About Idfy
Idfy is a company based in Bergen (Norway) founded in 2012 was acquired by Signicat in July 2019.. The company has 150 employees as of December 31, 2019. Idfy operates in a competitive market with competitors including WISeKey, Thor Technologies, Mypinpad, Capy and Cryptovision, among others.
- Headquarter Bergen, Norway
- Employees 150 as on 31 Dec, 2019
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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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Social
*********
- Legal Name Signicat As
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Funding Insights of Idfy
| 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 Idfy
Idfy has secured backing from 1 investor. Prominent investors backing the company include Signicat. 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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Software solutions for identity management are provided via APIs.
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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 Idfy
| 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 - Idfy
| 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 |
Idfy Comparisons
Competitors of Idfy
Idfy 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 WISeKey, Thor Technologies, Mypinpad, Capy and Cryptovision, 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 |
Secure digital identity solutions are provided for IoT and blockchain.
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| domain | founded_year | HQ Location |
Identity management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Payment security solutions via PIN authentication
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| domain | founded_year | HQ Location |
JavaScript and Python-based puzzle CAPTCHAs for authentication are developed.
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| domain | founded_year | HQ Location |
Cryptography and electronic identity solutions are provided for global security.
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| domain | founded_year | HQ Location |
Role-based access control is provided for extranet applications.
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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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Frequently Asked Questions about Idfy
When was Idfy founded?
Idfy was founded in 2012.
Where is Idfy located?
Idfy is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
Who is the current CEO of Idfy?
Stein-Olav Davidsen is the current CEO of Idfy.
How many employees does Idfy have?
As of Dec 31, 2019, the latest employee count at Idfy is 150.
What is the annual revenue of Idfy?
Annual revenue of Idfy is $56.75M as on Dec 31, 2022.
What does Idfy do?
Idfy was established in 2012 in Bergen, Norway, as a provider of security solutions. Authentication processes are facilitated through tools for building secure sign-ins and verifying user identities. Document integrity is protected via immutable tamper-proof logging for critical events, ensuring evidence trails remain unaltered. These offerings are applied in industries including banking, insurance, healthcare, and manufacturing to support operational security.
Who are the top competitors of Idfy?
Idfy's top competitors include WISeKey, Mypinpad and Cryptovision.
Who are Idfy's investors?
Idfy has 1 investor. Key investors include Signicat.