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§ Private Profile · Dublin, Dublin, Ireland
SaaS identity verification platform providing real-time online identity verification for businesses, focused on global KYC/AML compliance.
ID-Pal, a Dublin, Ireland-based company with New York, London, and Lisbon offices, provides real-time online identity verification for businesses. Its AI-powered SaaS platform leverages biometric facial matching, liveness testing, and document checks for KYC/AML compliance in 200 countries and jurisdictions. Serving over 30 industries, ID-Pal has grown to over 70 employees, doubling its customer base globally and tripling identities verified in 2022, with UK revenue exceeding 30% of total. Backed by Enterprise Ireland and other European/US investors, ID-Pal secured Series A funding in 2022, facilitating a US market launch in 2023. Key leadership includes CEO Colum Lyons, CTO Rob O’Farrell, and CBO James O'Toole. Founded in 2018 by Colum Lyons. Its business model centers on saaS platform with off-the-shelf branded apps for SMEs and customizable API/SDK integrations for enterprises, generating revenue from identity verification services.
ID-Pal has raised $8.3M across 2 funding rounds.
ID-Pal has raised $8.3M in total across 2 funding rounds.
ID-Pal has raised $8.3M in total across 2 funding rounds.
ID-Pal's investors include Inspire Investments, Act Venture Capital.
ID-Pal has raised $8.3M across 2 funding rounds. Most recently, it raised $7.1M Series A in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 13, 2022 | $7.1M Series A | Inspire Investments | Act Venture Capital |
| Sep 28, 2020 | $1.2M Other Equity | Act Venture Capital |