Evident ID

Evident ID

Developer of software for online identity reliability investigation.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
investor investor investor investor

€0.0

round
investor investor investor investor

€0.0

round
*

$14.0m

Valuation: $100m

Series C
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues000000000000000000000000
% growth-139 %6 %-82 %-
EBITDA000000000000000000000000
Profit000000000000000000000000
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Dealroom estimates

More about Evident ID
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Evident ID Inc. operates in the identity verification market, providing a secure and efficient online solution for businesses to verify credentials and identities. The company serves a diverse range of clients, including employers looking to verify employee identities, platforms needing to ensure user trust, and businesses requiring compliance with insurance coverage requirements. Evident's business model revolves around offering a subscription-based service that allows clients to access their verification platform. The company generates revenue through these subscriptions and additional fees for specific verification checks. Evident recently raised $20 million in Series B financing, positioning itself for significant growth and expansion. The company is known for its comprehensive and accurate verifications, which help businesses decrease risk and avoid liability for holding personal data. Evident's platform is designed to be user-friendly, providing a seamless experience for hiring and onboarding verified workers. The company is also adapting to the new normal of remote work, offering resources to support businesses and employees working from home.

Keywords: identity verification, credential checks, secure online solution, risk-free, compliance, subscription-based, Series B financing, user trust, remote work, onboarding.

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