Onfido
Onfido
| ISIN | 🆔 |
|---|---|
| Founded 📆 | 2012 |
| Founders 👔 | Husayn Kassai, Eamon Jubbawy, Ruhul Amin |
| Headquarters 🏙️ | , London, UK |
Area served 🗺️ | |
| Services | Identity verification |
| Members | |
Number of employees | 150 |
| 🌐 Website | https://onfido.com |
| 📇 Address | |
| 📞 telephone | |
Onfido is a software company headquartered in London with offices in San Francisco, Lisbon, and Delhi.[1]. The company was founded in 2012 by three Oxford University alumni – Husayn Kassai, Eamon Jubbawy, and Ruhul Amin[2] – who met while running the Oxford Entrepreneurs Society.
Onfido’s identity verification service uses machine learning to compare a person’s identity document with their facial biometrics. The technology is commonly used by financial service businesses for KYC purposes. Checks are currently offered in 192 countries for global customers including Zipcar, Couchsurfing, Revolut, and Square.
Funding
After receiving seed investment from the Oxford University Innovation and Saïd Business School, Onfido raised $4.5 million in Series A funding led by Wellington Partners in 2015[3][4][5]. Idinvest Partners led a $25m Series B funding round in 2016[6][7][8][9]
In 2017, Onfido raised a Series C round of a further $30m[10][11][12], bringing total investment to $60m. Investors included Crane Ventures and Microsoft Ventures, as well as existing investors Salesforce Ventures and Idinvest Partners. It was the first European investment for Microsoft Ventures.[13]
Team
Onfido CEO and Co-Founder Husayn Kassai sits on the Advisory Committee of the Oxford Seed Fund and the All Party Parliamentary Group on AI. COO and Co-Founder Eamon Jubbawy is Deputy Chair of Tech City UK's Fintech Delivery Panel.
In 2016, Kassai, Jubbawy, and Amin were named among Forbes' ‘30 Under 30’[14], and won the Startups Awards’ ‘Young Entrepreneur of the Year’[15]. Kassai was listed among Business Insider's 100 Coolest People in UK Tech[16] in 2017.
In October 2017, Onfido announced several new hires to its senior management team, including former Executive Director of the Wikimedia Foundation, Lila Tretikov, as Independent Board Director[17]
References
- ↑ "Onfido | Identity Verification and Background Checks". onfido.com. Retrieved 2017-03-29.
- ↑ "Onfido | crunchbase". www.crunchbase.com. Retrieved 2017-03-29.
- ↑ Lawler, Ryan. "Onfido Raises $4.5 Million To Take Its Automated Background Checks Global". TechCrunch. Retrieved 2017-03-29.
- ↑ "Spotify backers raise $4.5 for Onfido". Growth Business. 2015-02-18. Retrieved 2017-03-29.
- ↑ "Wellington Partners Venture Capital - Portfolio". www.wellington-partners.com. Archived from the original on 2011-10-28. Retrieved 2017-03-29.
- ↑ Lunden, Ingrid. "UK's Onfido raises $25M as it brings its background checking platform to the US". TechCrunch. Retrieved 2017-03-29.
- ↑ "A London startup set up by 3 Oxford grads has raised $25 million for its background checking platform". Business Insider. Retrieved 2017-03-29.[permanent dead link]
- ↑ K2, Agence. "Idinvest Partners | A partner for company growth". www.idinvest.com. Retrieved 2017-03-29.
- ↑ Kharpal, Arjun (2016-04-14). "Identity check start-up for 'Uberized' world raises $25M". CNBC. Retrieved 2017-03-29.
- ↑ Lunden, Ingrid. "Onfido raises $30M more for its AI-based identity verification technology". TechCrunch. Retrieved 2017-11-08.
- ↑ Kharpal, Arjun (2017-09-28). "Microsoft backs a start-up that uses selfies to verify your identity online in a $30 million round". CNBC. Retrieved 2017-11-08.
- ↑ Field, Matthew (2017-09-28). "Onfido secures £22m for ID checking business with backing from Microsoft". The Telegraph. ISSN 0307-1235. Retrieved 2017-11-08.
- ↑ "Microsoft invests in Onfido, an AI-based identity verification technology - MSPoweruser". MSPoweruser. 2017-09-29. Retrieved 2017-11-08.
- ↑ Upbin, Bruce. "Eamon Jubbawy, 24, Husayn Kassai, 26, Ruhul Amin, 28 - pg.16". Forbes. Retrieved 2017-11-08.
- ↑ "Young Entrepreneur of the Year 2016 - Startups Awards by Startups.co.uk: Start up a successful business". Startups Awards by Startups.co.uk: Start up a successful business. 2016-11-17. Retrieved 2017-11-08.
- ↑ "The 100 coolest people in UK tech". Business Insider. Retrieved 2017-11-08.[permanent dead link]
- ↑ "Cornerstone launches TV advert and Onfido makes key hires". Young Guns by Startups.co.uk: Start up a successful business. 2017-10-30. Retrieved 2017-11-08.
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