About Digital iD
Digital iD is a company based in Melbourne (Australia) founded in 2016 was acquired by BarcodesInc in August 2018.. Digital iD offers products and services including Digital iD App and AML Solutions. Digital iD operates in a competitive market with competitors including Entrust, TeleSign, Signicat, WebID and Incode, among others.
- Headquarter Melbourne, Australia
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Sectors
Technology
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Email
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Phone
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Website
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Annual Revenue
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Net Profit
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Latest Funding Round
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Acquired by
BarcodesInc
(Aug 01, 2018)
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Products & Services of Digital iD
Digital iD offers a comprehensive portfolio of products and services, including Digital iD App and AML Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for secure online and in-person identity proofing services.
Tools for anti-money laundering verification and risk management.
Funding Insights of Digital iD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Digital iD
Digital iD has secured backing from 1 investor. Prominent investors backing the company include BarcodesInc. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VAR for ID & data collection and POS hardware & software
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Digital iD
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Digital iD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Digital Id Comparisons
Competitors of Digital iD
Digital iD 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 Entrust, TeleSign, Signicat, WebID and Incode, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of digital identity management solutions
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| domain | founded_year | HQ Location |
Cloud-based API for user verification and risk assessment is provided.
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| domain | founded_year | HQ Location |
Software solutions for identity management are provided via APIs.
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| domain | founded_year | HQ Location |
Online identity verification and digital signature services are offered.
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| domain | founded_year | HQ Location |
AI-powered biometric verification and authentication solutions are delivered globally.
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| domain | founded_year | HQ Location |
Provider of identity verification solutions and forensic devices
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Digital Id
Frequently Asked Questions about Digital iD
When was Digital iD founded?
Digital iD was founded in 2016.
Where is Digital iD located?
Digital iD is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does Digital iD do?
Digital iD was founded in 2016 in Melbourne, Australia, within the fintech sector focused on identity authentication. Anti-money laundering solutions are offered to enterprises, enabling online identity verification through smartphone applications. User information is controlled and verified via these tools, which are compatible with Android and iOS platforms. Operations center on secure digital identity management for compliance purposes.
Who are the top competitors of Digital iD?
What products or services does Digital iD offer?
Digital iD offers Digital iD App and AML Solutions.
Who are Digital iD's investors?
Digital iD has 1 investor. Key investors include BarcodesInc.