Middesk

Middesk

Business identity platform for KYB automation

About Middesk

Simplify's Rating
Why Middesk is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Financial Services

Company Size

51-200

Company Stage

Series B

Total Funding

$77.1M

Headquarters

South San Francisco, California

Founded

2019

Overview

Middesk provides a business identity platform that automates Know Your Business (KYB) checks to give a comprehensive, accurate view of customers. Clients access data via APIs and a configurable dashboard. It differentiates itself with an API-first, scalable KYB automation that delivers a single trusted view tailored to onboarding and risk checks. Its goal is to help financial institutions and tech companies speed up onboarding, reduce manual work, and stay compliant.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Socure integration on July 26, 2022, combines KYB with KYC analytics.
  • Backbase partnership embeds KYB into banking platforms for credit unions.
  • NayaOne Marketplace expands reach to regional banks and fintechs.

What critics are saying

  • Socure erodes KYB share with superior KYC in 6-12 months.
  • Alloy captures fintech clients like Plaid using machine learning now.
  • FinCEN rules enable Plaid to integrate KYB internally by 2026.

What makes Middesk unique

  • Middesk provides 100% U.S. Secretary of State coverage via APIs.
  • Middesk Agents automate verification, underwriting, and monitoring workflows.
  • Middesk powers majority of B2B neobanks and top U.S. financial institutions.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$77.1M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$57M
Middesk
$65M
Substack
$100M
ClickUp

Benefits

Medical, dental, & vision coverage

Unlimited PTO

Stock-options

401(k)

Parental leave

Hybrid work

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

5%

2 year growth

0%
Greenlite AI
Jun 27th, 2025
Streamlining KYB: Greenlite AI Partners with Middesk to Accelerate Due Diligence

Streamlining KYB: Greenlite AI partners with Middesk to accelerate due diligence.

PR Newswire
Jun 17th, 2025
Inc. Names Middesk To Its 2025 Best Workplaces List

Business identity company honored for building a culture of ownership, innovation, and impactSAN FRANCISCO, June 17, 2025 /PRNewswire/ -- Middesk, the business identity platform trusted by hundreds of financial institutions, announced today that it has been named to Inc.'s 2025 Best Workplaces list, recognizing companies with exceptional cultures that drive innovation and performance.This year's list, featured on Inc.com, reflects a comprehensive measurement and evaluation of American companies that stand out amongst others in creating exceptional workplaces and company cultures."We believe the best companies are built by teams that think like owners," said Kyle Mack, Middesk's co-founder and CEO. "At Middesk, that mindset drives how we hire, how we work, and how we grow. This recognition reflects the ambition, talent, and hustle that our team brings to solving hard problems, together."The award selection process, conducted by Quantum Workplace, included a rigorous employee survey assessing management effectiveness, workplace perks, professional development opportunities, and overall company culture. Company benefits were also independently audited to determine overall scores and rankings."Inc.'s Best Workplaces program celebrates the exceptional organizations whose workplace cultures address their employees' welfare and needs in meaningful ways," says Bonny Ghosh, editorial director at Inc. "As companies expand and adapt to changing economic forces, maintaining such a culture is no small feat. Yet these honorees have not only achieved it—they continue to elevate the employee experience through thoughtful benefits, engagement, and a deep commitment to their teams." To view the full list of winners, visit Inc.com.Middesk provides the critical data and infrastructure financial institutions and B2B platforms need to verify, onboard, and grow their business customer base

PR Newswire
Mar 20th, 2025
Middesk Named A 2025 Fast Company World'S Most Innovative Company

Leading Business Identity Platform Recognized for Revolutionizing Business Verification and Risk AssessmentNEW YORK, March 18, 2025 /PRNewswire/ -- Middesk , a premier business identity platform, today announced it has been named to Fast Company's prestigious list of the World's Most Innovative Companies for 2025. Each year, Fast Company spotlights the companies redefining industries through technology and bold innovation. This recognition highlights Middesk's pivotal role in modernizing Know-Your-Business (KYB) for financial institutions, fintechs, marketplaces, and beyond.As financial institutions and businesses face rising fraud risks and increasingly complex compliance requirements, Middesk is leading the way with a suite of products that enable companies to verify business legitimacy, assess risk with confidence, and make faster, more informed decisions. Middesk helps financial institutions and businesses reduce fraud, accelerate onboarding, and unlock new revenue opportunities while meeting compliance obligations."Being named one of the World's Most Innovative Companies is a testament to Middesk's relentless focus on solving one of the biggest challenges in business today—trust," said Kyle Mack , CEO and co-founder of Middesk. "Verification isn't just about compliance—it's a competitive advantage. Our mission is to provide instant access to all of the data, insights, and documents needed to onboard and transact with any business in the world

Snappt
Feb 5th, 2025
Snappt Strengthens Fraud Detection with Know Your Business (KYB) Checks

Now, by partnering with Middesk, Snappt is taking its fraud detection efforts to the next level.

Tearsheet
Nov 6th, 2024
Announcing the 2024 Tearsheet Lending Awards Winners

Middesk won Tearsheet's Best Data Product for Lenders award for transforming business verification in lending.

Recently Posted Jobs

Sign up to get curated job recommendations

Middesk is Hiring for 13 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →