• FOUNDING YEAR: 2010
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    18 Oct, 2019
    Phone:
    +1 650-424-8545

Description

FOCUS

PRODUCTS & SERVICES:
Jumio offers NetVerify Identity Solutions that include: ID Document Verification: The platform fuses artificial intelligence, computer vision, and ID experts to determine the authenticity of an ID document. The NetVerify ID verification platform can be easily integrated with a company’s existing workflows via a simple API call. Identity Verification: It leverages biometric facial recognition, liveness detection, and live verification experts to compare a selfie to the picture on the ID supplied. It conducts three different types of checks for the authentication process like eyeball tracking (users have to follow an icon on the mobile screen with their eyes as it moves in a random pattern), validity check (authenticity of selfie), and similarity check (match with the user’s selfie). Document Verification: NetVerfiy Document verification enables users to perform a high-quality scan through their smartphone in order to acquire, extract, and verify data from the documents such as utility and bank statements.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
United Airlines, Airbnb, EasyJet, Entropay, Gyft.com, Mr. Green, yobetit.com, Betfair
EXISTING PARTNERSHIPS:
TJP Advisory & Management Services

PEOPLE

FOUNDERS:
Daniel Mattes
Board Members and Advisors:
Thomas Kastenhofer, Chad Starkey, Scott Weiss, Eduardo Saverin, Ramneek Gupta, Peng T. Ong, Zain Khan, Mark Britto, Maarten Linthorst, Kishore Ganji
NUMBER OF EMPLOYEES:
501-1000
INVESTORS:
SharesPost Investment Management, Citi ventures, Kishor Ganji, Andreesen Horowitz, Eduardo Saverin

TRACTION

VALUATION / MARKET CAP:
$192.31 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$35.3 Millions
DATE OF LAST FUNDING:
Aug 2016
TOTAL FUNDING COMMENT:
Debt financing: $3.7 M(2016) & Total venture funding: $16.37 M(2016)
FUNDING SERIES:
SERIES A
$6.5 Millions Closed: Mar 2011
SERIES B
$28.8 Millions Closed: May 2012
LISTED:
NO

LATEST RESEARCH