ID.me Announces Closing of $67M Secondary Tender
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.