Authenteq

Reykjavik, Iceland Founded: 2015 • Age: 11 yrs Acquired By FNZ
Networked automatic customer identity verification platform for marketplaces
Annual revenue - Latest available
Total funding $6.5M 4 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Authenteq

Authenteq is a company based in Reykjavik (Iceland) founded in 2015 was acquired by FNZ in November 2022. Authenteq has raised $6.49 million across 4 funding rounds from investors including FNZ, Draper Associates and capital300. Authenteq offers products and services including Investor Onboarding Platform and eKYC Process. Authenteq operates in a competitive market with competitors including Addepar, Altruist, Signifyd, Onfido and InvestCloud, among others.

  • Headquarter Reykjavik, Iceland
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Fnz Group
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $6.49 M (USD)

    in 4 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Jan 14, 2019

  • Investors
    FNZ

    & 5 more

  • Employee Count
    Not available
  • Acquired by
    FNZ

    (Nov 01, 2022)

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Products & Services of Authenteq

Authenteq offers a comprehensive portfolio of products and services, including Investor Onboarding Platform and eKYC Process.

Product name locked
Category locked
Primary

Platform for personalized account setup and streamlined investor processes.

Product name locked
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Automated system for quick and secure identity checks using IDs and selfies.

People of Authenteq

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Marielle Ednalino
Board Director

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Teams

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Funding Insights of Authenteq

Authenteq has successfully raised a total of $6.49M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in January 2019. 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.

Investors in Authenteq

Authenteq has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include FNZ, Draper Associates and capital300.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage technology companies receive venture capital investments.
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Venture capital investments are managed for innovative startups.
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Investments are directed toward seed and early-stage tech companies.
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Investor details for Authenteq

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Authenteq

Investments
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Investment portfolio details for Authenteq

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Financial Statements - Authenteq

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Detailed financials for Authenteq

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  • Profit trends
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Authenteq Comparisons

Authenteq Primary company
Description
Networked automatic customer identity verification platform ...
Location
Reykjavik, Iceland
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Authenteq

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Competitors of Authenteq

Authenteq 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 Addepar, Altruist, Signifyd, Onfido and InvestCloud, among others.

Company Name Domain Founded year HQ Location Description
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Wealth management solutions are delivered for investment advisors.
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Portfolio management software for financial advisors
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Provider of fraud prevention and payment validation for online retailers
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Identity verification solutions are provided, including document and biometric authentication.
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Investment management software is provided for advisors and institutions.
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Automated and expert-led identity verification services are provided.
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Detailed competitors of Authenteq

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Latest news on Authenteq

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Complete news archive for Authenteq

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Frequently Asked Questions about Authenteq

Authenteq was founded in 2015.

Authenteq is headquartered in Reykjavik, Iceland.

Authenteq is a funded company, having raised a total of $6.49M across 4 funding rounds to date.

Founded in 2015 and based in Reykjavik, Iceland, Authenteq operates in the identity verification sector. A networked platform is provided for automatic customer checks in marketplaces. User and seller identities are confirmed by proprietary technology that compares official IDs with recent photos via face recognition. This process supports secure transactions across online platforms.

Authenteq's top competitors include Addepar, Altruist and IDnow.

Authenteq offers Investor Onboarding Platform and eKYC Process.

Authenteq has 6 investors. Key investors include FNZ, Draper Associates, capital300, Initial Capital, and Cavalry Ventures.

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