Incode Technologies is a company.
Incode Technologies has raised $245.0M across 2 funding rounds.
Key people at Incode Technologies.
Incode Technologies has raised $245.0M in total across 2 funding rounds.
Key people at Incode Technologies.
Incode Technologies has raised $245.0M in total across 2 funding rounds.
Incode Technologies's investors include 50 Partners Impact, DN Capital, Partech Ventures.
Incode Technologies is a San Francisco-based identity verification company that builds the Incode Omni platform, an AI-powered, end-to-end omnichannel solution for secure authentication, onboarding, and fraud prevention.[1][2][3][4] It serves enterprises including financial institutions, governments, fintechs, banks, resorts, hotels, hospitals, and marketplaces, solving critical problems like fraud, KYC/AML compliance, and deepfake threats through frictionless biometric verification, passive liveness detection, facial recognition, and document authentication.[1][2][3][4] The company has shown strong growth momentum, achieving unicorn status in 2021 with a $1.25B valuation, expanding globally, completing acquisitions (MataMap in 2024 and AuthenticID in 2025), and earning consecutive Gartner Magic Quadrant leadership recognitions in 2024 and 2025, while processing 4.1B+ identity checks annually.[1][4]
With 600+ employees across 25+ nationalities, Incode emphasizes a "fraud-free mindset" and "one identity everywhere" vision, powering seamless experiences that boost conversion and protect privacy via superior AI models top-ranked by NIST for speed and accuracy.[1][3][4]
Incode was founded on June 17, 2015, in San Francisco by Ricardo Amper, its CEO, with the mission to transform identity verification into a secure, seamless process.[1] Amper's vision emerged from recognizing gaps in online authentication, leading to the 2017 launch of its first AI-powered biometric authentication solution.[1]
Pivotal moments include 2019's introduction of leading liveness detection technology and becoming the first company to pass iBeta Level 1 certification for passive liveness; 2021's unicorn achievement via Series B funding and global financial partnerships; 2022's iBeta Level 2 success and advanced 3D mask detection; 2024's Gartner leadership, MataMap acquisition, and 2025's AuthenticID acquisition plus repeat Gartner and Liminal recognitions.[1] This trajectory reflects rapid evolution from startup to enterprise leader in identity tech.[1][2]
Incode stands out in identity verification through proprietary AI, massive data scale, and enterprise-grade reliability. Key strengths include:
These enable "zero-friction, total trust" across customer and business use cases.[4]
Incode rides the explosive growth of digital identity verification amid rising AI-driven fraud, deepfakes, and regulatory demands for KYC/AML in fintech, government, and beyond.[2][4] Timing is ideal as global digital onboarding surges post-pandemic, with enterprises needing scalable defenses against sophisticated threats—Incode's biometric innovations like passive liveness position it ahead of fingerprint-only or basic recognition tools.[1][2][3]
Market forces favoring Incode include exploding identity fraud costs, biometric tech maturation (e.g., NIST/iBeta standards), and AI's dual role as threat and solution.[2][3][4] It influences the ecosystem by setting benchmarks for frictionless, privacy-focused verification used by top banks/governments, accelerating secure digital economies and "one identity everywhere."[1][2]
Incode is primed for continued dominance, leveraging its data moat, AI edge, and acquisitions to expand Omni into emerging areas like AI-era trust decisions and global business verification.[1][4] Trends like deepening deepfake battles, stricter compliance, and omnichannel biometrics will propel growth, potentially through more M&A or IPO paths. Its influence may evolve to shape standards for universal, secure identities, redefining trust in a hyper-digital world—echoing its founding vision of eliminating fraud before it starts.[1]
Incode Technologies has raised $245.0M across 2 funding rounds. Most recently, it raised $220.0M Series B in December 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2021 | $220.0M Series B | 50 Partners Impact, DN Capital, Partech Ventures | |
| Mar 1, 2021 | $25.0M Series A | 50 Partners Impact, DN Capital, Partech Ventures |
