When was Precise Biometrics founded?

Precise Biometrics was founded in 1997 and raised its 1st funding round 16 years after it was founded.

Where is Precise Biometrics located?

Precise Biometrics is headquartered in Lund, Sweden. It is registered at Lund Skåne County.

How many employees does Precise Biometrics have?

As of Aug 31, 2026, the latest employee count at Precise Biometrics is 400.

Is Precise Biometrics a funded company?

Precise Biometrics is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Sep 06, 2013.

When was the latest funding round of Precise Biometrics?

Precise Biometrics' latest funding was a $***** Post IPO round on Dec 14, 2016, with participation from 0 investor.

Where does Precise Biometrics rank among its competitors?

Precise Biometrics ranks 115th amongst 2305 active competitors, of which 349 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Mantra Softech, which secured $14.1M in Jul, 2025.

Who are the top competitors of Precise Biometrics?

Precise Biometrics' top competitors include Scandit, Yoti and Kairos. Among them, Mantra Softech secured the most recent funding round in July, 2025.

Precise Biometrics - 2026 Company Profile, Funding & Competitors

Company Details

Provider of biometric identity verification software and physical access control. The company offers software solutions for fingerprint, face, and palm recognition. It provides visitor management and biometric access control systems. The company's products enhance security and usability across various devices.

Website: precisebiometrics.com
Social
Email ID: *****@precisebiometrics.com
Phone Number: +46 **********
Registered Address: Lund Skåne County

Key Metrics

Founded Year

1997

Location

Lund, Sweden

Stage

Public

Latest Funding Round

Post IPO, Dec 14, 2016, $*****

Investors

Centrecourt

Ranked

115^th among 2305 active competitors

Employee Count

400 as on Aug 31, 2026

Investment & Acquisitions

EastCoast Solutions & 1 more

Similar Companies

Kairos & 6963 more

Exit Details

Public

View Precise Biometrics' full profile

Precise Biometrics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Precise Biometrics Ab CIN: 556545-6596 , Sweden, Active	Dec 31, 1996	-	-	-

Precise Biometrics got listed on Dec 13, 1999.

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

Precise Biometrics has raised funding over 2 rounds. Its first funding round was on Sep 06, 2013. Precise Biometrics has 1 institutional investor.

Here is the list of recent funding rounds of Precise Biometrics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 14, 2016	2386916	Post IPO	5609219	9332092	4984353	7242347
Sep 06, 2013	9783192	Post IPO	4459695	7383645	1753853	1409546

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Precise Biometrics' employee count trend

Precise Biometrics has 400 employees as of Aug 26. Here is Precise Biometrics's employee count trend over the years:

Employee count trend for Precise Biometrics

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Top competitors of Precise Biometrics include Scandit, Yoti and Kairos. Here is the list of Top 10 competitors of Precise Biometrics, 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	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	HSBC, Nex.D & 12 others	75/100
3rd	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
4th	Allegion 2013, Dublin (Ireland), Public	Developer of cloud-based integrated access control systems	-	Trian Partners, Triodos Investment Management ... & 2 others	72/100
5th	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
6th	iProov 2011, London (United Kingdom), Series B	Platform offering digital identity verification services	$85.1M	Sumeru Equity Partners, Dhs & 39 others	70/100
7th	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
8th	HID Global 1991, Austin (United States), Acquired	Developer of cloud-based integrated physical identity and access management systems	-	Court Square	68/100
9th	itsme 2017, Brussels (Belgium), Series B	Provider of digital identity solutions for secure online transactions and signatures	$29.3M	SFPI, ING & 6 others	68/100
10th	Unico 2007, Sao Paulo (Brazil), Series D	Provider of identity verification and fraud prevention solutions	$337M	General Atlantic, Goldman Sachs & 9 others	67/100
115th	Precise Biometrics 1997, Lund (Sweden), Public	Provider of biometric identity verification software and physical access control	-	Centrecourt	48/100

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Precise Biometrics has acquired 2 companies including EastCoast Solutions and NextID Biometrics. Precise Biometrics has not made any investments as of now.

Here is the latest report on Precise Biometrics's sector: