ID.me introduced a $132 million funding spherical, bringing its whole raised to $240 million.
The corporate has introduced on Samantha Greenberg as CFO.
In the present day’s information comes per week after the corporate reached a significant milestone– reaching 100 million registered wallets on its platform.
Digital identification community ID.me introduced it closed a $132 million funding spherical this week. The funding boosts the Virginia-based firm’s whole funding to $240 million.
Viking International Traders led the spherical, which additionally noticed participation from CapitalG, Morgan Stanley Counterpoint, FTV Capital, PSP Progress, Auctus Funding Group, Moonshots Capital, and Scout Ventures. ID.me has not specified what the funds will probably be used for.
Together with at the moment’s funding announcement, ID.me additionally revealed it has appointed Samantha Greenberg as Chief Monetary Officer. Greenberg is changing Rachael Brinker, who was quickly filling the CFO position after the corporate’s former CFO Rajat Bahri vacated the place final summer time.
Greenberg brings greater than 20 years of expertise main monetary operations, analyzing personal and public know-how and shopper corporations, and scaling high-growth companies. Most just lately, she served as CFO of Mint Home and has additionally held positions at Citadel, Goldman Sachs, Paulson & Co. Greenberg, and Margate Capital Administration LP– which she based.
“We’re lucky to have Samantha be part of our senior management workforce, given her glorious monitor report in rising corporations to serve their prospects and enterprise companions,” mentioned ID.me Co-founder and CEO Blake Corridor. “Her experience will help our mission to supply our greater than 100 million members with a secure and safe digital identification credential facilitating entry throughout companies, advantages, healthcare and commerce with out promoting their private information. Samantha is becoming a member of our workforce on the proper time, after we closed our Collection D funding and surpassed 100 million members. These are large milestones towards our imaginative and prescient to streamline entry to advantages and companies whereas guaranteeing no identification is left behind.”
ID.me was based in 2010 to function a digital identification pockets that helps customers show and share their identities on-line with out disclosing extra private data. The corporate maintains a digital identification community that features 14 federal businesses and 500+ retail manufacturers, all of which use ID.me to confirm prospects’ identities and affiliations. ID.me’s ID pockets helps customers show they belong to sure affiliated teams, reminiscent of trainer, pupil, first responder, or army veteran. Final week, ID.me achieved a significant milestone, reaching 100 million digital wallets registered on its platform.
Photograph by Pixabay
