About iProov
iProov is an Industrial Goods & Manufacturing company based in London (United Kingdom) founded in 2011 by Andrew Bud. Biometric solutions for online identity verification are provided. It operates in the Industrial Goods & Manufacturing, Financial Services, and Technology sectors. iProov has raised $85.13 million across 9 funding rounds from investors including Homeland Security, European Union and Sumeru Equity Partners. The company has 169 employees. iProov was last valued at $41.8 million in August 2019. Its chief executive, as recorded, is Andrew Bud. Its website iproov.com draws about 67 thousand monthly visits. iProov offers products and services including Biometric Solution Suite and Liveness Detection. Its focus areas include Enterprise Infrastructure, Cybersecurity, IAM and Biometrics. Its legal entity is IPROOV LIMITED.
Company details
iProov was founded in 2011 in London, United Kingdom. Science-based biometric technologies are developed for remote onboarding and authentication. Biometric capture, matching, and liveness detection are included in the offerings to address deepfakes and identity fraud. Solutions are applied across industries for multi-factor authentication and digital identity management. Operations focus on security standards within the identity verification sector.
- Headquarters London, United Kingdom
- Employees 169
- Founders Andrew Bud
- Stage Minicorn
- SectorsIndustrial Goods & ManufacturingFinancial Services Technology
- Email••••••••
- Phone•••• ••••
- Website iproov.com
- Social LinkedIn X Facebook
- Legal Name Iproov Limited
- Date of Incorporation 30 Nov, 2011
- Jurisdiction LONDON, ENGLAND
- Annual Revenue$29.28 M (USD)22as on Dec 31, 2023
- Net Profit-$11.93 M (USD)-22as on Dec 31, 2023
- EBITDA-$13.95 M (USD)-24as on Dec 31, 2023
- Total Equity Funding$85.13M (USD)
in 9 rounds
- Latest Funding Round$6.98M (USD), Series B
Nov 2023
- InvestorsHomeland Security
& 14 more
- Employee Count169
Products & Services of iProov
iProov offers a comprehensive portfolio of products and services, including Biometric Solution Suite and Liveness Detection.
Provides tools for remote onboarding and liveness detection
Ensures real-time biometric verification against deepfakes
Funding Insights of iProov
iProov has successfully raised a total of $85.13M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $6.98 million completed in November 2023. 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 $85.13M
- Total Rounds 9
- Last Round Series B — $6.98M
- Investors Count 15
All 9 funding rounds of iProov with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $6.98M | Series B | – | – | – |
| Dec 2021 | $70M | Series B | – | – | |
| Jun 2020 | $198,407 | Grant | – | – | |
| Aug 2019 | $6.1M | Series A | $41.8M | – | – |
| Jan 2018 | $590,787 | Grant | – | – | |
| Apr 2017 | $948,029 | Angel Round | $14.93M | Peter Michael Sugarman | |
| Mar 2015 | $1.1M | Seed | $••••• | Jeremy Isaacs, Sippchoice | |
| Feb 2015 | Seed | – | – | – | |
| Dec 2014 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2019 | $41.8M | •••••••• |
| Apr 2017 | $14.93M | •••••••• |
| Mar 2015 | $••••• | •••••••• |
Full valuation and stage history of iProov
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $41.8M (Aug 2019). 15 investors in total: 5 institutional and 10 angel.
Investors in iProov
iProov has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Homeland Security, European Union and Sumeru Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Buyouts are targeted by this private equity investment firm. | sumeruequity.com | San Mateo, United States | ||
JRJ Group is recognized as a growth-oriented private equity investor. | 2009 | jrjgroup.com | London, United Kingdom | |
Aviation and border security services are provided by DHS. | 2002 | dhs.gov | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provides investment management services focused on retirement planning. | 2009 | sippchoice.co.uk | Godalming, United Kingdom | |
JM Jacapo Moretti | unknown_d872a6f5f0584c4bb | |||
RB Roger Bernheim | unknown_9d3cffadfcd24553b | |||
SB Shiva Bernheim | unknown_d313728b77cb4301b | |||
EV Erik van Loo | unknown_757788b1e5e4469bb | |||
JG Jordan Giddings | unknown_ce1a7d2c0fd44b779 |
Investor details for iProov
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of iProov
102 people are tracked at iProov (41 in leadership, 6 in board & advisors, 55 in team); the tracked headcount is 169.
| Name | Role | Group |
|---|---|---|
Andrew Bud | Founder & CEO | Leadership |
Nicole Rowe | Chief Marketing Officer | Leadership |
Dominic Forrest | CTO | Leadership |
Simon Williamson | Chief Revenue Officer | Leadership |
Andrew Newell | Chief Scientific Officer | Leadership |
James Noonan | VP Of Sales, Americas | Leadership |
Cassandra Sawyers | Operational Director | Leadership |
Neil Illingworth | Head Of Special Projects | Leadership |
Joe Palmer | Chief Innovation Officer | Leadership |
Brandon Haug | Head Of Customer Success Management, Global | Leadership |
Mike Summers | VP Sales, EMEA | Leadership |
Jatin Desai | Vice President Of Global Customer Success | Leadership |
Martin Dooley | Head Of Operations And Governance | Leadership |
Axel Striesow | Head Of Platform | Leadership |
Richard Green | Head Of Android | Leadership |
Dr Przemyslaw Szeptycki (Shamek) | Vice President Of Research | Leadership |
Andrew W. | Talent Acquisition Partner | Leadership |
Zara C. | Senior Organisational Development Partner | Leadership |
Adam Grayson | Vice President Of U.s. Public Sector | Leadership |
Ozgur Ozserin | Head Of Product Design | Leadership |
82 more people are available in the full profile.
Complete people profiles for iProov
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of iProov
4 dated milestones of iProov across 12 years, from founding to its latest funding, stage changes and deals.
- Founded iProov is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $7.0M.
Web traffic of iProov
The website of iProov (iproov.com) receives about 66.7K visits a month.
- Monthly visits66.7K
▼ 20.7% vs previous month
Websites whose visitors overlap most with iProov. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
synergy.vc | synergy.vc | 100% | – | ||
| idnow.io | 93% | 164.6K | #274,408 | View details | |
| complyadvantage.com | 93% | 162.4K | #203,243 | View details | |
| jumio.com | 93% | 266.8K | #139,626 | View details | |
| dowjones.com | 93% | 3.6M | #17,988 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for iProov
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- 9 similar websites
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Related news about Iproov
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Frequently Asked Questions about iProov
iProov was founded in 2011 and raised its 1st funding round 3 years after it was founded.
iProov is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Andrew Bud is the CEO of iProov, as recorded in our data. They have also founded this company.
iProov is a funded company, having raised a total of $85.13M across 9 funding rounds to date.
iProov has 169 employees.
Annual revenue of iProov is $29.28M as on Dec 31, 2023.
iProov was founded in 2011 in London, United Kingdom. Science-based biometric technologies are developed for remote onboarding and authentication. Biometric capture, matching, and liveness detection are included in the offerings to address deepfakes and identity fraud. Solutions are applied across industries for multi-factor authentication and digital identity management. Operations focus on security standards within the identity verification sector.
iProov offers Biometric Solution Suite and Liveness Detection.
iProov has 15 investors. Key investors include Homeland Security, European Union, Sumeru Equity Partners, Jacapo Moretti, and Roger Bernheim.
The valuation of iProov is $41.8M as of Aug 2019.
iProov operates through Iproov Limited.