About Id-Pal
Id-Pal is a company based in Dublin (Ireland) founded in 2016 by Robert O'Farrell and James Otoole. Id-Pal has raised $12.02 million across 10 funding rounds from investors including Deciphex, Cubic Telecom and Scurri. Id-Pal has completed 1 acquisition, including NorthRow. Id-Pal offers products and services including Identity Document Verification, Facial Matching, Biometrics, Liveness Testing, and AML Screening. Id-Pal operates in a competitive market with competitors including Perfios, Signicat, IDnow, Onfido and Entrust, among others.
- Headquarter Dublin, Ireland
- Founders Robert O'Farrell, James Otoole
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Sectors
TechnologyFinancial 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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Annual Revenue
$1.81 M (USD)0as on Dec 31, 2022
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Net Profit
-$1.51 M (USD)-15as on Dec 31, 2022
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EBITDA
-$1.51 M (USD)-15as on Dec 31, 2022
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Total Equity Funding
$12.02 M (USD)
in 10 rounds
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Latest Funding Round
$7.11 M (USD), Series A
Jul 09, 2022
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Investors
Deciphex
& 23 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Id-Pal
Id-Pal offers a comprehensive portfolio of products and services, including Identity Document Verification, Facial Matching, Biometrics, Liveness Testing, and AML Screening.
Instantly checks authenticity of identity documents for fraud detection.
Confirms facial matches to verify user identity accurately.
Performs biometric checks for secure identity confirmation.
Detects real persons to prevent presentation attack fraud.
Screens for high-risk entities to ensure anti-money laundering compliance.
People of Id-Pal
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Funding Insights of Id-Pal
Id-Pal has successfully raised a total of $12.02M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $7.11 million completed in July 2022. 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.
Investors in Id-Pal
Id-Pal has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Deciphex, Cubic Telecom and Scurri.
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Investor details for Id-Pal
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- Investor domains
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Investments & Acquisitions by Id-Pal
Id-Pal has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NorthRow.
Investment portfolio details for Id-Pal
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- Portfolio identities
- Transaction dates
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Compliance and anti-fraud solutions for identity theft are provided.
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Complete acquisition details for Id-Pal
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Id-Pal
Detailed financials for Id-Pal
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Id-Pal Comparisons
Peer comparison for Id-Pal
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Competitors of Id-Pal
Id-Pal 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 Perfios, Signicat, IDnow, Onfido and Entrust, among others.
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Provides financial technology solutions for data analysis and verification globally.
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Software solutions for identity management are provided via APIs.
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Automated and expert-led identity verification services are provided.
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Identity verification solutions are provided, including document and biometric authentication.
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Provider of digital identity management solutions
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Facial recognition and AI video analysis solutions are provided.
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Detailed competitors of Id-Pal
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Latest news on Id-Pal
Complete news archive for Id-Pal
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Frequently Asked Questions about Id-Pal
Id-Pal was founded in 2016.
Id-Pal is headquartered in Dublin, Ireland.
James Otoole is the current CEO of Id-Pal. They have also founded this company.
Id-Pal is a funded company, having raised a total of $12.02M across 10 funding rounds to date.
Annual revenue of Id-Pal is $1.81M as on Dec 31, 2022.
Id-Pal was founded in 2016 in Dublin, Ireland, within the identity verification sector. An online platform is operated to support verification processes. Links are distributed to clients for secure document uploads using smartphones. Various ID verification checks are conducted, resulting in a compiled single-page report for review. Operations focus on facilitating efficient identity confirmation for businesses across digital channels.
Id-Pal offers Identity Document Verification, Facial Matching, Biometrics, Liveness Testing, and AML Screening.
Id-Pal has made 1 acquisition, including NorthRow.
Id-Pal has 24 investors. Key investors include Deciphex, Cubic Telecom, Scurri, SilverCloud, and City Swift.