Jumio
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $1.4m | Early VC | |
$6.5m | Series A | ||
$25.5m | Series B | ||
$3.3m | Series B | ||
N/A | Secondary | ||
$3.7m | Debt | ||
N/A | Acquisition | ||
$15.0m | Early VC | ||
$150m | Growth Equity VC | ||
Total Funding | CAD275m |
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Recent News about Jumio
EditJumio provides advanced identity verification and authentication solutions designed to fight fraud, maintain compliance, and streamline customer onboarding processes. Leveraging artificial intelligence, face-based biometrics, computer vision, and certified liveness detection, Jumio's technology ensures the highest accuracy rates in verifying real-world identities. The company serves a diverse range of clients, including financial institutions, online marketplaces, and sharing economy platforms, operating in a global market that spans over 200 countries and territories. Jumio's business model is primarily subscription-based, offering its services through a SaaS (Software as a Service) platform. Revenue is generated from recurring subscription fees and usage-based pricing models. By automating identity verification and KYC (Know Your Customer) processes, Jumio helps businesses onboard customers faster while reducing the risk of fraud and ensuring regulatory compliance.
Keywords: AI, biometrics, identity verification, fraud prevention, compliance, KYC, SaaS, liveness detection, computer vision, global reach.