Berbix

Sacramento, United States Founded: 2018 • Age: 8 yrs Acquired By Socure
Digital IDs are authenticated securely by Berbix.

About Berbix

Berbix is a company based in Sacramento (United States) founded in 2018 by Chad and Brad was acquired by Socure in June 2023. Berbix has raised $14.22 million across 3 funding rounds from investors including Socure, Mayfield and Initialized Capital. The company has 29 employees. Berbix operates in a competitive market with competitors including IDnow, BitGo, Onfido, Megvii and IDfy, among others.

  • Headquarter Sacramento, United States
  • Employees 29
  • Founders Chad, Brad
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website berbix.com
  • Acquired by Socure (Jun 2023)
  • Legal Name Berbix Inc.
Key Metrics
  • Total Equity Funding
    $14.22M (USD)

    in 3 rounds

  • Latest Funding Round
    $11.57M (USD), Series A

    Aug 2020

  • Investors
    Socure

    & 6 more

  • Employee Count
    29
  • Acquired by
    Socure

    (Jun 2023)

Funding Insights of Berbix

Berbix has successfully raised a total of $14.22M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.57 million completed in August 2020. 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 $14.22M
  • Total Rounds 3
  • Last Round Series A β€” $11.57M
  • First Round $150,000

    (Jun 2018)

  • Investors Count 6

All 3 funding rounds of Berbix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020$11.57MSeries A–Mayfield
Jul 2019$2.5MSeed–Y Combinator, Initialized Capital
–
Jun 2018$150,000Seed––
Valuation history

7 investors in total: 7 institutional.

Investors in Berbix

Berbix has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Socure, Mayfield and Initialized Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Mayfield is focused on AI innovation and venture capital investments.
–mayfield.comMenlo Park, United States
Seed and early-stage technology investments are managed by the firm.
–initialized.comSan Francisco, United States
Early-stage startups are accelerated via funding and educational programs.
–ycombinator.comMountain View, United States
Seed-stage tech-focused VC firm investing primarily in the US
–fika.vcLos Angeles, United States
Dream Machine is engaged in venture capital for innovative technologies.
–dreammachine.vc-
Venture capital fund focused on seed-stage investment in multiple sectors
–liquid2.vcSan Francisco, United States
AI-based identity verification and fraud detection are provided.
2012socure.comNew York, United States
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Investor details for Berbix

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  • Round participation
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People of Berbix

177 people are tracked at Berbix (75 in leadership, 4 in board & advisors, 98 in team); the tracked headcount is 29.

NameRoleGroup
Chad
Co-FounderLeadership
Brad
Co-FounderLeadership
Mark Chan
Director Of Quality AssuranceLeadership
Nadine Muehl
Head Of Executive And Community EngagementLeadership
Johnny Ayers
Co-Founder & CEOLeadership
Heita Miki
Director, Legal CounselLeadership
Matt Thompson
Chief Revenue OfficerLeadership
Bo Wang
Director Of Data ScienceLeadership
Jacqueline Yepez
Sr. Director, Growth MarketingLeadership
Ritesh Arora
Head Of Platform SolutionsLeadership
Barrett Young
Chief Marketing OfficerLeadership
Harneet Singh Gujral
Global Director Marketing OperationsLeadership
Thomas C.
Director Of Global IT ServicesLeadership
Kelsey McNichol
Head Of Talent AcquisitionLeadership
Luke Lesniewski
Enterprise Account Executive, DirectorLeadership
Amber R.
Director Of Market DevelopmentLeadership
Rivka Gewirtz Little
Chief Growth OfficerLeadership
Omar Gutierrez
Vp, Data ScienceLeadership
Joe Pucci
Director Of Product OperationsLeadership
Tucker Albers
DirectorLeadership

157 more people are available in the full profile.

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Complete people profiles for Berbix

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Timeline of Berbix

4 dated milestones of Berbix across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Berbix is founded.
  2. Funding First funding round of $150K.
  3. Funding Latest funding round, Series A, of $11.6M.
  4. Exit Acquired by Socure.

Competitors of Berbix

Berbix 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 IDnow, BitGo, Onfido, Megvii and IDfy, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
idnow.io2010Munich, Germany$40M29
Automated and expert-led identity verification services are provided.
bitgo.com2013Palo Alto, United States$170.5M166
Crypto-based custody, trading, and lending services are provided to institutions.
onfido.com2012London, United Kingdom$242.38M516
Identity verification solutions are provided, including document and biometric authentication.
megvii.com2011Beijing, China$1.98B–
Facial recognition and AI video analysis solutions are provided.
idfy.com2011Mumbai, India$56.03M587
Identity verification, background screening, and fraud prevention solutions are provided.
yoti.com2014London, United Kingdom$48.99M318
Identity verification solutions are provided for multiple industries digitally.
lifelock.com2005Tempe, United States$192.07M–
Identity theft is protected and prevented through cyber monitoring services.
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Detailed competitors of Berbix

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  • Full competitor set
  • Operating metrics
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  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Berbix

The website of Berbix (berbix.com) receives about 6.9K visits a month.

  • Monthly visits
    6.9K

    ▲ 34% vs previous month

Latest news on Berbix

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Complete news archive for Berbix

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to Berbix

10 companies that operate in the same segment as Berbix (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 167.95 B––
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 66.81 B––
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B36,000
A platform for the AI community to collaborate and build.
2016Paris, FranceUSD 399.91 M––
Digital marketing, data analytics, and IT services are provided globally.
1981Bengaluru, Karnataka, India–USD 19.08 B323,580
Machine learning model development and management solutions are provided.
2017San Francisco, California, United StatesUSD 250 M–150
Provider of website, web & mobile application development, BI, and digital marketing services
2007Jaipur, Rajasthan, IndiaUSD 570.12 MUSD 102.68 M461
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Enterprise observability solutions are delivered via cloud and AI platforms.
2008San Francisco, California, United StatesUSD 196.44 M––
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Frequently Asked Questions about Berbix

Berbix was founded in 2018.

Berbix is headquartered in Sacramento, United States. It is registered at Sacramento, California, United States.

Berbix is a funded company, having raised a total of $14.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 2018.

Berbix has 29 employees.

Berbix was founded in 2018 in Sacramento, United States, within the cybersecurity sector. A platform for verifying digital identities is operated, allowing authentication of age, email addresses, phone numbers, and photo IDs. This service supports protection of high-value transactions, background verifications, and controls on age-restricted products and services across online operations.

Berbix's top competitors include IDnow, Megvii and IDfy.

Berbix has 7 investors. Key investors include Socure, Mayfield, Initialized Capital, Y Combinator, and Fika Ventures.

Berbix operates through Berbix Inc..

Yes. Berbix was acquired by Socure in June 2023.

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