We’re pleased to announce that we have raised $4.5m in Series A funding led by Wellington Partners (investors in Spotify and Dropbox), with participation from CrunchFund (investors Airbnb and Uber). Also joining the round are a suite of top angel investors that includes Brent Hoberman (co-founder, Lastminute.com), Nicolas Brusson (co-founder, BlaBlaCar), Greg Marsh (co-founder, Onefinestay), Spencer Hyman (co-founder, Artfinder) and Dan Cobley (former MD, Google UK).
We are excited to join forces with such terrific global partners who share our vision.
The last 12 months have been Onfido’s best yet as we signed up more than 400 clients from SMEs to FTSE 100 companies and we are now carrying out background checks in 28 countries. We also expanded our team from 3 to 31 people.
This new round of funding will be used to recruit the best talent and develop our technology. It will also allow us to further penetrate the US market, and to launch in more European countries later this year. We’d like to thank all those who have supported us over the past 2 and a half years and we look forward to announcing more exciting developments over the course of this year.