ShareID has raised $2.0M in total across 1 funding round.
ShareID's investors include NewFund, XAnge, Frederic Montagnon, Sebastien Borget.
ShareID is a technology company specializing in Authentication-as-a-Service solutions that enable real-time digital identity verification using patented AI-based technology and biometric chain encryption. Their platform verifies government-issued IDs and authenticates users through simple biometric interactions, such as a smile, without storing personal or biometric data. This approach addresses identity fraud and inefficient verification processes, serving sectors like financial services, e-commerce, government, hospitality, and real estate. ShareID’s solution improves user experience, increases conversion rates, and enhances data security, with over 120 countries supported and a 92% first-attempt success rate[2][3][7].
Founded in 2020 in Paris by Sara Sebti and Sawsen Rezig, ShareID emerged from Sara Sebti’s personal frustration with cumbersome identity verification processes, such as losing access to her bank account when changing her phone number. Combining expertise in AI, law, and data science, the founders developed a privacy-first authentication platform that does not store user data but creates reusable digital identities linked to official ID documents. Early traction includes securing France’s Ministry of the Interior as a client for the 2024 Olympic and Paralympic Games, validating their technology’s robustness and trustworthiness[2][5][7].
ShareID rides the growing global trend toward digital identity verification and privacy-centric authentication amid rising cybersecurity threats and regulatory demands for data protection. The timing is critical as businesses and governments seek secure, user-friendly, and compliant solutions to combat identity fraud and streamline digital interactions. ShareID’s approach aligns with market forces favoring decentralized, reusable digital identities and biometric authentication, positioning it as a key player influencing standards in digital trust and secure online access[3][6][7].
Looking ahead, ShareID aims to expand aggressively into the US and other international markets, leveraging its patented technology and privacy-first model to disrupt the massive customer authentication market. Trends such as increasing regulatory scrutiny on data privacy, growing demand for seamless digital experiences, and the rise of biometric authentication will shape their journey. ShareID aspires to become a decentralized login standard akin to "Connect with Google," potentially redefining digital trust and identity verification globally[5][7]. Their influence is likely to grow as digital identity becomes foundational to secure online ecosystems across industries.
ShareID has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in January 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2023 | $2.0M Seed | NewFund, XAnge, Frederic Montagnon, Sebastien Borget |
