About Encompass
Encompass is a company based in Glasgow (United Kingdom) founded in 2011. It operates as a SaaS (Software-as-a-Service), and Managed Services. Encompass has raised $197.68 million across 12 funding rounds from investors including BNP Paribas, Scottish Enterprise and Perennial Partners. The company has 206 employees as of December 31, 2020. Encompass has completed 2 acquisitions, including Blacksmith! and CoorpID. Encompass offers products and services including EC360 Platform, EC Public Automation, EC Private Outreach, and EC CoorpID. Encompass operates in a competitive market with competitors including Signifyd, IDnow, Onfido, ThreatMetrix and Riskified, among others.
- Headquarter Glasgow, United Kingdom
- Employees 206 as on 31 Dec, 2020
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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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Social
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- Legal Name Encompass Corporation
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Annual Revenue
$9.12 M (USD)28as on Dec 31, 2021
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Net Profit
$-11.14 M (USD)-205as on Dec 31, 2021
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EBITDA
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Total Equity Funding
$197.68 M (USD)
in 12 rounds
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Latest Funding Round
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Investors
BNP Paribas
& 9 more
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Employee Count
206
as on Dec 31, 2020
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Investments & Acquisitions
Blacksmith!
& 1 more
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Products & Services of Encompass
Encompass offers a comprehensive portfolio of products and services, including EC360 Platform, EC Public Automation, EC Private Outreach, and EC CoorpID. 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.
Corporate identity verification is automated for banking compliance.
Public KYC data is collated for seamless compliance.
Client communication is streamlined for secure document exchange.
Corporate verification is enhanced with digital identity profiles.
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Funding Insights of Encompass
Encompass has successfully raised a total of $197.68M across 12 strategic funding rounds. 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 12
- Last Round Last Round
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First Round
First Round
(22 Sep 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series B - Encompass | Valuation | BNP Paribas |
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| Dec, 2023 | Amount | Series B - Encompass | Valuation |
investors |
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| Jun, 2023 | Amount | Series B - Encompass | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Encompass
Encompass has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BNP Paribas, Scottish Enterprise and Perennial Partners. 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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Investment is focused on critical technologies and infrastructure by Serendipity Capital.
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Founded Year | Domain | Location | |
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Beacon Equity Partners is engaged in private equity investments focused on fintech.
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Founded Year | Domain | Location | |
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Investments in Australian companies are managed by Adcock Private Equity.
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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 Encompass
Encompass has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Blacksmith! and CoorpID. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-enabled KYC and customer due diligence solutions for multiple sectors
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2019 | ||||
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KYC software solutions
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Encompass
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Encompass Comparisons
Competitors of Encompass
Encompass 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 Signifyd, IDnow, Onfido, ThreatMetrix and Riskified, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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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 |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Fraud prevention and context based authentication solution
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Cloud-based treasury management and fraud prevention solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Encompass
Frequently Asked Questions about Encompass
When was Encompass founded?
Encompass was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Encompass located?
Encompass is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.
Is Encompass a funded company?
Encompass is a funded company, having raised a total of $197.68M across 12 funding rounds to date. The company's 1st funding round was a Series B of $5.1M, raised on Sep 22, 2016.
How many employees does Encompass have?
As of Dec 31, 2020, the latest employee count at Encompass is 206.
What is the annual revenue of Encompass?
Annual revenue of Encompass is $9.12M as on Dec 31, 2021.
What does Encompass do?
Encompass Corporation is focused on delivering Corporate Digital Identity (CDI) and Know Your Customer (KYC) solutions primarily for banking and financial sectors. Process automation is utilized to streamline KYC onboarding, customer due diligence, and perpetual KYC processes. Comprehensive risk profiles are created by consolidating public and private data. Solutions such as EC360, EC Public Automation, and EC Private Outreach are offered to enhance compliance and client lifecycle management. Integration with existing tech stacks is supported for seamless digital transformation. Services are extended to corporate, investment, and commercial banking sectors, addressing regulatory demands and improving client experiences.
Who are the top competitors of Encompass?
What products or services does Encompass offer?
Encompass offers EC360 Platform, EC Public Automation, EC Private Outreach, and EC CoorpID.
How many acquisitions has Encompass made?
Encompass has made 2 acquisitions, including Blacksmith!, and CoorpID.
Who are Encompass's investors?
Encompass has 10 investors. Key investors include BNP Paribas, Scottish Enterprise, Perennial Partners, Microequities, and Serendipity Capital.
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