SheerID

SheerID

Identity marketing and eligibility verification platform

About SheerID

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

Industries

Data & Analytics

Consulting

Consumer Goods

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$92M

Headquarters

Eugene, Oregon

Founded

2011

Overview

SheerID focuses on identity marketing by helping businesses verify the eligibility of specific consumer groups, such as military personnel, students, and first responders, for personalized promotions. The platform connects to a global network of 9,000 data sources for instant verification, ensuring that only qualified individuals receive offers. This approach not only enhances customer acquisition and loyalty but also reduces fraud by preventing unauthorized claims. SheerID aims to provide tailored experiences for consumers while safeguarding their personal information.

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Simplify's Take

What believers are saying

  • Growing demand for personalized marketing solutions boosts SheerID's market potential.
  • Expansion of e-commerce increases opportunities for SheerID's identity verification services.
  • Partnerships with companies like Flyla enhance SheerID's reach in the student market.

What critics are saying

  • Emerging identity verification startups could erode SheerID's market share.
  • Rapid AI advancements may outpace SheerID's current technological capabilities.
  • Stricter data privacy regulations could challenge SheerID's data handling practices.

What makes SheerID unique

  • SheerID offers real-time verification using a network of 9,000 authoritative data sources.
  • The platform targets specific consumer groups with personalized offers, enhancing customer loyalty.
  • SheerID's ISO/IEC 27701:2019 certification underscores its commitment to data privacy and security.

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Funding

Total Funding

$92M

Above

Industry Average

Funded Over

5 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
GeekWire
Dec 10th, 2024
Tech Moves: Microsoft vet joins Expedia as new product chief; Avanade names president

Portland, Ore.-based identity verification company SheerID hired Carter Lassy as chief product officer.

Silicon Canals
Sep 30th, 2024
SheerID Celebrates Triple Honors: Inc. 5000 Listing and Industry Awards for Campaigns with SONIC and Lufthansa

IMRG also named SheerID as Silver winner for their European ecommerce award for "Best Cross-Border Roll Out."

SheerID
Sep 23rd, 2024
Flyla and SheerID Partner to Bring Seamless Student Verification and Specialized Fares to Airlines

Portland, OR - September 23, 2024 - SheerID, the global leader in identity verification for commerce, is excited to announce a partnership with Flyla, a leading provider of exclusive student flight fares.

Globe Timeline
Sep 14th, 2024
SheerID hires new revenue chief, Sana's CFO resigns, Seattle HR veteran starts new company

Rebecca Grimes has been appointed as the new chief revenue officer at SheerID, a Portland, Oregon-based identity verification company.

Silicon Florist
Jun 3rd, 2024
SheerID names new CEO

But this was a big announcement, so I thought I'd share: SheerID has appointed Stephanie Copeland Weber CEO.

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