ID.me, a Mclean, VA-based digital identity network provider, recently raised an impressive $132 million in Series D funding. This round of investment, led by Viking Global Investors and featuring participation from CapitalG, Morgan Stanley Counterpoint, FTV Capital, PSP Growth, Auctus Investment Group, Moonshots Capital, and Scout Ventures, brings the company’s total funding to over $240 million since its inception in 2010. The additional funds will be utilized to expand the company’s operations and business reach.
CEO Blake Hall leads ID.me in its mission to empower consumers with a secure and easy way to access online services and benefits while maintaining control over their personal data. The company offers a secure login, identity proofing, and community affiliation verification solution for various organizations across different sectors. ID.me‘s technology adheres to federal standards for consumer authentication set by the Commerce Department and has been approved as a NIST 800-63-3 IAL2 / AAL2 credential service provider by the Kantara Initiative.
Currently, over 100 million members can use their ID.me Wallet to verify their identity across 30 states, 14 federal agencies, and more than 500 name-brand retailers.
In addition to the funding news, ID.me has announced the appointment of Samantha Greenberg as Chief Financial Officer. Greenberg brings over 20 years of experience in leading financial operations, analyzing private and public technology and consumer companies, and scaling high-growth businesses to her new role at ID.me. With this latest round of funding and a new CFO on board, ID.me is well-positioned to continue its growth and strengthen its digital identity network for the benefit of consumers and organizations alike.