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Incode Technologies

Incode Technologies

Identity verification and authentication platform

About

Incode Technologies provides an identity verification and authentication platform that helps businesses identify legitimate users and prevent fraud. The platform uses an AI-driven, fully automated system to offer quick and seamless verification for genuine users, while also providing tools to re-engage customers and boost conversions. Incode's technology includes advanced features like deepfake detection and deterministic identity checks, making it effective against sophisticated fraud attempts. Their Verify solution is designed for enterprises to manage customer verifications throughout the user journey, while Incode Workforce uses facial biometrics for secure employee authentication. Additionally, Incode Age Assurance assists companies in adhering to age-related regulations. The goal of Incode is to enhance security and compliance for businesses, allowing them to focus on growth.

Company Stage

Series B

Employees

201-500

Industries

Government & Public Sector, Cybersecurity, AI & Machine Learning

Total Funding

$257.1M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • Recognition by Gartner and NIST positions Incode as a leader in identity verification technology, reflecting strong market credibility and growth potential.
  • The acquisition of MetaMap and expansion into Brazil indicate Incode's aggressive growth strategy and potential for increased market share.
  • Strategic partnerships with companies like Simpello and MaxBet highlight Incode's ability to innovate and adapt its solutions to various industries, enhancing its market reach and customer base.

What critics are saying

  • The competitive landscape of identity verification technology is intense, with numerous players vying for market share, which could impact Incode's growth.
  • Rapid expansion and acquisitions pose integration challenges that could strain resources and affect operational efficiency.

What makes Incode Technologies unique

  • Incode Technologies stands out by integrating advanced AI-driven identity verification solutions, which have been recognized as the top global solution for age estimation and verification by NIST.
  • The acquisition of MetaMap enhances Incode's capabilities, creating a larger trust network and expanding its market share across North and Latin America.
  • Incode's partnerships with industry leaders like MaxBet and Aristotle Integrity demonstrate its commitment to enhancing security and operational efficiency in niche markets such as iGaming and sports betting.

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Growth & Insights
Headcount

6 month growth

11%

1 year growth

17%

2 year growth

41%

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