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 as of December 31, 2021. Berbix operates in a competitive market with competitors including IDnow, BitGo, Onfido, Megvii and IDfy, among others.
- Headquarter Sacramento, United States
- Employees 29 as on 31 Dec, 2021
- Founders Chad, Brad
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Email
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Phone
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Website
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- Legal Name Berbix Inc.
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People of Berbix
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Software Development Team
47 people
Data Analysis and Operations Team
28 people
Leadership Team
21 people
Sales and Marketing
20 people
Product Management Team
11 people
Senior Team
8 people
Human Resources and Administration
6 people
Operations Team
6 people
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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 Total Funding
- Total Rounds 3
- Last Round Series A — $11.6M
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First Round
First Round
(01 Jun 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2020 | Amount | Series A - Berbix | Valuation | Mayfield | |
| Jul, 2019 | Amount | Seed - Berbix | Valuation | Y Combinator , Initialized Capital |
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| Jun, 2018 | Amount | Seed - Berbix | Valuation |
investors |
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.
| Investor | Description | Founded Year | Domain | Location |
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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location | |
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Seed and early-stage technology investments are managed by the firm.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Investments & Acquisitions by Berbix
Financial Statements - Berbix
Berbix Comparisons
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 Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
Crypto-based custody, trading, and lending services are provided to institutions.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided for multiple industries digitally.
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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 01, 2018.
As of Dec 31, 2021, the latest employee count at Berbix is 29.
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 has 7 investors. Key investors include Socure, Mayfield, Initialized Capital, Y Combinator, and Fika Ventures.