Security Experts:

Connect with us

Hi, what are you looking for?



Vouched Raises $6.3 Million for Identity Verification Platform

AI-driven identity verification platform Vouched has raised $6.3 million in a funding round led by BHG VC and SpringRock Ventures.

AI-driven identity verification platform Vouched this week announced that it has raised $6.3 million in a funding round that brings the total investment in the company to $18 million.

The new investment round was led by BHG VC and SpringRock Ventures, with additional participation from previous angel investors.

Founded in 2018, the Seattle-based company provides identity verification solutions to regulated and commercial businesses, including banks, fintechs, and healthcare providers, helping them minimize the risk of fraud. The company claims its platform covers over 85% of the world’s population.

According to Vouched, its AI-based platform helps organizations accelerate onboarding through accurate identity verification, while minimizing fraud risk.

Additionally, the automated solution is highly configurable, allowing customers to use Vouched’s APIs and SDKs with existing products.

“We look forward to enhancing the value of our identity verification platform to the healthcare market, and ensuring we remain a trusted partner-of-choice for businesses in highly regulated markets who want a solution that can prioritize both compliance and growth,” Vouched CEO John Baird said.

Related: Data Security Startup CommandK Raises $3 Million in Seed Funding

Related: Software Supply Chain Security Firm Lineaje Raises $7 Million

Related: Boxx Insurance Raises $14.4 Million in Series B Funding

Related: Guardz Emerges From Stealth Mode With $10 Million in Funding

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this webinar to learn best practices that organizations can use to improve both their resilience to new threats and their response times to incidents.


Join this live webinar as we explore the potential security threats that can arise when third parties are granted access to a sensitive data or systems.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Identity & Access

Zero trust is not a replacement for identity and access management (IAM), but is the extension of IAM principles from people to everyone and...


More than 450 cybersecurity-related mergers and acquisitions were announced in 2022, according to an analysis conducted by SecurityWeek


Forty cybersecurity-related M&A deals were announced in January 2023.


Twenty-one cybersecurity-related M&A deals were announced in December 2022.

Identity & Access

Hackers rarely hack in anymore. They log in using stolen, weak, default, or otherwise compromised credentials. That’s why it’s so critical to break the...


Seventeen cybersecurity-related M&A deals were announced in the first half of February 2023.