Full-Time
Posted on 11/19/2024
Digital identity verification for secure access
$248.8k - $295.9kAnnually
Expert
Mountain View, CA, USA
Onsite, 5 days/week.
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ID.me provides a platform for digital identity verification, allowing individuals to prove and share their identity online. Users create a verified digital identity that can be used to access various services and discounts from partner companies. This process helps businesses ensure that only eligible individuals receive specific offers, which reduces fraud and enhances security. ID.me primarily serves military personnel, first responders, students, teachers, nurses, medical professionals, and government employees, making it particularly valuable in sectors like e-commerce, healthcare, government services, and education. Unlike its competitors, ID.me focuses on building trust between businesses and customers by offering a streamlined verification process that complies with regulatory requirements. The company's goal is to simplify identity verification while providing secure access to services and discounts for its users.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$279.5M
Headquarters
McLean, Virginia
Founded
2010
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
401(k) Company Match
401(k) Retirement Plan
Parental Leave
Employee Assistance Program
Pet Insurance
Travel Assistance Program
Wellbeing and Childcare Discounts
Referral Bonus
Learning and Development Benefit
Like this story? Please share!Convoy will feature more than 50 speakers with ties to Vanderbilt The event on March 4-6 is designed to foster the growth of the Vanderbilt Innovation Ecosystem.It is billed as an event where “SXSW meets Davos but with a healthy dose of Anchor Down!” Confused? If so, we’ll try to address the confusion.About a month from now – March 4 to 6 to be exact, Vanderbilt University is hosting the inaugural “Convoy” event, bringing together the most notable Commodores in Entrepreneurship, Venture Capital, Private Equity, and Leading-Edge Business to foster the growth of the Vanderbilt Innovation Ecosystem.The event over parts of three days features more than 50 alumni of the university or those who have ties, with a keynote presentation on the afternoon of March 4 by Mark Cuban, Founder and Chief Executive Officer (CEO) of companies that bear his name. Probably best known for his long tenure on ABC’s “Shark Tank,” he is a parent of a Vanderbilt student and will participate in a fireside chat where Cuban will talk about the skillsets important to founders among other topics.Other notable Vanderbilt related speakers or alumni include:Jeff Rothchild , Vice Chair of Vanderbilt’s Board of Trust. He has co-founded several technology and software companies, including Veritas Software, and was the founding engineer at Facebook where he worked from 2005 to 2015., Vice Chair of Vanderbilt’s Board of Trust. He has co-founded several technology and software companies, including Veritas Software, and was the founding engineer at Facebook where he worked from 2005 to 2015. Dora Hughes , Chief Medical Officer at the Centers for Medicare and Medicaid Services., Chief Medical Officer at the Centers for Medicare and Medicaid Services. Julia Cheek , Founder and CEO of Everly Health., Founder and CEO of Everly Health
ID.me has secured a $275 million credit facility from Ares Management, which also plans a significant equity investment. This funding will support ID.me's growth as it expands its digital identity wallet, which now has over 139 million users, with 65 million verified to federal standards. ID.me's revenue has grown over 450% from 2020 to 2024. The company is the only digital wallet meeting federal standards for secure login and multi-factor authentication.
ID.me announced it secured a $275 million credit facility from Ares Management, which also plans a substantial equity investment. The funds will accelerate ID.me's growth as it expands digital identity verification services. ID.me has over 139 million users, with 65 million verified to federal standards. The company has seen 450% revenue growth from 2020 to 2024. Ares Management, with $464 billion in assets, supports ID.me's next growth phase.
MCLEAN, Va., Jan. 7, 2025 /PRNewswire/ -- ID.me, the market-leading digital identity wallet, today announced the appointments of SaaS industry leaders Brian Robins and William "Bill" Welch as independent members to ID.me's Board of Directors. Robins, Chief Financial Officer of GitLab Inc., and Welch, Chief Executive Officer of Sysdig, bring decades of experience in scaling high-growth public and private technology companies. Robins and Welch join ID.me amid significant momentum, as the company has seen revenue grow more than 370% from 2020 through 2023."Brian and Bill are exceptional leaders whose complementary experience will be invaluable as ID.me continues to grow," said Blake Hall, Founder and CEO of ID.me. "Brian's financial and strategic leadership and Bill's expertise in cloud security will strengthen our efforts to keep Americans safe while transacting online."Brian Robins will serve as Chair of the ID.me Board's Audit Committee. Currently serving as CFO of GitLab, the DevSecOps platform, Robins brings over 25 years of experience leading both private and public high-growth software companies
In partnership with ID.me, the Division aims to ensure a seamless and fraud-resistant experience for taxpayers.
McLean, Virginia, USA, December 2024 - Christine Ellis Purcell has been named Chief Marketing Officer at ID.me, where she will oversee the company's marketing strategies to expand its brand presence, foster growth, and enhance user engagement.
Digital verification company ID.me has expanded its valuation after it successfully completed a tender offer that placed its worth at USD 1.8 million. Since 2022, ID.me slightly raised its valuation, with the company’s worth being, at that time, nearly USD 1.73 billion. Led by Ribbit Capital, which became an investor in ID.me recently, the tender offer saw the participation of existing investors, including Viking Global Investors and CapitalG. Through this financial move, certain employees and early backers of ID.me were able to sell their shares.At the time of writing, no details of the tender offer were disclosed by representatives of ID.me or Ribbit Capital, with them not responding to a request to comment on the matter. Initially, Bloomberg reported on the tender offer in October 2024, mentioning that people familiar with the matter said that the company allowed employees and early investors to make a tender offer of USD 67 million for shares until 1 November 2024. At that time, sources cited by Bloomberg said that ID.me was in preparation for an initial public offering in 2025 if market conditions prove favourable. ID.me’s offering and capabilities
ID.me has been valued at $1.8 billion following a tender offer, up from $1.73 billion two years ago, according to Bloomberg. The transaction was led by Ribbit Capital, with participation from Viking Global Investors and CapitalG. The rise in identity verification services is linked to increasing identity theft threats. Bryan Lewis, CEO of Intellicheck, emphasized the ease of identity theft and the need for robust defenses, highlighting challenges with digital IDs and the potential of digital wallets.
Online verification company ID.me closed a tender offer that valued the business at $1.8 billion, a step up over its $1.73 billion valuation two years ago, a person familiar with the situation said.
ID.me attributes multi-year revenue growth to the power of its digital identity wallet, simplifying access online for millions of Americans. MCLEAN, Va., Nov. 21, 2024 /PRNewswire/ -- ID.me, the next-generation digital identity wallet that simplifies how individuals securely prove their identity online, today announced it ranked 315 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. In the Greater Washington, D.C. region, ID.me ranked 12. ID.me has earned a spot after seeing 370% revenue growth from 2020 to 2023
VIOLA, WI – November 21, 2024 – (Motor Sports NewsWire) – The military roots of SS Cycle go back longer than the company itself. Founder George J. Smith was a proud WWII Army Veteran who, like many, formed a love of performance motorcycles. That dedication to both performance and country has been passed on through the four generations of the company. George’s son Ken Smith followed in his footsteps, also serving in the Army. Grandson Brett Smith served at Fort Bragg after graduating from Westpoint
Retailer proudly offers exclusive, everyday discount for military first responders via ID.me. MOUNT HOREB, Wis., Nov. 7, 2024 /PRNewswire/ -- Wisconsin-based lifestyle and workwear brand Duluth Trading Co. is honoring military and first responders this Veteran's Day with the introduction of "Duluth Heroes," a new discount program via ID.me. Active-duty service members, retirees, veterans, military spouses, military family members and first responders will be eligible for an extra 5% discount on their entire order. Eligible customers will have daily access to the 5% discount when shopping on www.duluthtrading.com or in any of Duluth's 65 retail stores across the country
Duluth Trading Co. partners with ID.me to secure veterans' discount.