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iProov - About the company

iProov is a series B company based in London (United Kingdom), founded in 2011 by Andrew Bud. It operates as a Platform offering digital identity verification services. iProov has raised $85.1M in funding from Sippchoice, with a current valuation of £*****. The company has 2252 active competitors, including 401 funded and 244 that have exited. Its top competitors include companies like Kairos, BitGo and Evrotrust.

Company Details

Platform offering digital identity verification services. These solutions cater to various industries, including financial services, government, healthcare, and travel. The company's biometric solutions address authentication, remote onboarding, and workforce multi-factor authentication use cases. It delivers threat intelligence and automated security updates.
Website
iproov.com
Social
XFacebook
Email ID
*****@iproov.com
Registered Address
14, Bank Chambers 25, Jermyn Street, London, England, SW1Y 6HR
Key Metrics
Founded Year
2011
Location
Stage
Series B
Total Funding
$85.1M in 9 rounds
Latest Funding Round
Post Money Valuation
£***** as on Nov 30, 2023
Investors
Ranked
Annual Revenue
£10M - £50M as on Dec 31, 2024
Employee Count
219 as on May 31, 2026
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iProov's funding and investors

iProov has raised a total funding of $85.1M over 9 rounds. Its first funding round was on Dec 10, 2014. iProov has 8 institutional investors and 44 angel investors.

Here is the list of recent funding rounds of iProov:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 30, 2023
3637729
Series B
4501194
2681312
4204028
7728450
Dec 22, 2021
5865885
Series B
8826766
2779582
8720953
2020
4051
Grant (prize money)
9196
7577
2238
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iProov's founders and board of directors

Founder? Claim Profile
The founders of iProov is Andrew Bud. Andrew Bud is the CEO of iProov.
Here are the details of iProov's key team members:

iProov's Board of Directors

iProov's board has 5 active members. Peter Sugarman and Andrew Bud are part of team and Lou Anne Sides Alexander, Edward Sean Alleyn and Kyle T Ryland are independent board members.
Here is the list of iProov's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
14y 7m
Investor
-
Current
11y 3m
Independent board member
-
Current
3y 8m
szxjsok
Independent board member
-
Current
9y 7m
xqyqrbj
Independent board member
-
Current
1y 7m

iProov's employee count trend

iProov has 219 employees as of May 26. Here is iProov's employee count trend over the years:
Employee count trend for iProov
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iProov's Competitors and alternates

Top competitors of iProov include Kairos, BitGo and Evrotrust. Here is the list of Top 10 competitors of iProov, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kairos
Kairos
2011, Miami (United States), Series A
Provider of AI-powered identity verification, document authentication, and biometric solutions
$19.6M
74/100
2nd
Logo for BitGo
BitGo
2013, Palo Alto (United States), Public
Platform that offers crypto based financial services
$170M
73/100
3rd
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
4th
Logo for Clear
Clear
2010, New York City (United States), Public
Provider of expedited identity verification services for airport security and more
$135M
71/100
5th
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Provider of privacy-focused identity and age solutions
$210M
71/100
6th
Logo for Lithic
Lithic
2014, New York City (United States), Series C
Provider of platform for businesses to issue and manage payment cards
$121M
71/100
7th
Logo for iProov
iProov
2011, London (United Kingdom), Series B
Platform offering digital identity verification services
$85.1M
70/100
8th
Logo for Mantra Softech
Mantra Softech
2006, Ahmedabad (India), Series A
Biometrics-based security and surveillance solutions
$14.2M
70/100
9th
Logo for HYPR
HYPR
2014, New York City (United States), Series D
Provider of passwordless multi-factor authentication, identity verification, and risk management
$131M
69/100
10th
Logo for Microblink
Microblink
2013, London (United Kingdom), Series A
Platform offering card scanning apps-based consumer payments
$60M
68/100
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iProov's Investments and acquisitions

iProov has made no investments or acquisitions yet.

Reports related to iProov

Here is the latest report on iProov's geography:

News related to iProov

lockFilter this list
Media has covered iProov for a total of 20 events in the last 1 year, 10 of them have been about company updates and 3 about partnerships.
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