IDVerse - About the company
IDVerse is an acquired company based in London (United Kingdom), founded in 2014. It operates as a Provider of AI-driven document authentication and biometric verification for trusted transactions. IDVerse has raised $46M in funding from Equable Capital. The company has 941 active competitors, including 183 funded and 125 that have exited. Its top competitors include companies like IDnow, M2P Fintech and Jumio.
Company Details
Provider of AI-driven document authentication and biometric verification for trusted transactions. The company delivers fully automated authentication of documents and verification of identities. It offers features such as fraud detection, streamlined user experience, and adaptability to new document types. The company's solution helps businesses speed up onboarding, simplify authentication, and remain compliant with regulations.
- Website
- idverse.com
- Registered Address
- Global Reach, Dunleavy Drive, Cardiff, CF11 0SN, United Kingdom
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Acquired
Total Funding
$46M in 2 rounds
Latest Funding Round
Investors
Ranked
46th among 941 active competitors
Annual Revenue
£50M - £100M as on Dec 31, 2024
Employee Count
77 as on Mar 31, 2026
Exit Details
Acquired by LexisNexis (Dec 10, 2024)
Legal entities associated with IDVerse
IDVerse is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Lexisnexis Risk Solutions Uk Limited CIN: 07416642 , United Kingdom, Active | Oct 22, 2010 | £50M - £100M (As on Dec 31, 2024) | 676 (As on Dec 31, 2024) | |
OCR LABS GLOBAL LIMITED CIN: 12867358 , United Kingdom, Active | Sep 08, 2020 | - | 15 (As on Dec 31, 2024) |
IDVerse's acquisition details
IDVerse got acquired by LexisNexis on Dec 10, 2024.
Click here to take a look at IDVerse's acquisition in detail
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IDVerse's funding and investors
IDVerse has raised a total funding of $46M over 2 rounds. Its first funding round was on Jun 15, 2021. Its latest funding round was a Series B round on Feb 23, 2022 for $*****. 1 investor participated in its latest round. IDVerse has 1 institutional investor.
Here is the list of recent funding rounds of IDVerse:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 23, 2022 | 6272039 | Series B | 6480261 | 1718680 | 1191150 | 4773690 |
Jun 15, 2021 | 4835621 | Series A | 3869420 | 2970375 | 1963652 | 5019724 |
View details of IDVerse's funding rounds and investors
IDVerse's founders and board of directors
Founder? Claim ProfileIDVerse's Board of Directors
IDVerse's board has 4 active members. James Burton, Richard Edward Trainor and William Sydney Madison are part of team and Stephen Elliot is independent board member.Here is the list of IDVerse's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
v{zyelf | Team | - | Current | 1y 3m |
qobvdjl | Team | - | Current | 4y 9m |
fyvzexc | Team | - | Current | 4y 7m |
hym{uuc | Team | - | Past | 2y 1m |
kxpsuln | Team | - | Past | 1y 4m |
rjregtu | Team | - | Past | 3y 6m |
Independent board member | - | Current | 7y 4m | |
tywwcdx | Independent board member | - | Past | 3y 4m |
ezjtnc{ | Independent board member | - | Past | 9y 6m |
phgbzso | Independent board member | - | Past | 7y 7m |
kabyraw | Independent board member | - | Past | 9y 4m |
IDVerse's employee count trend
IDVerse has 77 employees as of Mar 26. Here is IDVerse's employee count trend over the years:
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IDVerse's Competitors and alternates
Top competitors of IDVerse include IDnow, M2P Fintech and Jumio. Here is the list of Top 10 competitors of IDVerse, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
2nd | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
3rd | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 74/100 | |
4th | Onfido 2012, London (United Kingdom), Acquired | Provider of identity verification and digital security authentication software solutions | $242M | 72/100 | |
5th | Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 71/100 | |
6th | Cloud based KYC and AML management software | $181M | 70/100 | ||
7th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
8th | Elliptic 2013, London (United Kingdom), Series D | Provider of blockchain analytics software for digital asset risk management | $224M | 69/100 | |
9th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 | ||
10th | Provider of automated software for corporate identity and compliance verification | $203M | 69/100 | ||
46th | IDVerse 2014, London (United Kingdom), Acquired | Provider of AI-driven document authentication and biometric verification for trusted transactions | $46M | 57/100 |
Looking for more details on IDVerse's competitors? Click here to see the top ones
IDVerse's Investments and acquisitions
IDVerse has made no investments or acquisitions yet.
Reports related to IDVerse
Here is the latest report on IDVerse's sector:
News related to IDVerse
Media has covered IDVerse for 1 event in last 1 year, It was about partnerships.
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IDVerse, operator of Hairgoat, signs family company agreement with Keimyung Culture UniversityKorea Newswire•Aug 26, 2025•IDVerse, KMCU
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LexisNexis to acquire IDVerse for advanced AI fraud toolsSecurityBrief•Dec 13, 2024•LexisNexis Risk Solutions, IDVerse, Lexis, LexisNexis
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NorthRow partners with IDVerse to provide AI-powered identity verificationThe Paypers•Dec 04, 2024•NorthRow, IDVerse
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Hastings Direct Loans automates its processes using IDVerse identityThe Paypers•Oct 03, 2024•, IDVerse
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IDVerse launches re-authentication solution to secure passwordless loginsBiometricUpdate.com•Sep 25, 2024•IDVerse
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