Tech5 - About the company
Tech5 is a series A company based in Geneva (Switzerland), founded in 2018 by Machiel Harst. It operates as a Provider of cloud, AI, and multi-modal Biometric authentication-based access control solutions. Tech5 has raised $18M in funding from Yinda Infocomm. The company has 1842 active competitors, including 294 funded and 173 that have exited. Its top competitors include companies like Yoti, Kairos and iProov.
Company Details
Provider of cloud, AI, and multi-modal Biometric authentication-based access control solutions. It offers facial, iris, and fingerprint-based identification and verification systems. It also offers software development kits for biometric management and facial recognition systems for CCTV cameras.
- Website
- tech5.ai
- Email ID
- *****@tech5.ai
Key Metrics
Founded Year
2018
Location
Geneva, Switzerland
Stage
Series A
Total Funding
$18M in 4 rounds
Latest Funding Round
Investors
Ranked
23rd among 1842 active competitors
Employee Count
79 as on Sep 30, 2026
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Tech5's funding and investors
Tech5 has raised a total funding of $18M over 4 rounds. Its first funding round was on Jan 26, 2021. Its latest funding round was a Conventional Debt round on Jan 22, 2026 for $*****. 1 investor participated in its latest round. Tech5 has 2 institutional investors.
Here is the list of recent funding rounds of Tech5:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 22, 2026 | 3460622 | Conventional Debt | 4943745 | 5963863 | 8359148 | 1075051 |
Apr 06, 2022 | 2988519 | Series A | 6021770 | 2516067 | 3186334 | 1509621 |
May 17, 2021 | 7910345 | Series A | 8599756 | 1579126 | 3761123 |
View details of Tech5's funding rounds and investors
Tech5's founders and board of directors
Founder? Claim ProfileThe founders of Tech5 is Machiel Harst. Machiel Harst is the CEO of Tech5.
Here are the details of Tech5's key team members:
- Machiel Harst: Co-Founder & CEO of Tech5.
View details of Tech5's Founder profiles and Board Members
Tech5's employee count trend
Tech5 has 79 employees as of Sep 26. Here is Tech5's employee count trend over the years:
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Tech5's Competitors and alternates
Top competitors of Tech5 include Yoti, Kairos and iProov. Here is the list of Top 10 competitors of Tech5, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 75/100 | |
2nd | Kairos 2011, Miami (United States), Series A | Provider of AI-powered identity verification, document authentication, and biometric solutions | $19.6M | 74/100 | |
3rd | iProov 2011, London (United Kingdom), Series B | Platform offering digital identity verification services | $85.1M | 70/100 | |
4th | Provider of digital identity solutions for secure online transactions and signatures | $29.3M | 68/100 | ||
5th | Flagright 2021, Santa Clara (United States), Series A | AI-native compliance and risk management platform for financial services organizations, providing an automated solution for anti-money laundering (AML) and transaction monitoring | $20.1M | 68/100 | |
6th | Provider of identity verification and fraud prevention solutions | $337M | 67/100 | ||
7th | CertifID 2007, Grand Rapids (United States), Series C | Fraud detection solution for businesses | $81.7M | 66/100 | |
8th | Alcatraz AI 2016, Palo Alto (United States), Series B | Provider of AI-powered facial authentication access control and security systems | $111M | 65/100 | |
9th | Integrated Biometrics 2002, Spartanburg (United States), Series A | Provider of fingerprint-based biometric systems | $5.13M | 64/100 | |
10th | Developer of AIoT solutions, including software, hardware, and platform systems | $1.98B | 64/100 | ||
23rd | Tech5 2018, Geneva (Switzerland), Series A | Provider of cloud, AI, and multi-modal Biometric authentication-based access control solutions | $18M | 60/100 |
Looking for more details on Tech5's competitors? Click here to see the top ones
Tech5's Investments and acquisitions
Tech5 has made 1 investment in uqudo and acquired ImageWare.Reports related to Tech5
Here is the latest report on Tech5's sector:
News related to Tech5
Media has covered Tech5 for a total of 8 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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TECH5 Appoints Rahul Parthe as CEO to Drive Global Digital Infrastructure GrowthBiometricUpdate.com•Oct 09, 2026•Tech5
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TECH5 Achieves Fastest Search Time in NIST IREX 10 Iris EvaluationBiometricUpdate.com•Aug 15, 2026•Tech5
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Visa connects digital ID wallets with shifting payments, service expectationsBiometricUpdate.com•Mar 04, 2026•Tech5, Visa
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Tech5 gets multi-million euro loan for DPI expansionBiometricUpdate.com•Jan 22, 2026•Salica Investments, Tech5
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PNG's MiBank Partners with DICT and Tech5 for Digital ID & Financial Inclusion via SevisPass & SevisWalletBiometricUpdate.com•Dec 02, 2025•MiBank, Tech5
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Papua New Guinea launches Tech5-built digital ID & wallet, SevisPass & SevisWalletBiometricUpdate.com•Nov 28, 2025•Tech5
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Tech5 integrates AI assistant into digital ID wallet with Ajari TechnologiesBiometricUpdate.com•Nov 14, 2025•Ajari, Tech5
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TECH5's fingerprint matching algorithm tops NIST FRIF TE E1N evaluationIdentity Week•Sep 18, 2025•Tech5
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Tech5 and Visa integrate biometrics,digital wallets and payments for DPI 7-year deal extends collaborationBiometricUpdate.com•Sep 11, 2025•Tech5, Visa, Fold, Stripe
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