We're thrilled to announce that Onfido, an Entrust company dedicated to making digital identity simple, has successfully raised $182,000,000 in new funding. This milestone is a testament to our longstanding commitment to revolutionizing how businesses and consumers interact in the digital space. At Onfido, we believe that a seamless digital verification process should empower businesses to provide secure, accessible services to everyone. Our Real Identity Platform blends multiple verification methods through an intuitive no-code, orchestration layer that combines document and biometric verifications, trusted data sources, and passive fraud signals, ensuring that our clients can confidently meet risk management, friction reduction, and regulatory standards.
The new funds will be invested in accelerating the development and expansion of our cutting-edge solutions, including further enhancements to Onfido Atlas™ AI. Our proprietary AI, honed over a decade in-house, powers the end-to-end identity verification that is both fair and remarkably fast, delivering accurate and robust verification results for users across diverse industries. By continuing to innovate and scale our technology, we are set to open new avenues for businesses to tailor their identity verification processes to individual user and market needs. This investment strengthens our mission to simplify digital identities and promote secure access to vital services worldwide. As we embark on this next phase of growth, we remain committed to providing businesses and individuals with the trusted, flexible, and forward-thinking solutions they need in an ever-evolving digital landscape.
