Ubble.ai has raised $14.0M in total across 2 funding rounds.
Ubble.ai's investors include Breega, Felix Capital, Partech Ventures, #SecretFund.
Ubble.ai develops a SaaS platform for secure online identity verification, leveraging video streaming, computer vision, and AI to validate user identities frictionlessly.[1][2][4] It serves businesses in high-security sectors like banking, finance, credit, and mobility, solving fraud prevention during onboarding by automating video-based checks of identity documents and faces, which has verified millions of identities and detected over a million fraud attempts in beta.[1][2] Founded in 2018 in Paris, France, Ubble raised $15.76M before being acquired by Checkout.com in May 2022, enabling seamless integration and high client satisfaction in reducing fraud losses.[1][2]
Ubble.ai was founded in 2018 in Paris by innovators spotting a market gap in online identity verification, where traditional video call centers required human operators.[1] CEO Erwan Wyss emphasized building an AI-driven solution inspired by the Hubble telescope's "exceptional vision," aiming for reliability matching face-to-face checks through live video streaming automated by deep learning trained on billions of facial and document templates.[1] Early traction came from beta testing that verified over 10 million identities and flagged more than one million frauds, leading to adoption by major firms and culminating in its 2022 acquisition by Checkout.com.[1]
Ubble.ai rides the surge in digital onboarding amid rising online fraud in fintech, crypto, and mobility, where regulations demand robust KYC/AML compliance without user drop-off.[1][2] Its timing aligns with AI advancements in computer vision post-2018, filling the void left by manual processes and static verifiers like Sumsub, enabling businesses to scale securely in a post-pandemic remote-first world.[1] By integrating into ecosystems like Checkout.com, it influences fraud prevention standards, pushing competitors toward video-AI hybrids and fostering trust in digital transactions across Europe and beyond.[1][2]
Post-acquisition, Ubble.ai will likely expand within Checkout.com's payments ecosystem, enhancing global fraud tools for fintech and beyond.[1] Trends like AI regulation (e.g., EU AI Act) and zero-trust security will favor its compliant, high-accuracy model, potentially driving integrations with emerging sectors like Web3 and decentralized finance. Its influence may evolve from standalone verifier to core infrastructure, solidifying frictionless identity as essential for secure digital economies—echoing its founding vision of telescope-like precision in an era of escalating cyber threats.
Ubble.ai has raised $14.0M across 2 funding rounds. Most recently, it raised $11.0M Seed in June 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2020 | $11.0M Seed | Breega, Felix Capital, Partech Ventures, #SecretFund | |
| May 1, 2019 | $3.0M Seed |