Vouched

Vouched

Digital identity verification using AI technology

About

Vouched.id specializes in digital identity verification solutions that help businesses confirm the identities of their customers online. The company uses technologies like artificial intelligence and computer vision to make the verification process faster and more secure. This is especially important for industries such as automotive, eCommerce, and finance, where accurate identity checks are crucial to prevent fraud and comply with regulations. Vouched.id's services allow clients to authenticate customers for various purposes, such as car rentals or online purchases, enhancing the overall customer experience. Unlike many competitors, Vouched.id operates on a subscription and usage-based pricing model, charging clients based on the number of successful verifications, which aligns its revenue with the value provided. The company's goal is to streamline identity verification while ensuring high levels of security and privacy, using advanced encryption methods to protect sensitive data.

Company Stage

Seed

Employees

11-50

Industries

Cybersecurity, AI & Machine Learning, Financial Services

Total Funding

$15.2M

Headquarters

N/A

Founded

2018


Simplify Jobs

Simplify's Take

What believers are saying

  • Winning 'Startup of the Year' from Hackernoon highlights Vouched.id's innovation and leadership in the digital identity verification space.
  • The appointment of industry veteran David O'Toole as Vice President of Revenue Growth and Customer Success is likely to accelerate market presence and customer engagement.
  • Vouched.id's involvement in humanitarian efforts, such as providing identity verification services for refugees, showcases its commitment to social impact and broadens its market reach.

What critics are saying

  • The rapidly growing digital identity verification market is highly competitive, requiring continuous innovation to maintain a leading position.
  • Dependence on AI and computer vision technologies means that any significant advancements by competitors could erode Vouched.id's competitive edge.

What makes Vouched unique

  • Vouched.id leverages advanced AI and computer vision technologies to offer highly accurate and efficient identity verification solutions, setting it apart from traditional methods.
  • The company's subscription and usage-based pricing model aligns its revenue with client success, providing a win-win scenario that is not commonly seen in the industry.
  • Vouched.id's strong emphasis on security and privacy, including the use of AES 256 and TLS encryption, makes it a trusted partner for industries handling sensitive data.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

0%

2 year growth

19%

Benefits

Remote work

Stock options

Flexible PTO

Comprehensive Insurance

401(k)

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