnow
2010, Munich (Germany), Acquired
Provider of automated and expert-led identity verification and digital trust services
$40M
75/100
3rd
Logo for Riskified
Riskified
2013, New York City (United States), Public
AI-based payment fraud prevention solutions for e-commerce solution
$232M
75/100
4th
Logo for Kairos
Kairos
2011, Miami (United States), Series A
Provider of AI-powered identity verification, document authentication, and biometric solutions
$19.6M
74/100
5th
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
6th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$196M
74/100
7th
Logo for Simplex
Simplex
2014, Ramat Gan (Israel), Acquired
AI-based crypto payments and fraud prevention solutions for businesses
$19M
73/100
8th
Logo for Entrust
Entrust
1969, Dallas (United States), Acquired
Provider of identity-centric security solutions, including issuance and data protection
-
72/100
9th
Logo for Onfido
Onfido
2012, London (United Kingdom), Acquired
Provider of identity verification and digital security authentication software solutions
$242M
72/100
10th
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
55th
Logo for CertifID
CertifID
2007, Grand Rapids (United States), Series C
Fraud detection solution for businesses
$81.7M
64/100
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CertifID's Investments and acquisitions

CertifID has acquired 2 companies including CloseSimple and Paymints.io. CertifID has not made any investments as of now.

Reports related to CertifID

Here is the latest report on CertifID's sector:

News related to CertifID

lockFilter this list
Media has covered CertifID for a total of 8 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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FAQs about CertifID

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