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High Tech Series A Founded 2018

VIDA

VIDA provides secure digital identity management and authentication solutions for individuals and businesses across Indonesia and Southeast Asia. The company VIDA Identity Stack powers every layer of digital identity through three core solution areas: Verify, offering OCR for instant document data extraction, document verification to ensure documents are real and tamper-free, liveness detection to prevent spoofing…

📍 Jakarta, Indonesia · Image Recognition,

Funding snapshot

Last roundSeries A
Amount$48M
Date7 June 2022
Total raised$48M
Team size159

About

VIDA provides secure digital identity management and authentication solutions for individuals and businesses across Indonesia and Southeast Asia. The company VIDA Identity Stack powers every layer of digital identity through three core solution areas: Verify, offering OCR for instant document data extraction, document verification to ensure documents are real and tamper-free, liveness detection to prevent spoofing with real-time face checks, income verification, and smart KYC for regulatory compliance; Authentication, providing phone token, face token, and selfie ID for seamless and secure access; and Identity Operation Center with conversion ops, fraud ops, and SSP dashboard for actionable insights. VIDA also offers online fraud detection through ID Fraud Shield for identifying fake identities and Deepfake Shield for defending against AI-generated identity fraud. For enterprise workflows, VIDA provides Sign for Enterprise with VIDA Sign Platform and Open API, Direct Sign API for embedded signing with real-time authentication, POA Sign API for automated delegated signing under Power of Attorney, Sign Inline API for lightweight one-time signing, e-Meterai integration for official digital stamp duty, and e-Seal for digital company seals. The VIDA App offers Magic Scan, e-Sign, Digital Sign, e-Meterai, DocsVault, and SecureShare in one application. VIDA serves industries including banking, digital banking, P2P lending, multi-finance, consumer lending, buy now pay later, and healthcare, with use cases for customer onboarding, payment protection, regional compliance, operational efficiency, account takeover prevention, multi-account prevention, deepfake injection blocking, synthetic identity detection, and document fraud identification. Founded in 2018 and headquartered in Jakarta, Indonesia, VIDA has raised approximately $47.7 million in Series A funding from investors including DST Global, Breyer Capital, Hedosophia, Future Shape, Alpha JWC Ventures, AC Ventures, Jungle Ventures, Monk Hill Ventures, and Endeavor.

Business model

Cybersecurity > IAM > Customer IAM > Customer Identity Verification,

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

Image Recognition > Applications > Identity Verification,

RegTech > Fraud Detection > User Authentication > Multi Factor Authentication

Team background

College Wise > The University of Melbourne, Imperial College London, University College London

Institutional investors

Alpha JWC Ventures DST Global Breyer Capital Hedosophia Future Shape AC Ventures Endeavor Jungle Ventures Monk's Hill Ventures Alto Partners NOMD

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