About AssureTec
AssureTec is an Industrial Goods & Manufacturing company based in Manchester (United States) founded in 2001, and was acquired by Acuant in June 2016. Identity Document Authentication and Data Capture solutions. It operates in the Industrial Goods & Manufacturing, Financial Services, and Technology sectors. AssureTec has raised $125 thousand across 1 funding round from investors including GBG. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Anti Fraud and Identity Theft. Its legal entity is Assuretec Systems Inc. Its competitors include BitGo, Riskified and Signifyd; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2001 and based in Manchester, United States, AssureTec operates in the identity verification sector. Solutions are provided for authenticating documents such as passports, visas, and drivers licenses via forensic analysis. Biometric and alphanumeric data are extracted automatically. The Reveal ID product is utilized to automate inspection processes, enhancing infrastructure security. Operations focus on data capture and verification technologies for various identity documents.
- Headquarters Manchester, United States
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingFinancial Services Technology
- Email••••••••
- Website assuretec.com
- Social LinkedIn X Facebook
- Acquired by Acuant (Jun 2016)
- Legal Name Assuretec Systems Inc
Funding Insights of AssureTec
AssureTec has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2008. 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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jun 2008)
All 1 funding rounds of AssureTec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2008 | $125,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in AssureTec
AssureTec has secured backing from 1 investor. Prominent investors backing the company include GBG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI-enabled KYC and AML solutions are delivered to multiple sectors. | 1999 | acuant.com | Los Angeles, United States |
Investor details for AssureTec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of AssureTec
3 dated milestones of AssureTec across 15 years, from founding to its latest funding, stage changes and deals.
- Founded AssureTec is founded.
- Funding First funding round of $125K.
- Exit Acquired by Acuant.
Competitors of AssureTec
AssureTec has 3 listed competitors in our database, 3 of them funded. They include BitGo, Riskified and Signifyd.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. | |
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers |
Detailed competitors of AssureTec
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as AssureTec (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 |
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Frequently Asked Questions about AssureTec
AssureTec was founded in 2001 and raised its 1st funding round 7 years after it was founded.
AssureTec is headquartered in Manchester, United States.
AssureTec is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2008.
Founded in 2001 and based in Manchester, United States, AssureTec operates in the identity verification sector. Solutions are provided for authenticating documents such as passports, visas, and drivers licenses via forensic analysis. Biometric and alphanumeric data are extracted automatically. The Reveal ID product is utilized to automate inspection processes, enhancing infrastructure security. Operations focus on data capture and verification technologies for various identity documents.
AssureTec has 1 investor. Key investors include GBG.
AssureTec operates through Assuretec Systems Inc.
Yes. AssureTec was acquired by Acuant in June 2016.