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INCODE TECHNOLOGIES
Incode Technologies
Identity verification / biometric fraud prevention software · San Francisco, California · United States · Founded · 2015 · ≈ · 600 · employees

Incode Technologies — Valuation, Funding & Investors

Acquired

Incode Technologies was acquired by Identiq Identity verification company. The last valuation is $1.2B (post-money). No standalone ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Incode Technologies at a glance
Last valuation
$1.2B
POST-MONEY · APR 2021
Raised across rounds
$245M
2 rounds
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

Incode Technologies valuation history

1 valuation. The latest, $1.2B post-money, was set by the Series B in Apr 2021.

Latest valuation
$1.2Bpost-money
Set by the Series B · 1 Apr 2021
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series B · $220M raised
Funding history

Incode Technologies funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Mar 2021
$25M
—
DN Capital, 3L Capital
—
Series B
Apr 2021
$220M
$1.2B
—
—
Incode Technologies · investors

Investors

DDN CapitalLEAD33L CapitalLEADGeneral AtlanticSSoftBankJ.P. MorganCCapital One VenturesCoinbase VenturesLLong Ridge Equity PartnersTTribe CapitalTTriplePoint Capital
Is Incode Technologies public?
Founded
2015
Mar 2021
Series A
Apr 2021
Series B · $1.2B
IPO
Acquired
No longer independent.
Incode Technologies at a glance
Last valuation$1.2B · post-money · Apr 2021
Total raised$245M
IPO statusAcquired
Founded · HQ2015 · San Francisco, California · United States
Employees≈ 600
About Incode Technologies

Incode Technologies is an identity-verification company founded by Ricardo Amper in San Francisco in 2015, offering document checks, biometric liveness detection and matching against government databases to confirm identity in one platform. Customers include Citi, Equifax, Experian and TikTok, which uses Incode to verify user age.

Incode was the first company in the world to pass iBeta Level 1 certification for passive liveness detection, and it later passed iBeta Level 2 testing for resistance to 3D mask and 2D spoofing attacks. It has also built tools to verify AI agents acting on a person's behalf, extending identity checks beyond human users alone.

The money screen · ranked by accessibility

How to get Incode Technologies exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Incode Technologies.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Incode Technologies availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Incode Technologies included.

No account needed

Incode Technologies stock — frequently asked questions

Is Incode Technologies publicly traded?›

No. Incode Technologies was acquired by Identiq Identity verification company; its shares do not trade independently.

Who are Incode Technologies's competitors?›

The closest identity verification / biometric fraud prevention software peers are on the competitors page.

How can I get exposure to Incode Technologies?›

The routes section explains what is realistically available for a company at this stage.

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