Onfido

London, United Kingdom Founded: 2012 • Age: 14 yrs Minicorn Acquired By Entrust
Identity verification solutions are provided, including document and biometric authentication.

About Onfido

Onfido is a Technology company based in London (United Kingdom) founded in 2012 by Ruhul Amin and Husayn Kassai, and was acquired by Entrust in February 2024. Identity verification solutions are provided, including document and biometric authentication. It operates in the Technology and Financial Services sectors. Onfido has raised $242.38 million across 13 funding rounds from investors including Entrust, SoftBank Group and TPG. The company has 516 employees. Onfido has completed 2 acquisitions, including Airside Mobile and Eyn. Onfido was last valued at $429.02 million in April 2020. Its chief executive, as recorded, is Husayn Kassai. Its website onfido.com draws about 1.1 million monthly visits. Its focus areas include FinTech, RegTech, KYC and Enterprise Infrastructure. Its legal entity is ONFIDO LTD.

Company details

Onfido was founded in 2012 in London, United Kingdom, as a provider in the identity verification sector. Solutions for document and biometric authentication are offered, alongside tools for workflow orchestration, data verification, and fraud detection. Secure customer onboarding and regulatory compliance are enabled through these products. Operations support digital transformation in government and enterprise settings across various regions.

  • Headquarters London, United Kingdom
  • Employees 516
  • Founders Ruhul Amin, Husayn Kassai
  • Stage Acquired
  • Sectors
    Technology
    Financial Services
  • Website category Jobs and Career · Jobs and Employment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website onfido.com
  • Social LinkedIn X Facebook
  • Acquired by Entrust (Feb 2024)
  • Legal Name Onfido Ltd
  • Date of Incorporation 29 Dec, 2010
  • Jurisdiction LONDON, ENGLAND
Key Metrics
  • Annual Revenue
    $119.09 M (USD)
    3
    as on Jan 31, 2023
  • Net Profit
    -$31.33 M (USD)
    42
    as on Jan 31, 2023
  • EBITDA
    -$36.75 M (USD)
    32
    as on Jan 31, 2023
  • Total Equity Funding
    $242.38M (USD)

    in 13 rounds

  • Latest Funding Round
    $6.55M (USD), Grant

    Aug 2020

  • Investors
    Entrust

    & 25 more

  • Employee Count
    516
  • Investments & Acquisitions
  • Acquired by
    Entrust

    (Feb 2024)

Funding Insights of Onfido

Onfido has successfully raised a total of $242.38M across 13 strategic funding rounds. The most recent funding activity was a Grant round of $6.55 million completed in August 2020. 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 $242.38M
  • Total Rounds 13
  • Last Round Grant β€” $6.55M
  • First Round $313,000

    (Aug 2012)

  • Investors Count 25

Latest 10 of 13 funding rounds of Onfido with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020$6.55MGrant––
Apr 2020$105.17MSeries D$429.02MTPG
Apr 2019$50MSeries C–SoftBank Group
Mar 2019$5.26MSeries C–Augmentum Fintech
–
Sep 2018$17.6MSeries C––
–
Feb 2018$3.7MSeries C$104.89M–
–
Sep 2017$30MSeries C–Crane Venture Partners
Aug 2016Series B–Talis Capital, Salesforce Ventures
–
Apr 2016$25MSeries B–Idinvest Partners
Feb 2015$4.5MSeries A–Wellington Partners Venture Capital
Valuation history
DateValuationStage
Apr 2020$429.02Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2018$104.89Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $429.02M (Apr 2020). 26 investors in total: 19 institutional and 7 angel.

Investors in Onfido

Onfido has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Entrust, SoftBank Group and TPG.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Fund of funds focused on pre-seed and seed-stage companies
1992tpg.comFort Worth, United States
Venture capital fund investing in tech startups
taliscapital.comLondon, United Kingdom
Venture capital investments in technology startups are facilitated by M12.
m12.vcSan Francisco, United States
Investments in early-stage software companies are managed by the firm.
crane.vcLondon, United Kingdom
Early-stage tech-focused VC firm investing primarily in the US
tuesday.vcSan Francisco, United States
Equity investments are provided to low and middle market companies.
1997idinvest.comParis, France
Investments are made in early-stage tech companies by Acequia Capital.
acecap.comSeattle, United States
Venture capital firm focused on fintech and B2B SaaS companies
fin.capitalSan Francisco, United States
Venture capital funds are managed to support unlisted companies' growth.
sbinvestment.co.jpMinato City, Japan
Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
salesforceventures.comSan Francisco, United States
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Investor details for Onfido

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People of Onfido

609 people are tracked at Onfido (158 in leadership, 6 in board & advisors, 445 in team); the tracked headcount is 516.

NameRoleGroup
Ruhul Amin
Co-FounderLeadership
Co-Founder & CEOLeadership
Rishi K.
Chief Information OfficerLeadership
Stephanie M Derdouri
Vice President, Security Governance Risk And ComplianceLeadership
Tony Ball
President, Payments & IdentityLeadership
Harini Gokul
Chief Customer OfficerLeadership
Kurt Ishaug
CFOLeadership
Karen Kaukol
CMOLeadership
Anudeep Parhar
COO, DigitalLeadership
Miguel Vitorino
VP Of EngineeringLeadership
Marc Airo-Farulla
APAC Sales Vice President - Digital Security SolutionsLeadership
Patrick Tabourin
Director Strategic AlliancesLeadership
Cassy O.
Senior Human Resources Business PartnerLeadership
Eric H.
Director Of Business Operations | Digital Card SolutionLeadership
Michael Chiviendacz
Director, Professional Services, Architecture And DevelopmentLeadership
John Grimm
Vice President Of Strategic AlliancesLeadership
Todd Wilkinson
CEOLeadership
Kannan Sasi
Director Of EngineeringLeadership
Lisa Tibbits
Chief Legal & Compliance OfficerLeadership
Emily Ehlebracht
Director, Human ResourcesLeadership

589 more people are available in the full profile.

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Investments & Acquisitions by Onfido

Onfido has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Airside Mobile and Eyn.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Mobile transaction platform for airport passengers is provided.
airsidemobile.comArlington, United States2009May 2023β€’β€’β€’β€’
AI-based multi-modal biometrics authentication solutions are provided for user security.
eyn.visionLondon, United Kingdom2016Oct 2021β€’β€’β€’β€’
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Complete acquisition details for Onfido

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  • Deal sources
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Verified entity values are shown only after access is granted.

Timeline of Onfido

7 dated milestones of Onfido across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Onfido is founded.
  2. Funding First funding round of $313K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Grant, of $6.5M.
  5. Acquisition Acquires Eyn.
  6. Acquisition Acquires Airside Mobile.
  7. Exit Acquired by Entrust.

Web traffic of Onfido

The website of Onfido (onfido.com) receives about 1.1M visits a month and ranks #53,530 among all websites worldwide, #681 in Jobs and Employment.

  • Monthly visits
    1.1M

    ▲ 6.4% vs previous month

  • Unique visitors
    473.9K

    per month

  • Global rank
    #53,530

    among all websites

  • Category rank
    #681

    Jobs and Career · Jobs and Employment

Similar websites

Websites whose visitors overlap most with Onfido. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fourthline.com
100%
167.8K#279,532View details
docaposte.com
99%
404.5K#96,167View details
search.tedata.net
search.tedata.net
95%
–
showwcase.com
94%
#4,578,756View details
simplyhired.co.uk
simplyhired.co.uk
94%
#48,690–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

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Related news about Onfido

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Frequently Asked Questions about Onfido

Onfido was founded in 2012.

Onfido is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Husayn Kassai is the CEO of Onfido, as recorded in our data. They have also founded this company.

Onfido is a funded company, having raised a total of $242.38M across 13 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Aug 2012.

Onfido has 516 employees.

Annual revenue of Onfido is $119.09M as on Jan 31, 2023.

Onfido was founded in 2012 in London, United Kingdom, as a provider in the identity verification sector. Solutions for document and biometric authentication are offered, alongside tools for workflow orchestration, data verification, and fraud detection. Secure customer onboarding and regulatory compliance are enabled through these products. Operations support digital transformation in government and enterprise settings across various regions.

Onfido has made 2 acquisitions, including Airside Mobile, and Eyn.

Onfido has 26 investors. Key investors include Entrust, SoftBank Group, TPG, University of Oxford, and Idinvest Partners.

The valuation of Onfido is $429.02M as of Apr 2020.

Onfido operates through Onfido Ltd.

Yes. Onfido was acquired by Entrust in February 2024.

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