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Full-Time

Operations Associate

Identity

Posted on 7/24/2024

Middesk

Middesk

51-200 employees

Business identity verification and compliance automation

Data & Analytics
Consulting
Hardware
Fintech
Financial Services
Legal

Mid

San Francisco, CA, USA

Category
Supply Chain Management
Operations & Logistics
Requirements
  • At least two years of experience in consulting, finance, strategy, or business operations.
  • Demonstrated ability in designing, scaling, and maintaining high-volume processes, with a focus on software-driven systems.
  • Experience leveraging data to derive insights, inspire action, and solve problems.
  • Comfortable leading teams of vendors or outsourced workers to achieve high-quality productivity goals.
  • Successfully managed unit costs for critical operational and fulfillment processes, ensuring efficiency and cost-effectiveness.
Responsibilities
  • Become an expert in the data that powers the product and maintain its quality.
  • Build, streamline, and process high-volume workflows for successful client outcomes.
  • Cultivate a deep understanding of industry technology and trends to exceed client expectations.
  • Work cross-functionally with various teams to implement new products, improve processes, analyze data, and create procedures.
  • Partner with Finance to analyze business inefficiencies and propose solutions.

Middesk provides a business identity platform that helps companies verify the identity of other businesses, a process known as Know Your Business (KYB). This is especially important for financial institutions and technology companies that need to prevent fraud and comply with regulations. Middesk's services allow clients to automate their KYB processes, which saves time and improves efficiency. The platform offers easy-to-integrate Application Programming Interfaces (APIs) and a customizable dashboard that gives clients access to accurate data about businesses and Secretary of States. This flexibility makes it suitable for various operational needs. By charging clients for access to its platform, Middesk supports businesses in streamlining their operations and enhancing their customer onboarding experience.

Company Stage

Series B

Total Funding

$77.2M

Headquarters

South San Francisco, California

Founded

2019

Growth & Insights
Headcount

6 month growth

6%

1 year growth

3%

2 year growth

6%
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Simplify's Take

What believers are saying

  • The $57 million Series B funding round, led by prominent investors like Insight Partners and Accel, positions Middesk for significant growth and expansion.
  • Partnerships with industry leaders like Socure and NayaOne enhance Middesk's capabilities and market reach, making it a more attractive place to work.
  • Middesk's innovative approach to automating compliance and business verification processes can lead to faster career growth and development opportunities for employees.

What critics are saying

  • The highly specialized nature of KYB services means Middesk must continuously innovate to stay ahead of competitors and avoid market saturation.
  • Dependence on partnerships for integrated solutions could pose risks if these partnerships dissolve or fail to deliver expected synergies.

What makes Middesk unique

  • Middesk's focus on automating KYB processes for financial institutions and technology companies sets it apart in a niche market where speed and accuracy are critical.
  • The integration of Socure’s real-time, predictive analytics with Middesk’s business verification platform offers a unique, comprehensive solution for both KYB and KYC verification.
  • Middesk's easy-to-integrate APIs and customizable data solutions provide a flexible and scalable approach to business verification, unlike more rigid competitors.

Benefits

Medical, dental, & vision coverage

Unlimited PTO

Stock-options

401(k)

Parental leave

Hybrid work

INACTIVE