When was IDEX founded?

IDEX was founded in 1996 and raised its 1st funding round 23 years after it was founded.

Where is IDEX located?

IDEX is headquartered in Fornebu, Norway. It is registered at Dronning Eufemias gate 16, 0191, OSLO.

How many employees does IDEX have?

As of Sep 30, 2026, the latest employee count at IDEX is 58.

Is IDEX a funded company?

IDEX is a funded company, having raised an undisclosed amount across 12 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Jan 30, 2019.

When was the latest funding round of IDEX?

IDEX's latest funding was a $***** Post IPO round on Dec 08, 2025, with participation from 0 investor.

What is the annual revenue of IDEX?

Annual revenue of IDEX is less than $1M as on Dec 31, 2023

Where does IDEX rank among its competitors?

IDEX ranks 54th amongst 1077 active competitors, of which 194 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Idfy, which secured $23M in Jun, 2026.

Who are the top competitors of IDEX?

IDEX's top competitors include Scandit, Simplex and Jumio. Among them, Idfy secured the most recent funding round in June, 2026.

IDEX - 2026 Company Profile, Team, Funding, Competitors & Financials

IDEX is a public company based in Fornebu (Norway), founded in 1996. It operates as a Developer of biometric authentication cards for access and payment security. IDEX has raised an undisclosed amount in funding. The company has 1077 active competitors, including 194 funded and 127 that have exited. Its top competitors include companies like Scandit, Simplex and Jumio.

Company Details

Developer of biometric authentication cards for access and payment security. These cards offer fingerprint authentication for physical entry, digital login, and payments. The cards are designed to integrate with existing identity platforms and payment systems. They provide security against phishing, AI-driven attacks, and unauthorized access.

Website: idexbiometrics.com
Social
Email ID: *****@idexbiometrics.com, *****@idexbiometrics.com
Phone Number: +47 **********
Registered Address: Dronning Eufemias gate 16, 0191, OSLO

Key Metrics

Founded Year

1996

Location

Fornebu, Norway

Stage

Public

Latest Funding Round

Post IPO, Dec 08, 2025, $*****

Investors

Invesco Mutual Fund & 2 more

Ranked

54^th among 1077 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2023

Employee Count

58 as on Sep 30, 2026

Similar Companies

Scandit & 1163 more

Exit Details

Public

View IDEX's full profile

IDEX is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Idex Biometrics Asa CIN: 976846923 , Norway, Active	Jul 23, 1996	-	-
IDEX BIOMETRICS UK LTD CIN: 9193617 , United Kingdom, Active	Aug 28, 2014	£1M - £10M (As on Dec 31, 2025)	30 (As on Dec 31, 2024)
Idex Biometrics Asa CIN: 976846923 , Norway, Active		$0 - $1M (As on Dec 31, 2023)	-
Idex Biometrics Asa CIN: 976846923 , Norway, Active		-	93 (As on Dec 31, 2021)

IDEX got listed on Aug 16, 2011.

Click here to take a look at IDEX's IPO in detail

IDEX has raised funding over 12 rounds. Its first funding round was on Jan 30, 2019. IDEX has 3 institutional investors.

Here is the list of recent funding rounds of IDEX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 08, 2025	3078180	Post IPO	9158659	4699924	8308759	6196885
Jul 21, 2025	4504614	Post IPO	9499798	7141446	2571837	9674945
Sep 16, 2024	8455219	Post IPO	1530203	3311763	7097233	7918942

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View details of IDEX's funding rounds and investors

IDEX's employee count trend

IDEX has 58 employees as of Sep 26. Here is IDEX's employee count trend over the years:

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Top competitors of IDEX include Scandit, Simplex and Jumio. Here is the list of Top 10 competitors of IDEX, 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	Atomico, G2 Venture Partners & 15 others	77/100
2nd	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
3rd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$201M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	73/100
4th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 22 others	73/100
5th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
6th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
7th	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
8th	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$85.4M	Blume Venture, New Enterprise Associates ... & 41 others	71/100
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	Advance 2016, Singapore (Singapore), Series D	Provider of digital identity verification	$330M	SoftBank Vision Fund, Farallon Capital Management ... & 14 others	69/100
54th	IDEX 1996, Fornebu (Norway), Public	Developer of biometric authentication cards for access and payment security	-	Invesco Mutual Fund, Woodford Investment Management ... & 1 others	51/100