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Passbase - About the company

Passbase is a series A company based in San Francisco (United States), founded in 2018 by Mathias Klenk, Felix Gerlach and Dave McGibbon. It operates as a Cloud-based identity and document verification solutions. Passbase has raised $17.9M in funding from investors like Seedcamp, Cowboy Ventures and Costanoa Venture. The company has 1095 active competitors, including 213 funded and 129 that have exited. Its top competitors include companies like IDnow, M2P Fintech and Jumio.

Company Details

Passbase is a cloud-based identity and document verification solution. It provides an identity platform backed by verified government documents, linked social media accounts, and biometric signatures. It allows to securely & privately share login credentials and verified government documents with the companies & institutions that need them. Verification SDK is available for iOS and it can be integrated with websites and applications. The verification process includes an authenticity check based on a facial comparison. It can be used to provide service in the field of finance, insurance, P2P marketplace, and automotive.
Social
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Email ID
*****@passbase.com
Registered Address
Municipiul Satu Mare, Str. AURORA, Nr. 10, Apartament 12, Județ Satu Mare, Cod poștal 3900
Key Metrics
Founded Year
2018
Location
San Francisco, United States
Stage
Series A
Total Funding
$17.9M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
2 as on Aug 31, 2026
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Passbase's funding and investors

Passbase has raised a total funding of $17.9M over 4 rounds. Its latest funding round was a Series A round on Dec 06, 2021 for $*****. 5 investors participated in its latest round. Passbase has 8 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Passbase:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 06, 2021
3826892
Series A
5216016
9159442
3311064
6453016
Oct 31, 2019
4081643
Seed
8234976
4591087
3683120
Mar 15, 2019
4332006
Seed
6139082
9138575
9033103
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Passbase's founders and board of directors

Founder? Claim Profile
The founders of Passbase are Mathias Klenk, Felix Gerlach and Dave McGibbon.
Here are the details of Passbase's key team members:

Passbase's employee count trend

Passbase has 2 employees as of Aug 26. Here is Passbase's employee count trend over the years:
Employee count trend for Passbase
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Passbase's Competitors and alternates

Top competitors of Passbase include IDnow, M2P Fintech and Jumio. Here is the list of Top 10 competitors of Passbase, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IDnow
IDnow
2010, Munich (Germany), Acquired
Provider of automated and expert-led identity verification and digital trust services
$40M
75/100
2nd
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
3rd
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$201M
74/100
4th
Logo for Digio
Digio
2016, Bengaluru (India), Seed
Provider of digital solutions for KYC, document management, and digital signatures
$11.9M
72/100
5th
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
6th
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$85.4M
71/100
7th
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Provider of privacy-focused identity and age solutions
$210M
71/100
8th
Logo for Fenergo
Fenergo
2009, Dublin (Ireland), Acquired
Cloud based KYC and AML management software
$181M
70/100
9th
Logo for NICE Actimize
NICE Actimize
1999, Hoboken (United States), Acquired
Provider of AI-driven anti-money laundering and fraud detection solutions
$24M
70/100
10th
Logo for Encompass
Encompass
2011, Sydney (Australia), Series B
Provider of automated software for corporate identity and compliance verification
$203M
69/100
91st
Logo for Passbase
Passbase
2018, San Francisco (United States), Series A
Cloud-based identity and document verification solutions
$17.9M
51/100
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Passbase's Investments and acquisitions

Passbase has made no investments or acquisitions yet.

Reports related to Passbase

Here is the latest report on Passbase's sector:

News related to Passbase

lockFilter this list
•
Parallel Markets Acquires PassbaseGlobal Fintech Series•Mar 29, 2023•Parallel Markets, Passbase
•
Passbase pulls in $13.5mVCJ•Dec 09, 2021•Passbase, Costanoa Venture, Lakestar, Eniac Ventures and 1 other
•
Passbase Introduces Codeless Biometric Onboarding SolutionFindBiometrics•Jun 29, 2020•Passbase
•
Boundless and Passbase Unveil the Future of Remote EmploymentHITECH news articles•Apr 29, 2020•Boundless, Passbase
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