When was Daon founded?

Daon was founded in 1999 and raised its 1st funding round 13 years after it was founded.

Where is Daon located?

Daon is headquartered in Reston, United States. It is registered at Reston, Virginia.

Which legal entities is Daon associated with?

Daon is associated with DAON, INC..

How many employees does Daon have?

As of Jun 30, 2026, the latest employee count at Daon is 296.

Is Daon a funded company?

Daon is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Oct 01, 2012.

When was the latest funding round of Daon?

Daon's latest funding was a $***** Grant (prize money) round on Sep 10, 2014, with participation from 1 investor.

Where does Daon rank among its competitors?

Daon ranks 121st amongst 2195 active competitors, of which 373 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Evrotrust, which secured $7.61M in Nov, 2025.

Who are the top competitors of Daon?

Daon's top competitors include Scandit, Kairos and Boku. Among them, Evrotrust secured the most recent funding round in November, 2025.

Daon - 2026 Company Profile, Team, Funding & Competitors

Daon is a funded company based in Reston (United States), founded in 1999. It operates as a Developer of cloud-based multi-modal biometric systems. Daon has raised an undisclosed amount in funding. The company has 2195 active competitors, including 373 funded and 233 that have exited. Its top competitors include companies like Scandit, Kairos and Boku.

Company Details

Developer of cloud-based multi-modal biometric systems. It offers a biometric authentication platform that can verify face, fingerprint, voice, iris, behaviour, palm, and liveliness. Product IdentityX is a framework-based mobile SDK for biometric authentication. Its features include risk-based security levels to dynamically choose among various modalities, FIDO certification to optionally deploy a FIDO standards-based solution, hardware-agnostic, and the option to extend any new modalities.

Website: daon.com
Social
Email ID: *****@daon.com
Registered Address: Reston, Virginia

Key Metrics

Founded Year

1999

Location

Reston, United States

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Sep 10, 2014, $*****

Investors

International Investment and Underwriting & 1 more

Ranked

121^st among 2195 active competitors

Employee Count

296 as on Jun 30, 2026

Similar Companies

Kairos & 2219 more

View Daon's full profile

Daon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DAON, INC. CIN: 331010024 , United States, Active	Dec 31, 1999	-	43 (As on Dec 31, 2024)	-

Daon has raised funding over 2 rounds. Its first funding round was on Oct 01, 2012. Its latest funding round was a Grant (prize money) round on Sep 10, 2014 for $*****. 1 investor participated in its latest round. Daon has 2 institutional investors.

Here is the list of recent funding rounds of Daon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 10, 2014	1906741	Grant (prize money)	5671792	2635612	7694918	9796486
Oct 01, 2012	7118196	Grant (prize money)	4770866	9839194	1117883	National Oceanic and Atmospheric Administration

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View details of Daon's funding rounds and investors

Daon's employee count trend

Daon has 296 employees as of Jun 26. Here is Daon's employee count trend over the years:

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Top competitors of Daon include Scandit, Kairos and Boku. Here is the list of Top 10 competitors of Daon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Scandit 2009, Zurich (Switzerland), Series D	Developer of smart data capture platform for various industry applications	$273M	Google Ventures, G2 Venture Partners & 15 others	77/100
2nd	Kairos 2011, Miami (United States), Series A	Provider of AI-powered identity verification, document authentication, and biometric solutions	$19.6M	500 Global, Beyond Capital Markets & 21 others	74/100
3rd	Boku 2008, United States, Public	Network connecting merchants to local payment methods for transactions	$91.3M	New Enterprise Associates, DAG Ventures & 25 others	73/100
4th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 5 others	72/100
5th	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	Serengeti Asset Management, HSBC & 12 others	71/100
6th	Clear 2010, New York City (United States), Public	Provider of expedited identity verification services for airport security and more	$135M	T. Rowe Price, United Airlines & 22 others	71/100
7th	Lithic 2014, New York City (United States), Series C	Provider of platform for businesses to issue and manage payment cards	$121M	Stripes, Bessemer Venture Partners & 15 others	71/100
8th	iProov 2011, London (United Kingdom), Series B	Platform offering digital identity verification services	$85.1M	Sippchoice, Sumeru Equity Partners & 50 others	70/100
9th	Mantra Softech 2006, Ahmedabad (India), Series A	Biometrics-based security and surveillance solutions	$14.2M	India SME Investments, Motilal Oswal Financial Services ... & 2 others	70/100
10th	HYPR 2014, New York City (United States), Series D	Provider of passwordless multi-factor authentication, identity verification, and risk management	$131M	RRE Ventures, Advent International & 14 others	69/100
121st	Daon 1999, Reston (United States), Funding Raised	Developer of cloud-based multi-modal biometric systems	-	International Investment and Underwriting, National Oceanic and Atmospheric Administration ... Read more	45/100