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- ID.me
ID.me Revenue, Valuation, Funding & Investors
ID.me is valued at $2B as of September 2025, a 15.4x multiple on its last reported $130M revenue.
Last ID.me valuation
$2B
Series E · Sep 2025
Last ID.me funding round
$65M
Series E · Sep 2025
ID.me revenue
$130M
Series E · Sep 2025
Key investors in ID.me
Moonshots Capital
Stony Lonesome Group
Viking Global Investors
K Street Capital
Ribbit Capital
CapitalG
About ID.me
ID.me is a next-generation digital identity network that allows users to verify their identity once and use that credential across multiple sites. Serving over 152 million users, it replaces fragmented verification processes with a centralized digital wallet, helping government agencies, healthcare networks, and consumer brands prevent fraud and authenticate users seamlessly.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B & B2G
Revenue model
Subscription
Revenue
$130M (Sep 2025)
Valuation
$2B (Sep 2025)
ID.me Valuation
ID.me is currently valued at $2B, based on its Series E in September 2025.
The $65M round was led by Ribbit Capital, with participation from Positive Sum, Moonshots Capital and Ares Management.
ID.me's valuation has grown 1.3x from $1.5B at its Series C in March 2021 to $2B in September 2025, across 4 priced rounds.
ID.me valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Sep 2025 | Series E | $2B | 15.4x |
| Nov 2024 | Secondary | $1.8B | 12.0x |
| Apr 2023 | Series D | $1.7B | - |
| Mar 2021 | Series C | $1.5B | 9.9x |
ID.me Revenue
ID.me's latest recorded revenue is $130M, as of its Series E in September 2025. At a $2B valuation, that implies a 15.4x revenue multiple.
Revenue moved from $152M in March 2021 to $130M in September 2025, while the revenue multiple moved from 9.9x to 15.4x.
ID.me revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Sep 2025 | $130M | $2B | 15.4x | Series E |
| Nov 2024 | $150M | $1.8B | 12.0x | Secondary |
| Mar 2021 | $152M | $1.5B | 9.9x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
ID.me Funding History
ID.me has raised a total of $338M across 8 funding rounds, plus 1 secondary share sale.
ID.me's first fundraising round was a $3M seed round in March 2013. The most recent completed round was a $65M Series E in September 2025.
ID.me funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2025 | Series E | Ribbit Capital (lead); Positive Sum; Moonshots Capital; Ares Management | $65M | $2B | ID.me, a McLean, Virginia-based digital identity verification provider, raised $340 million across a Series E equity round and credit facility, with the $65 million equity portion led by Ribbit Capital and participation from Ares Credit funds, Moonshots Capital, and new investor Positive Sum. The financing, announced on September 3, 2025, valued the company at over $2 billion, up from $1.8 billion in late 2024, bringing total funding to $1.1 billion. Funds will accelerate expansion of secure, reusable digital identity solutions and combat AI-driven fraud including deepfakes and synthetic identities. ID.me serves over 152 million users, representing 60% of US adults, with 76 million verified to federal IAL2 standards using biometrics from Paravision. In 2024, it added 20.4 million new wallets and powered 409 million successful logins, a 44% year-over-year increase. The platform partners with 20 federal agencies, 45 states, 70 healthcare organizations, 600+ brands, and hundreds of employers, having prevented $270 billion in unemployment fraud during the pandemic. The investment positions ID.me as a leader in the token-driven AI economy, where trusted identity is foundational for AI agents and secure interactions. Ribbit Capital highlighted ID.me's advanced digital identity wallet as providing a durable advantage amid rising fraud costs, estimated at up to $521 billion annually for the US government from 2018-2022. |
| Nov 2024 | Secondary | Ribbit Capital (lead); CapitalG; Viking Global Investors | $67M | $1.8B | ID.me is a digital identity verification company founded in 2010 and based in McLean, Virginia, providing solutions through a platform that verifies customer identities using facial recognition, document verification, and knowledge-based authentication. The company serves government agencies, healthcare providers, and commercial entities, enabling secure logins and identity verification. It has raised a total of $405.07 million in funding prior to recent transactions, with its latest prior round being Series D, and holds 24 patents in identity management and related areas. On November 26, 2024, ID.me closed a $67 million secondary tender offer led by new investor Ribbit Capital, with participation from existing investors Viking Global Investors and CapitalG. The tender offer valued the company at $1.8 billion, a slight increase from its previous valuation of approximately $1.73-$1.78 billion set two years earlier, allowing certain employees and early backers to sell shares. CEO Blake Hall highlighted the transaction as recognition of the company's rapid growth and market-leading outcomes in digital access, privacy protection, fraud prevention, and user experience. At the time of the tender offer, ID.me had enrolled over 135 million users in its digital wallet, representing more than 50% of U.S. adults, with daily additions averaging over 60,000 new users. Over 62 million users were verified to federal IAL2 consumer authentication standards, achieved less than eight months after reaching 50 million IAL2 users. The company's revenue grew over 370% from 2020 through 2023, driven by superior results for customers and expanding adoption across sectors. |
| Apr 2023 | Series D | Viking Global Investors (lead); Pier 12 Capital; Scout Ventures; Moonshots Capital; Counterpoint Global; CapitalG; Stony Lonesome Group; PSP Growth; FTV Capital | $132M | $1.7B | ID.me is a McLean, VA-based digital identity company providing secure identity proofing, authentication, and group affiliation verification to enable consumers to access online services, benefits, healthcare, and commerce while controlling personal data. The platform serves over 100 million members as of April 2023, covering 30 US states, 14 federal agencies, and over 500 retailers. ID.me commits to 'No Identity Left Behind' with a reusable digital identity wallet verified to federal IAL2 standards. In April 2023, ID.me raised $132 million in its Series D funding round led by Viking Global Investors, with participation from CapitalG, Morgan Stanley Counterpoint (Counterpoint Global), FTV Capital, PSP Growth, Moonshots Capital, Scout Ventures, and others including Auctus Investment Group and Stony Lonesome Group (aligned with listed investors). This brought total equity funding to over $240 million since 2010. The capital supports expansion of operations, strengthening the identity-verification platform, and broader market rollout amid growing demand for secure digital credentials. ID.me demonstrated strong traction around the period, surpassing 100 million members and powering secure access across government and commercial sectors. Revenue grew over 370% from 2020 through 2023, driven by superior results for customers and rapid adoption. Subsequent rounds included a $67M secondary tender in November 2024 valuing the company at $1.8B and a $340M Series E plus credit facility in September 2025 at over $2B valuation. |
| Mar 2021 | Series C | Viking Global Investors (lead) | $100M | $1.5B | ID.me, a secure digital identity network founded in 2010, raised $100 million in a Series C funding round on March 22, 2021, led by Viking Global Investors with participation from Counterpoint Global (Morgan Stanley), PSP Growth, Lead Edge Capital, CapitalG, WndrCo, Willoughby Capital, BoxGroup, and Moonshots Capital. The round valued the company at $1.5 billion post-money, marking its unicorn status. The funding aimed to expand its secure digital identity network by hiring top talent and growing partnerships with businesses and government agencies. At the time, ID.me's network served over 39 million members, adding more than 70,000 new subscribers daily, with integrations across 22 states, multiple federal agencies, and over 400 name-brand retailers. The platform provides identity proofing, authentication, and group affiliation verification, meeting NIST 800-63-3 IAL2/AAL2 standards as approved by the Kantara Initiative, and features video chat verification under its 'No Identity Left Behind' commitment. ID.me has since raised additional rounds, including a $132 million Series D in April 2023 and a $340 million Series E plus credit facility in September 2025 at over $2 billion valuation, bringing total funding to around $619-745 million across multiple investors. |
| Jul 2020 | Series A | Brian McNamara; Moonshots Capital; K Street Capital | $8M | - | - |
| Mar 2017 | Series B | FTV Capital (lead); Moonshots Capital; K Street Capital; Stony Lonesome Group | $19M | - | ID.me is a federally accredited digital identity company based in McLean, VA, providing an Identity Gateway that allows individuals to tie their legal identity to a digital login accepted across multiple websites, eliminating repeated verifications. The technology enables secure online identity verification for services like government benefits, healthcare, and banking, meeting high federal standards such as NIST 800-63-3 IAL2/AAL2 conformance. On March 8, 2017, ID.me announced a $19 million Series B growth equity investment led by FTV Capital, with participation from K Street Capital, Moonshots Capital, and Stony Lonesome Group. FTV Capital partner Liron Gitig joined the board. The funds were allocated to sales, marketing, and product development to scale operations in government, financial services, retail, and ecommerce markets. Prior to this round, ID.me had raised approximately $21.5 million since 2011. The company positioned itself to address broken online identity verification processes, offering advanced technology for consumer privacy and secure digital identification. Later developments include additional funding such as an $8.3 million raise in 2020 amid demand for selfie biometrics, a $100 million Series C in March 2021 at $1.5 billion valuation, $132 million Series D in April 2023, and $340 million Series E lifting valuation over $2 billion. By later stages, ID.me served 152 million users (60% of US adults), 20 federal agencies, 45 states, and 600+ brands. |
| Mar 2015 | Seed | Stony Lonesome Group | $3M | - | - |
| Apr 2014 | Series A | Blu Venture Investors; Donna Harris; Kelly Perdew; K Street Capital; David Tisch | $8M | - | ID.me raised $7.5 million in equity plus $2.5 million in debt, totaling $10 million, in a Series A round around March 2014. Investors included Blu Venture Investors, David Tisch, Donna Harris, K Street Capital, and Kelly Perdew. The funding supported marketing and efforts to validate shoppers' group affiliations and identity online, targeting veterans, teachers, and other member-driven groups. |
| Mar 2013 | Seed | Blu Venture Investors; BoxGroup; Stony Lonesome Group; Mark McLoughlin; David Tisch | $3M | - | - |
Who has invested in ID.me?
20 investors have backed ID.me across its funding rounds, including Moonshots Capital, Stony Lonesome Group, Viking Global Investors, K Street Capital, Ribbit Capital and CapitalG.
Lead investors include Ribbit Capital, Viking Global Investors and FTV Capital.
ID.me Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Mar 2017 | ||
| 4 | Participant | Mar 2013 | ||
| 3 | Participant | Apr 2014 | ||
| 3 | Lead | Mar 2021 | ||
| 2 | Participant | Mar 2013 | ||
| 2 | Lead | Nov 2024 | ||
| 2 | Participant | Apr 2023 | ||
| 2 | Participant | Mar 2013 | ||
| 2 | Lead | Mar 2017 | ||
| 1 | Participant | Apr 2023 | ||
| 1 | Participant | Sep 2025 | ||
| 1 | Participant | Mar 2013 | ||
| 1 | Participant | Apr 2014 | ||
This data is available for Pro users. Sign up to see all 20 ID.me investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by ID.me
ID.me has acquired 1 company to date.
Last acquisition by ID.me was on October 20th 2014. ID.me acquired Perkla for undisclosed valuation.
Latest Acquisitions by ID.me
| Description | Perkla is an e-commerce platform connecting college students with exclusive discounts from fashion and footwear retailers like Reebok, Theory, Nine West, Converse, Express, and Cole Haan. Drawing members from more than 150 universities, it replicates in-store student offers in the online space. The service gained visibility through a Fox Business News appearance and a four-page feature in GQ Magazine's April 2014 edition, plus a Times Square billboard video promotion. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 20 Oct 2014 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all ID.me acquisitions and their M&A valuation multiples. Start Free Trial | |
ID.me Competitors
ID.me competitors include listed companies like A10 Networks and CETC Cyberspace Security, and private ones like Aviatrix, CertiK, Devo and Horizon3.ai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $40M | - | $2B | 50.0x | ||
| Private | - | - | $2B | - | ||
| Private | - | - | $2B | - | ||
| Private | $30M | - | $2B | - | ||
| Publicly listed | $291M | $62M | $2B | 5.7x | ||
| Publicly listed | $338M | $20M | $1.9B | - |
ID.me Public Comps
ID.me is still privately-owned, but its public comps include A10 Networks, CETC Cyberspace Security, Progress Software, Venustech Group, CloudWalk, Secunet, DPtech, Radware, Red Violet and QiAnXin.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $291M | $62M | 6.3x | 5.7x | 29.4x | 19.1x | |||
| $338M | $20M | 4.5x | - | 73.6x | - | |||
| $978M | $302M | 3.0x | 2.9x | 9.6x | 7.3x | |||
| $349M | ($60M) | 6.6x | 6.0x | (38.4x) | (176057.4x) | |||
| $75M | ($75M) | 18.8x | 19.1x | (18.7x) | - | |||
| $528M | $86M | 2.8x | 2.6x | 17.3x | 16.3x | |||
| $182M | $25M | 5.3x | 4.9x | 39.0x | - | |||
| $302M | $20M | 3.6x | 3.4x | 56.1x | 23.2x | |||
This data is available for Pro users. Sign up to see all ID.me competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ID.me
| When was ID.me founded? | ID.me was founded in 2010. |
| Where is ID.me headquartered? | ID.me is headquartered in Tallin, Estonia. |
| Is ID.me publicly listed? | No, ID.me is a private, VC-backed company. |
| What is ID.me's valuation? | ID.me was last valued at $2B in its Series E in September 2025. |
| How much funding has ID.me raised? | ID.me has raised $338M across 8 funding rounds. |
| What was ID.me's last funding round? | ID.me's last funding round was a $65M Series E in September 2025, led by Ribbit Capital. |
| Who are ID.me's investors? | ID.me's investors include Moonshots Capital, Stony Lonesome Group, K Street Capital, Viking Global Investors, Blu Venture Investors, Ribbit Capital, CapitalG, David Tisch, FTV Capital, Pier 12 Capital and 10 others. |
| What is ID.me's revenue? | ID.me's latest recorded revenue is $130M (September 2025). |
| What is ID.me's revenue multiple? | ID.me's latest valuation implies a 15.4x revenue multiple ($2B valuation on $130M of revenue). |
| Which companies are comparable to ID.me? | Companies comparable to ID.me include Aviatrix, CertiK, Devo, Horizon3.ai, A10 Networks and CETC Cyberspace Security. |
| How many companies has ID.me acquired? | ID.me has acquired 1 company, including Perkla. |
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