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Top 10 Identity Management Unicorns in 2024

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The Identity Management industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.

Many of these successes have turned into unicorns — private companies worth over $1 billion.

If you want to build the next unicorn in the Identity Management space, these 10 companies should be your inspiration.

10 Identity Management Unicorns Companies

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1) Socure

Socure

The Socure predictive analytics platform helps digital identity verification providers prevent fraud for consumers in accordance with new international regulations.

Details of the startup:

  • Valuation: $4.50B (March 2021)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2012
  • Founders: Johnny Ayers, Sunil Madhu
  • Number of employees: 250-500
  • Funding: $648.25M
  • Funding rounds: 14
  • Number of investors: 30

You can find their website here.

2) Transmit Security

Transmit Security

Transmit Security offers risk management and passwordless identity solutions for customers and workforce.

Details of the startup:

  • Valuation: $2.74B (June 2021)
  • Country: Israel
  • City: Tel Aviv
  • Started in: 2014
  • Founders: Mickey Boodaei, Rakesh K. Loonkar
  • Number of employees: 250-500
  • Funding: $583.00M
  • Funding rounds: 2
  • Number of investors: 9

You can find their website here.

3) Unico

Unico

unico IDtech is a Brazilian identification technology company that offers facial biometrics and digital admission solutions.

Details of the startup:

  • Valuation: $2.60B (August 2021)
  • Country: Brazil
  • City: Sao Paulo
  • Started in: 2007
  • Founders: Diego Torres Martins, Paulo Roberto de Alencastro Junior
  • Number of employees: 500-1,000
  • Funding: $235.94M
  • Funding rounds: 3
  • Number of investors: 5

You can find their website here.

4) Trulioo

Trulioo

Trulioo is an online verification company that operates a digital identity network deploying security and privacy standards.

Details of the startup:

  • Valuation: $1.75B (June 2021)
  • Country: Canada
  • State: British Columbia
  • City: Vancouver
  • Started in: 2011
  • Founders: Stephen Ufford, Tanis Jorge
  • Number of employees: 500-1,000
  • Funding: $469.74M
  • Funding rounds: 8
  • Number of investors: 15

You can find their website here.

5) Veriff

Veriff

Veriff is an online identity verification company that protects businesses and their customers from online identity fraud.

Details of the startup:

  • Valuation: $1.50B (January 2022)
  • Country: Estonia
  • City: Tallinn
  • Started in: 2015
  • Founders: Janer Gorohhov, Kaarel Kotkas
  • Number of employees: 250-500
  • Funding: $192.32M
  • Funding rounds: 7
  • Number of investors: 18

You can find their website here.

6) Persona

Persona

Persona is an identity platform that helps business verify customer identities that brings trust to online interactions.

Details of the startup:

  • Valuation: $1.50B (September 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2018
  • Founders: Charles Yeh, Rick Song
  • Number of employees: 100-250
  • Funding: $217.50M
  • Funding rounds: 4
  • Number of investors: 12

You can find their website here.

7) ID.me

ID.me

ID.me is a private network of websites, companies and online applications that have come together to create an ecosystem for your digital identity. This ecosystem allows users to bypass the lengthy identification process by securely storing their information in one central location.

Details of the startup:

  • Valuation: $1.50B (March 2021)
  • Country: United States
  • State: Virginia
  • City: McLean
  • Started in: 2010
  • Founders: Blake Hall, Matthew Thompson, Tanel Suurhans
  • Number of employees: 1,000-5,000
  • Funding: $273.07M
  • Funding rounds: 20
  • Number of investors: 33

You can find their website here.

8) Incode Technologies

Incode Technologies

Incode Technologies is a real-life verification company that specializes in omnichannel biometric identity.

Details of the startup:

  • Valuation: $1.25B (December 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2015
  • Founders: Ricardo Amper
  • Number of employees: 100-250
  • Funding: $255.00M
  • Funding rounds: 4
  • Number of investors: 12

You can find their website here.

9) Teleport

Teleport

Teleport access plane is a platform that combines connectivity, authentication, authorisation, and auditing.

Details of the startup:

  • Valuation: $1.10B (May 2022)
  • Country: United States
  • State: California
  • City: Oakland
  • Started in: 2015
  • Founders: Alexander Klizhentas, Ev Kontsevoy, Taylor Wakefield
  • Number of employees: 101-250
  • Funding: $169.20M
  • Funding rounds: 5
  • Number of investors: 11

You can find their website here.

10) Beyond Identity

Beyond Identity

Beyond Identity offers passwordless identity management solutions to assist in the security of digital businesses.

Details of the startup:

  • Valuation: $1.10B (February 2022)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2020
  • Founders: James Clark, Thomas Jermoluk
  • Number of employees: 101-250
  • Funding: $205.00M
  • Funding rounds: 3
  • Number of investors: 7

You can find their website here.

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