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
- Email ID
- *****@iproov.com
- Registered Address
- 14, Bank Chambers 25, Jermyn Street, London, England, SW1Y 6HR
Key Metrics
Founded Year
2011
Location
London, United Kingdom
Stage
Series B
Total Funding
$85.1M in 9 rounds
Latest Funding Round
Post Money Valuation
£***** as on Nov 30, 2023
Investors
Ranked
7th among 2252 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2024
Employee Count
219 as on May 31, 2026
Legal entities associated with iProov
iProov is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Iproov Limited CIN: 07866563 , United Kingdom, Active | Nov 29, 2011 | £10M - £50M (As on Dec 31, 2024) | 169 (As on Dec 31, 2023) |
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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:
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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 |
View details of iProov's funding rounds and investors
iProov's founders and board of directors
Founder? Claim ProfileThe founders of iProov is Andrew Bud. Andrew Bud is the CEO of iProov.
Here are the details of iProov's key team members:
- Andrew Bud: Founder & CEO of iProov. They serve on the board of 1 company.Contact Info: 1 email address
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 |
View details of iProov's Founder profiles and Board Members
iProov's employee count trend
iProov has 219 employees as of May 26. Here is iProov's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kairos 2011, Miami (United States), Series A | Provider of AI-powered identity verification, document authentication, and biometric solutions | $19.6M | 74/100 | |
2nd | BitGo 2013, Palo Alto (United States), Public | Platform that offers crypto based financial services | $170M | 73/100 | |
3rd | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
4th | Clear 2010, New York City (United States), Public | Provider of expedited identity verification services for airport security and more | $135M | 71/100 | |
5th | Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 71/100 | |
6th | Lithic 2014, New York City (United States), Series C | Provider of platform for businesses to issue and manage payment cards | $121M | 71/100 | |
7th | iProov 2011, London (United Kingdom), Series B | Platform offering digital identity verification services | $85.1M | 70/100 | |
8th | Mantra Softech 2006, Ahmedabad (India), Series A | Biometrics-based security and surveillance solutions | $14.2M | 70/100 | |
9th | HYPR 2014, New York City (United States), Series D | Provider of passwordless multi-factor authentication, identity verification, and risk management | $131M | 69/100 | |
10th | 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
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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iProov Announces iProov Verified Meetings to Tackle Deepfake Risks in Video CallsBusiness Wire•May 19, 2026•iProov
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Australia plans biometric liveness detection refresh for national digital IDBiometricUpdate.com•Apr 27, 2026•ATO, iProov
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Philippines Launches Crackdown on Deepfakes as AI Drives Identity Fraud SurgeBiometricUpdate.com•Apr 14, 2026•iProov
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iProov Launches Workforce Security Suite to Counter Deepfake-Driven Identity AttacksBiometricUpdate.com•Mar 10, 2026•iProov
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iProov Achieves Ingenium Level 4, CEN/TS 18099 Level High for Injection Attack DetectionBiometricUpdate.com•Feb 13, 2026•iProov
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IProov combats AI-driven threats; MITRE ATLAS releases attack scenario by IProov Red TeamCrowdfund Insider•Dec 24, 2025•iProov
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Hypr integrates iProov’s biometric liveness detection to prevent workforce fraudBiometricUpdate.com•Dec 11, 2025•iProov, HYPR
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