About Authenteq
Authenteq is an Industrial Goods & Manufacturing company based in Reykjavik (Iceland) founded in 2015, and was acquired by FNZ in November 2022. Networked automatic customer identity verification platform for marketplaces. It operates in the Industrial Goods & Manufacturing and Technology sectors. 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. Its focus areas include Enterprise Infrastructure, Cybersecurity, IAM and Customer IAM. Its legal entity is FNZ Group.
Company details
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.
- Headquarters Reykjavik, Iceland
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingTechnology
- Website authenteq.com
- Social LinkedIn X
- Acquired by FNZ (Nov 2022)
- Legal Name Fnz Group
Products & Services of Authenteq
Authenteq offers a comprehensive portfolio of products and services, including Investor Onboarding Platform and eKYC Process.
Platform for personalized account setup and streamlined investor processes.
Automated system for quick and secure identity checks using IDs and selfies.
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.
- Total Funding $6.49M
- Total Rounds 4
- Last Round Series A — $5M
- First Round $166,000
(Jun 2015)
- Investors Count 5
All 4 funding rounds of Authenteq 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 |
|---|---|---|---|---|---|
| Jan 2019 | $5M | Series A | – | Draper Associates, Capital300 | – |
| Nov 2017 | $1.3M | Seed | – | Initial Capital, Cavalry Ventures | |
| Jun 2015 | $166,000 | Seed | – | – | – |
| Jun 2015 | $23,000 | Seed | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology companies receive venture capital investments. | draper.vc | San Mateo, United States | ||
Venture capital investments are managed for innovative startups. | capital300.com | Vienna, Austria | ||
Investments are directed toward seed and early-stage tech companies. | initialcapital.com | London, United Kingdom | ||
Pre-seed and seed stage tech investments are made in Germany. | cavalry.vc | Berlin, Germany | ||
| startupreykjavik.is | ||||
Wealth management solutions are delivered for asset managers. | 2003 | fnz.com | London, United Kingdom |
Investor details for Authenteq
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- Complete investor list
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- Investor portfolios
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People of Authenteq
1 people are tracked at Authenteq (1 in leadership).
| Name | Role | Group |
|---|---|---|
Marielle Ednalino | Board Director | Leadership |
Complete people profiles for Authenteq
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Timeline of Authenteq
4 dated milestones of Authenteq across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Authenteq is founded.
- Funding First funding round of $166K.
- Funding Latest funding round, Series A, of $5.0M.
- Exit Acquired by FNZ.
Web traffic of Authenteq
Websites that share an audience with Authenteq (authenteq.com).
Websites whose visitors overlap most with Authenteq. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| f6s.com | 100% | 1.7M | #37,206 | View details | |
| connect.com | 72% | View details | |||
who.is | who.is | 60% | #29,086 | – | |
| docusign.com | 60% | 57.3M | #600 | View details | |
| crunchbase.com | 60% | 3.7M | #12,418 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Authenteq
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- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about 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. The company's 1st funding round was a Seed of $166K, raised on Jun 2015.
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 offers Investor Onboarding Platform and eKYC Process.
Authenteq has 6 investors. Key investors include FNZ, Draper Associates, capital300, Initial Capital, and Cavalry Ventures.
Authenteq operates through Fnz Group.
Yes. Authenteq was acquired by FNZ in November 2022.