Incognia is a cybersecurity company specializing in privacy-first identity solutions for fraud prevention and user authentication. It builds Incognia ID, a core product that combines device fingerprinting, location intelligence, and tamper detection to recognize users across devices, even after factory resets, delivering 99.999999% identification accuracy and up to 6X ROI for customers.[1][2][5] Serving gig economy platforms like food delivery (e.g., Delivery Hero, Favor), ride-hailing, marketplaces, e-commerce, financial services, and social media, Incognia solves mobile fraud challenges such as account takeover, location spoofing, device farms, and policy abuse while ensuring frictionless experiences for legitimate users.[2][3][5] The company has demonstrated strong growth momentum, securing partnerships with global brands, reducing fraud losses significantly, and scaling to hundreds of millions of users across markets.[1][5]
Incognia evolved from In Loco, a Brazilian company founded in 2014 that pioneered precise indoor location technology, earning recognition from Microsoft and IEEE.[2][4] Rebranded as Incognia in 2020 and headquartered in Palo Alto, California, with teams in New York and Brazil, it shifted focus to identity and fraud prevention.[1][2][4] Key leader André Ferraz, formerly a Business Analyst at Deloitte with a BS in Computer Science from Universidade Federal de Pernambuco, drives the vision of effortless, secure digital interactions without relying on personally identifiable information (PII).[2][3] The idea emerged from creating a dynamic "location fingerprint"—a behavioral biometric pattern from location data—that decouples real-world identity from digital ones, addressing rising mobile fraud as apps became central to commerce.[4] Early traction came from proprietary tech integration into mobile and web apps worldwide, evolving precision to 17X better than facial recognition like FaceID.[1][3]
Incognia rides the explosive growth of mobile commerce and gig economy apps, where fraudsters exploit location spoofing, account sharing, and device tampering amid rising digital transactions.[3][5] Timing is ideal as regulations demand privacy (e.g., no PII) and platforms prioritize seamless UX over intrusive checks like biometrics, which Incognia outperforms.[1][4] Market forces like sophisticated fraud evolution and half-billion-user scale favor its proactive, behavioral biometrics over reactive tools.[1][3] It influences the ecosystem by enabling platforms like Delivery Hero to secure 7X ROI, cut losses, and protect revenue/retention, setting a new standard for "DNA-like" identity in cybersecurity.[1][5]
Incognia is poised to dominate mobile fraud prevention as AI-driven attacks intensify and privacy laws tighten, expanding Incognia ID into emerging sectors like social media and IoT. Trends like ubiquitous computing and cross-device ecosystems will amplify its edge, potentially capturing more of the $100B+ fraud market through global partnerships and precision upgrades.[3][4] Its influence may evolve from niche innovator to infrastructure layer, powering safe digital economies—much like how its location fingerprint redefined identity from static fingerprints to dynamic biometrics.[1][2]
Incognia has raised $47.0M in total across 2 funding rounds.
Incognia's investors include Angelic Ventures, Anthemis Group, Bessemer Venture Partners, Ali Tamaseb, Haun Ventures, Nascent, Pitchdrive, Point72 Ventures, SparkLabs Group, Uncork Capital, Underscore VC, Balaji Srinivasan.
Incognia has raised $47.0M across 2 funding rounds. Most recently, it raised $31.0M Series B in January 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2024 | $31.0M Series B | Angelic Ventures, Anthemis Group, Bessemer Venture Partners, Ali Tamaseb, Haun Ventures, Nascent, Pitchdrive, Point72 Ventures, SparkLabs Group, Uncork Capital, Underscore VC, Balaji Srinivasan, Boris Bogaert, Mo El-Bibany, Sean Park | |
| Jun 1, 2022 | $16.0M Series A | Angelic Ventures, Anthemis Group, Ali Tamaseb, Haun Ventures, Nascent, Point72 Ventures, SparkLabs Group, Uncork Capital, Underscore VC, Balaji Srinivasan, Mo El-Bibany, Sean Park |
