When was Incode founded?

Incode was founded in 2015 and became a unicorn in 2021.

Where is Incode located?

Incode is headquartered in San Francisco, United States.

Who is the current CEO of Incode?

Ricardo Amper of Incode. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Incode have?

As of Aug 31, 2026, the latest employee count at Incode is 680.

Is Incode a funded company?

Incode is a funded company, having raised a total of $260M across 4 funding rounds to date. The company's 1st funding round was a $299K Grant (prize money) round, raised on Oct 01, 2014.

How much is Incode worth?

The latest valuation of Incode is $3B as of Nov 19, 2025.

When was the latest funding round of Incode?

Incode's latest funding was a $220M Series B round on Dec 07, 2021, with participation from 11 investors.

Is Incode a RegTech company?

The primary sectors of Incode are RegTech, Security & Surveillance Technology, Cybersecurity, Image Recognition and AI Infrastructure.

Where does Incode rank among its competitors?

Incode ranks 65th amongst 2858 active competitors, of which 500 are funded. It stands 1st 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 Incode?

Incode's top competitors include IDnow, Kairos and M2P Fintech. Among them, Idfy secured the most recent funding round in June, 2026.

Incode - 2026 Company Profile, Team, Funding & Competitors

Incode is a series B company based in San Francisco (United States), founded in 2015 by Ricardo Amper and Jovan Jovanovic. It operates as a Developer of identity verification software using biometric and document analysis. Incode has raised $260M in funding from investors like General Atlantic, DN Capital and DILA Capital, with a current valuation of $3B. The company has 2858 active competitors, including 500 funded and 328 that have exited. Its top competitors include companies like IDnow, Kairos and M2P Fintech.

Sectors and market segments that Incode operate in

Incode serves in the FinTech, High Tech, Native AI market segments.The primary business model of Incode are:

Company Details

Developer of identity verification software using biometric and document analysis. This technology performs facial recognition, liveness detection, and optical character recognition to confirm user identities. The platform provides tools for fraud detection, age verification, and business screening. It integrates into digital workflows to authenticate individuals and entities during onboarding or access requests. The system utilizes machine learning models to identify synthetic identities and deepfakes. It supports compliance requirements for financial, healthcare, and commercial sectors by automating identity checks and monitoring risk signals.

Website: www.incode.com/
Social
Email ID: *****@incode.com
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

San Francisco, United States

Stage

Series B

Total Funding

$260M in 4 rounds

Latest Funding Round

Series B, Dec 07, 2021, $220M

Post Money Valuation

$3B as on Nov 19, 2025

Investors

General Atlantic & 15 more

Ranked

65^th among 2858 active competitors

Employee Count

680 as on Aug 31, 2026

Investment & Acquisitions

Identiq & 2 more

Similar Companies

Kairos & 1351 more

View Incode's full profile

Incode has raised a total funding of $260M over 4 rounds. Its first funding round was on Oct 01, 2014. Its latest funding round was a Series B round on Dec 07, 2021 for $220M. 11 investors participated in its latest round. Incode has 16 institutional investors.

Here is the list of recent funding rounds of Incode:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 07, 2021	$220M	Series B	$1.25B	-	General Atlantic, SoftBank Group	J P Morgan, Capital One Ventures, DN Capital, L Capital, SVCI, DILA Capital, Coinbase, 3L Capital, Framework Venture Partners
Mar 24, 2021	$30M	Series A	$1.2B	-	DN Capital, 3L Capital, Walter Ventures	FJ Labs, DILA Capital, Framework Venture Partners
Oct 24, 2019	$10M	Seed	-	-	DILA Capital	-

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View details of Incode's funding rounds and investors

The founders of Incode are Ricardo Amper and Jovan Jovanovic. Ricardo Amper is the CEO of Incode.

Here are the details of Incode's key team members:

Ricardo Amper: Founder & CEO of Incode. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Jovan Jovanovic: Co-Founder & CTO of Incode.
Contact Info: 1 email address

View details of Incode's Founder profiles and Board Members

Incode's employee count trend

Incode has 680 employees as of Aug 26. Here is Incode's employee count trend over the years:

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Top competitors of Incode include IDnow, Kairos and M2P Fintech. Here is the list of Top 10 competitors of Incode, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	75/100
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	M2P Fintech 2014, Chennai (India), Series D	Provider of APIs enabling banking, lending, and payment financial services	$188M	8i Ventures, Beenext & 63 others	74/100
4th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$201M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	74/100
5th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
6th	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
7th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
8th	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
9th	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
10th	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
65th	Incode 2015, San Francisco (United States), Series B	Developer of identity verification software using biometric and document analysis	$260M	SoftBank Group, General Atlantic & 14 others	61/100

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Incode has acquired 3 companies including Identiq, AuthenticID and MetaMap. Incode has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 26, 2026	Acquisition	Identiq	2018	Tel Aviv (Israel)
Aug 19, 2025	Acquisition	AuthenticID	2001	Manchester (United States)
Jun 11, 2024	Acquisition	MetaMap	2017	San Jose (United States)