Prembly

Lagos, Nigeria Founded: 2018 • Age: 8 yrs
AI-based KYC and identification solutions are offered to businesses.
Annual revenue - Latest available
Total funding $125,000 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Prembly

Prembly is a company based in Lagos (Nigeria) founded in 2018. Prembly has raised $125 thousand across 1 funding round from investors including Y Combinator. Prembly has completed 1 acquisition, including Tunnel. Prembly operates in a competitive market with competitors including Onfido, Perfios, HID Global, IDfy and Trulioo, among others.

  • Headquarter Lagos, Nigeria
  • Sectors
    Financial Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $125 K (USD)

    in 1 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Jun 01, 2022

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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People of Prembly

Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Simbiat Odeniyi
B2b Senior Sales Manager
People
Tolu Adetuyi
Cofounder/chief Innovation Officer
People
Lanre Ogungbe
CEO
People
Rotimi Olaosebikan
Assistant Head, Engineering

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Funding Insights of Prembly

Prembly has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 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 Prembly

Prembly has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Locked Locked Locked
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Investor details for Prembly

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Prembly

Prembly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tunnel.

Investments
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Investment portfolio details for Prembly

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
API development services are provided by Tunnel in Lagos, Nigeria.
Locked Locked 2022 Locked
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Complete acquisition details for Prembly

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Prembly

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Detailed financials for Prembly

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  • Profit trends
  • Statement rows
  • Financial ratios

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Prembly Comparisons

Prembly Primary company
Description
AI-based KYC and identification solutions are offered to bus...
Location
Lagos, Nigeria
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Prembly

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Competitors of Prembly

Prembly 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 Onfido, Perfios, HID Global, IDfy and Trulioo, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Identity verification solutions are provided, including document and biometric authentication.
Locked Locked Locked
Provides financial technology solutions for data analysis and verification globally.
Locked Locked Locked
Cloud-based physical identity and access management systems are developed.
Locked Locked Locked
Identity verification, background screening, and fraud prevention solutions are provided.
Locked Locked Locked
Identity verification platform
Locked Locked Locked
AI-powered automation is offered for document analysis and identity verification.
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Detailed competitors of Prembly

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  • Domains and locations
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Latest news on Prembly

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Complete news archive for Prembly

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Prembly

Prembly was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Prembly is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Prembly is a funded company, having raised a total of $125K across 1 funding round to date.

Prembly was founded in 2018 in Lagos, Nigeria, as an AI-based platform focused on KYC and identification services. Compliance with AML and KYC regulations is maintained while fraud protection is provided against online scams and malicious activities. Tools and services for regulatory adherence are enabled, with key products including Identity Pass, Identity Form, and Identity Radar, serving businesses in the fintech and security sectors.

Prembly's top competitors include Perfios, IDfy and Signicat.

Prembly has made 1 acquisition, including Tunnel.

Prembly has 1 investor. Key investors include Y Combinator.

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