AllClear ID

Austin, United States Founded: 2004 • Age: 22 yrs
Provider of a platform consolidating and sharing patient medical records securely
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About AllClear ID

AllClear ID is a company based in Austin (United States) founded in 2004.. AllClear ID has raised $27.8 million across 3 funding rounds from investors including Runway Growth Capital, Merus Capital and Trellis Partners. AllClear ID has completed 1 acquisition, including Encap Security. AllClear ID offers products and services including Health Bank Platform, Health Bank Mobile App, and Identity Protection. AllClear ID operates in a competitive market with competitors including BitGo, Riskified, Signifyd, Yoti and Digio, among others.

  • Headquarter Austin, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Allclear Id, Inc.
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Healthcare → Health Technology & Digital Health
Technology → Cybersecurity & Privacy Solutions
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $27.8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $6.5 M (USD), Series B

    Sep 13, 2017

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of AllClear ID

AllClear ID offers a comprehensive portfolio of products and services, including Health Bank Platform, Health Bank Mobile App, and Identity Protection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for consolidating and accessing medical records securely.

App for patients to manage and share medical records easily.

Services for safeguarding individual and business identities online.

People of AllClear ID
Headcount 200-500
Employee Profiles 8
Board Members and Advisors 1
Employee Profiles
People
Christine Mallory
Chief Financial Officer
People
Adam Jiang
Director, Product Management
People
Jessica Smith
VP of Client Services
People
Alan Alexander
Chief Medical Officer

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Board Members and Advisors
people
Tim Zoph
Healthcare Advisor & Board Member

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Funding Insights of AllClear ID

AllClear ID has successfully raised a total of $27.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6.5 million completed in September 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $6.5M
  • First Round

    (29 Apr 2008)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Series B - AllClear ID Valuation

investors

Sep, 2017 Amount Series B - AllClear ID Valuation

investors

Apr, 2008 Amount Series A - AllClear ID Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AllClear ID

AllClear ID has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Runway Growth Capital, Merus Capital and Trellis Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture debt financing is provided to companies across multiple sectors.
Founded Year Domain Location
Seed and early-stage tech investments are made in the US.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AllClear ID

AllClear ID has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Encap Security. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based two-factor authentication and digital signing are offered.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AllClear ID

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Allclear Id Comparisons

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Competitors of AllClear ID

AllClear ID operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BitGo, Riskified, Signifyd, Yoti and Digio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Crypto-based custody, trading, and lending services are provided to institutions.
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
domain founded_year HQ Location
Provider of fraud prevention and payment validation for online retailers
domain founded_year HQ Location
Identity verification solutions are provided for multiple industries digitally.
domain founded_year HQ Location
Mobile platform offering credit cards
domain founded_year HQ Location
Identity theft is protected and prevented through cyber monitoring services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Allclear Id

Frequently Asked Questions about AllClear ID

When was AllClear ID founded?

AllClear ID was founded in 2004 and raised its 1st funding round 4 years after it was founded.

Where is AllClear ID located?

AllClear ID is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is AllClear ID a funded company?

AllClear ID is a funded company, having raised a total of $27.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $9.3M, raised on Apr 29, 2008.

What does AllClear ID do?

AllClear ID was founded in 2004 in Austin, United States, within the healthcare technology sector. A platform is operated to consolidate patient medical records from multiple providers into secure accounts. Access to these records, along with AI-derived insights and medical summaries, is enabled for patients and consented healthcare organizations. Verified patient information is shared securely to support clinical operations and data management across the industry.

Who are the top competitors of AllClear ID?

AllClear ID's top competitors include Riskified, Yoti and BitGo.

What products or services does AllClear ID offer?

AllClear ID offers Health Bank Platform, Health Bank Mobile App, and Identity Protection.

How many acquisitions has AllClear ID made?

AllClear ID has made 1 acquisition, including Encap Security.

Who are AllClear ID's investors?

AllClear ID has 3 investors. Key investors include Runway Growth Capital, Merus Capital, and Trellis Partners.

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