ID.me Announces Closing of $67M Secondary Tender

Platforms
Written By Rick Watson

ID.me is a market-leading digital identity wallet that simplifies how individuals securely verify their identity online. The platform allows users to verify their identity once and seamlessly log in across multiple websites without the need to create new accounts or re-verify.

ID.me has announced $67 million investment in the form of a tender offer which vaiued the company at a reported $1.8 billion. The company offers a digital wallet that contains data and verified credentials that can be shared with consent to complete forms and proof identity. In a time when trust digitally is a headline away - ID.me is positioned to grow their business globally as digital verification becomes more adopted.

ID.me: ID.me Announces Closing of Secondary Tender

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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