About iProov
iProov is a company based in London (United Kingdom) founded in 2011 by Andrew Bud. 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 as of December 31, 2023. iProov offers products and services including Biometric Solution Suite and Liveness Detection. iProov operates in a competitive market with competitors including Megvii, Unico, Evrotrust, Oosto and 1Kosmos, among others.
- Headquarter London, United Kingdom
- Employees 169 as on 31 Dec, 2023
- Founders Andrew Bud
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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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 Iproov Limited
- Date of Incorporation 30 Nov, 2011
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$29.28 M (USD)22as on Dec 31, 2023
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Net Profit
-$11.93 M (USD)-22as on Dec 31, 2023
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EBITDA
-$13.95 M (USD)-24as on Dec 31, 2023
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Total Equity Funding
$85.13 M (USD)
in 9 rounds
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Latest Funding Round
$6.98 M (USD), Series B
Nov 30, 2023
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Investors
Homeland Security
& 14 more
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Employee Count
169
as on Dec 31, 2023
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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
People of iProov
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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.
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.
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JRJ Group is recognized as a growth-oriented private equity investor.
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Aviation and border security services are provided by DHS.
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Investor details for iProov
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Investments & Acquisitions by iProov
Investment portfolio details for iProov
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Financial Statements - iProov
Detailed financials for iProov
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Iproov Comparisons
Peer comparison for iProov
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Competitors of iProov
iProov 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 Megvii, Unico, Evrotrust, Oosto and 1Kosmos, among others.
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Facial recognition and AI video analysis solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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AI-based identity verification and electronic signing are provided for businesses.
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AI-powered video analytics systems are provided for security and operations.
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Blockchain-based passwordless authentication is delivered for customers.
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Detailed competitors of iProov
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Latest news on 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 current CEO of iProov. They have also founded this company.
iProov is a funded company, having raised a total of $85.13M across 9 funding rounds to date.
As of Dec 31, 2023, the latest employee count at iProov is 169.
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.