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High Tech Series B Founded 2012

Invixium

Invixium is a biometric systems company that designs and manufactures modern access control and workforce management solutions. The company offers a comprehensive product portfolio including face recognition readers (TITAN, TFace, Rosto), fingerprint readers (Touch 3, Touch 2, Sense 2, Merge 2, Mycro), and card readers (VERTU). Invixium's IXM software suite includes IXM Web for user management, IXM Link for access…

📍 Toronto,_x000D_ Ahmedabad, Canada,_x000D_ India · Image Recognition,

Funding snapshot

Last roundSeries B
Amount$3M
Date28 May 2020
Total raised$8M
Team size54

About

Invixium is a biometric systems company that designs and manufactures modern access control and workforce management solutions. The company offers a comprehensive product portfolio including face recognition readers (TITAN, TFace, Rosto), fingerprint readers (Touch 3, Touch 2, Sense 2, Merge 2, Mycro), and card readers (VERTU). Invixium's IXM software suite includes IXM Web for user management, IXM Link for access control panel integration, IXM Health for temperature screening, IXM Time for workforce management, IXM Visitor for visitor tracking, and IXM Convert for migration from other biometric systems. The platform also features mobile capabilities with dynamic QR codes, digital cards, and remote attestation. Invixium serves airports, banking, construction, data centers, education, enterprise, food processing, healthcare, luxury residential, manufacturing, mining, oil and gas, and sports venues. Founded in 2012 and headquartered in Toronto, Canada with offices in India, Saudi Arabia, UAE, and the USA, Invixium has raised approximately $7.7 million in Series B funding from investors including Connecticut Innovations, Export Development Canada, McRock Capital, BDC, Canadian Imperial Bank of Commerce, and Nex Cubed.

Business model

Cybersecurity > IAM > Biometrics,

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

Image Recognition > Applications > Identity Verification,

RegTech > Fraud Detection > User Authentication > Multi Factor Authentication

Institutional investors

Connecticut Innovations Export Development Canada McRock Capital Canadian Imperial Bank of Commerce Nex Cubed

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