About ID R&D
ID R&D is a company based in New York (United States) founded in 2016 was acquired by Mitek in June 2021.. ID R&D has raised $5.7 million across 1 funding round from investors including Mitek, GSR Ventures and Taver Capital. ID R&D offers products and services including IDLive Face, IDLive Doc, and IDVoice. ID R&D operates in a competitive market with competitors including BitGo, Megvii, Yoti, LifeLock and HYPR, among others.
- Headquarter New York, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
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Website
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Social
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- Legal Name Id R&D Inc.
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Products & Services of ID R&D
ID R&D offers a comprehensive portfolio of products and services, including IDLive Face, IDLive Doc, and IDVoice. 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.
Detects facial spoofing attacks for secure authentication.
Prevents document fraud in digital onboarding processes.
Verifies user identity through voice for fraud prevention.
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Funding Insights of ID R&D
ID R&D has successfully raised a total of $5.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.7 million completed in May 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 Total Funding
- Total Rounds 1
- Last Round Series A — $5.7M
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First Round
First Round
(30 May 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2019 | Amount | Series A - ID R&D | Valuation | GSR Ventures |
| 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 |
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Investors in ID R&D
ID R&D has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Mitek, GSR Ventures and Taver Capital. 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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Early-stage tech startups are invested in by GSR Ventures.
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Founded Year | Domain | Location | |
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Early-stage AI startups are funded by this venture capital firm.
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AI-based identity verification solutions are provided for various sectors.
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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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Venture capital is directed toward companies in multiple sectors.
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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 ID R&D
| 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 - ID RD
| 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 |
Id R&D Comparisons
Competitors of ID R&D
ID R&D 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 BitGo, Megvii, Yoti, LifeLock and HYPR, 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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Crypto-based custody, trading, and lending services are provided to institutions.
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Facial recognition and AI video analysis solutions are provided.
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Identity verification solutions are provided for multiple industries digitally.
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Identity theft is protected and prevented through cyber monitoring services.
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Passwordless multi-factor authentication and identity assurance solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Id R&D
Frequently Asked Questions about ID R&D
When was ID R&D founded?
ID R&D was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is ID R&D located?
ID R&D is headquartered in New York, United States. It is registered at New York, New York, United States.
Is ID R&D a funded company?
ID R&D is a funded company, having raised a total of $5.7M across 1 funding round to date. The company's 1st funding round was a Series A of $5.7M, raised on May 30, 2019.
What does ID R&D do?
Provider of biometric authentication and anti-spoofing software development kits. The company develops facial, voice, and document liveness detection software. It offers tools for digital onboarding, strong customer authentication, and fraud prevention. The companys products are used for biometric login, chatbot security, call center authentication, and physical access authentication. The company provides software that detects presentation and injection attacks. It also offers voice biometric authentication integrated with messaging platforms and chatbots.
What products or services does ID R&D offer?
ID R&D offers IDLive Face, IDLive Doc, and IDVoice.
Who are ID R&D's investors?
ID R&D has 3 investors. Key investors include Mitek, GSR Ventures, and Taver Capital.
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