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FinTech Series C Founded 2016

Evident

Evident develops online identity verification and customer PII data security solutions delivered as a secure API. The platform enables companies to perform sophisticated identity verification, background checks, and credential validation for services requiring stringent identity confirmation. Founded in 2016 and headquartered in Wilmington, United States, Evident has raised approximately $44.3M in Series C funding…

📍 Wilmington, United States · RegTech,

Funding snapshot

Last roundSeries C
Amount$14M
Date6 September 2022
Total raised$44M
Team size69

About

Evident develops online identity verification and customer PII data security solutions delivered as a secure API. The platform enables companies to perform sophisticated identity verification, background checks, and credential validation for services requiring stringent identity confirmation. Founded in 2016 and headquartered in Wilmington, United States, Evident has raised approximately $44.3M in Series C funding from investors including New Enterprise Associates, Aspect Ventures, Blue Cloud Ventures, and Acrew Capital. The company serves industries with high compliance requirements including financial services, insurance, and the gig economy, providing automated identity verification that reduces onboarding friction while maintaining regulatory compliance and protecting sensitive personal information.

Business model

Cybersecurity > IAM > Customer IAM > Customer Identity Verification,

GRC Software > Risk Management,

Security & Surveillance Technology > PIAM > Biometrics System > Multi-modal Biometrics,

Image Recognition > Applications > Identity Verification,

RegTech > Fraud Detection > User Authentication > Multi Factor Authentication,

Insurance IT > Insurance Policy Solutions > RegTech > Risk Management

Founders & team highlights

Founder with Prior Funding,

Founder with Prior IPO,

Serial Founder

Institutional investors

Aspect Ventures New Enterprise Associates Blue Cloud Ventures Forte Ventures Gaingels Alumni Ventures BLH Venture Partners Owl Capital Group Ellis Capital Acrew Capital Tom Noonan Lane Bess Todd Nightingale Ashish Mistry Mike Potts

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