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 Mar 31, 2026, the latest employee count at Precise Biometrics is 177.

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 123rd amongst 2171 active competitors, of which 354 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, Kairos and Allegion. Among them, Mantra Softech secured the most recent funding round in July, 2025.

Precise Biometrics - 2026 Company Profile, Funding & Competitors

Precise Biometrics is a public company based in Lund (Sweden), founded in 1997. It operates as a Provider of biometric identity verification software and physical access control. Precise Biometrics has raised an undisclosed amount in funding. The company has 2171 active competitors, including 354 funded and 226 that have exited. Its top competitors include companies like Scandit, Kairos and Allegion.

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

123^rd among 2171 active competitors

Employee Count

177 as on Mar 31, 2026

Investment & Acquisitions

EastCoast Solutions & 1 more

Similar Companies

SoundHound & 7094 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	3546408	Post IPO	4654027	7820913	5474434	2343398
Sep 06, 2013	8432509	Post IPO	7898270	4453435	7201725	8997113

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Precise Biometrics' employee count trend

Precise Biometrics has 177 employees as of Mar 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, Kairos and Allegion. 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	Google Ventures, Atomico & 15 others	77/100
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	Allegion 2013, Dublin (Ireland), Public	Developer of cloud-based integrated access control systems	-	Trian Partners, Triodos Investment Management ... & 2 others	72/100
4th	Mantra Softech 2006, Ahmedabad (India), Series A	Biometrics-based security and surveillance solutions	$14.2M	India SME Investments, Motilal Oswal & 2 others	72/100
5th	Yoti 2014, London (United Kingdom), Series B	Provider of digital identity verification, age verification, and authentication solutions	$210M	HSBC, Nex.D & 11 others	71/100
6th	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 & 21 others	71/100
7th	iProov 2011, London (United Kingdom), Series B	Platform offering digital identity verification services	$85.1M	Sippchoice, Sumeru Equity Partners & 50 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 digital identity verification and authentication solutions for businesses	$341M	SoftBank, General Atlantic & 10 others	67/100
123rd	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.

Media has covered Precise Biometrics for a total of 8 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.