ID.me $340M at >$2B valuation Sept 2025
Cited in: Blake Hall · ID.me
Full text
ID.me Rx ID.me Shop ID.me Government ID.me Jobs Help Center Sign in to My Account Products Platform ID.me Digital Wallet Unify Authentication Access Management Identity Verification Credential Validation Login Security Features Regulatory Compliance Multi-Factor Authentication Omnichannel Identity Verification Privacy-by-Design Customer Controlled Data Sharing Preventing Identity Theft & Fraud Walkthrough ID.me Overview Video No Identity Left Behind - Online Identity Verification by ID.me ID.me Overview Video Partnership Directory Trusted Partner Network Partnership Directory Solutions Industries Public Sector Healthcare Retail & eCommerce Employment & Background Checks Automotive Travel & Hospitality Financial Services & FinTech Ticketing & Entertainment Communities Military & Veterans First Responders Teachers Students Nurse & Medical Featured Case Studies Case Study Frictionless Identity Proofing Helps MDLand Improve Patient and Physician Experience While Adhering to Government Mandates Frictionless Identity Proofing Helps MDLand Improve Patient and Physician Experience While Adhering to Government Mandates Case Study How a Public-Private Partnership Provided Benefits to Eligible Individuals and Saved Billions for One State How a Public-Private Partnership Provided Benefits to Eligible Individuals and Saved Billions for One State Resources By Category Customer Experience Digital Equity Security Permissioned Marketing By Community Military & Veterans Student Nurse & Medical Teachers First Responders By Type News Room Videos Articles Case Studies White Papers Brochures Events Webinars Partner Announcements Company About Team Press Releases Partner Program Media Inquiries Press Releases ID.me and Sterling Extend Exclusive Partnership through 2028, Continuing Their Focus on Expanding Identity Verification Solutions ID.me and Sterling Extend Exclusive Partnership through 2028, Continuing Their Focus on Expanding Identity Verification Solutions Press Releases New Virtual I-9 Document Review Service Coming Soon from Sterling and ID.me New Virtual I-9 Document Review Service Coming Soon from Sterling and ID.me Latest Hire ID.me Appoints Taylor Liggett as Chief Growth Officer ID.me Appoints Taylor Liggett as Chief Growth Officer Developers Back to ID.me Sign into My Account Services ID.me Rx ID.me Shop ID.me Government ID.me Jobs Help Center Products Platform ID.me Digital Wallet Unify Authentication Access Management Identity Verification Credential Validation Login Security Features Regulatory Compliance Multi-Factor Authentication Omnichannel Identity Verification Privacy-by-Design Customer Controlled Data Sharing Preventing Identity Theft & Fraud Walkthrough ID.me Overview Video No Identity Left Behind - Online Identity Verification by ID.me ID.me Overview Video Partnership Directory Trusted Partner Network Partnership Directory Solutions Industries Public Sector Healthcare Retail & eCommerce Employment & Background Checks Automotive Travel & Hospitality Financial Services & FinTech Ticketing & Entertainment Communities Military & Veterans First Responders Teachers Students Nurse & Medical Featured Case Studies Case Study Frictionless Identity Proofing Helps MDLand Improve Patient and Physician Experience While Adhering to Government Mandates Frictionless Identity Proofing Helps MDLand Improve Patient and Physician Experience While Adhering to Government Mandates Case Study How a Public-Private Partnership Provided Benefits to Eligible Individuals and Saved Billions for One State How a Public-Private Partnership Provided Benefits to Eligible Individuals and Saved Billions for One State Resources By Category Customer Experience Digital Equity Security Permissioned Marketing By Community Military & Veterans Student Nurse & Medical Teachers First Responders By Type News Room Videos Articles Case Studies White Papers Brochures Events Webinars Partner Announcements Company About Team Press Releases Partner Program Media Inquiries Press Releases ID.me and Sterling Extend Exclusive Partnership through 2028, Continuing Their Focus on Expanding Identity Verification Solutions ID.me and Sterling Extend Exclusive Partnership through 2028, Continuing Their Focus on Expanding Identity Verification Solutions Press Releases New Virtual I-9 Document Review Service Coming Soon from Sterling and ID.me New Virtual I-9 Document Review Service Coming Soon from Sterling and ID.me Latest Hire ID.me Appoints Taylor Liggett as Chief Growth Officer ID.me Appoints Taylor Liggett as Chief Growth Officer Developers Back to ID.me News, Press Releases ID.me Raises $340 Million to Combat AI-Driven Fraud and Expand Secure Digital Identity McLean, VA, September 3, 2025 — ID.me, trusted by more than 152 million users to securely prove their identity online, has raised $340 million across a Series E financing announced today and its recent credit facility, at a valuation exceeding $2 billion. The Series E round was led by Ribbit Capital, with participation from existing investors Ares Credit funds and Moonshots Capital, as well as new investors, including Positive Sum. This funding will accelerate ID.me’s mission to expand access to secure, reusable digital identity and to stop AI-driven fraud. Fraud is now both a financial and national security crisis. Between 2018 and 2022, the U.S. government lost up to $521 billion annually to fraud, according to the GAO. Organized criminal networks in Russia, China, and Nigeria have stolen billions in pandemic relief funds, while North Korean actors increasingly target U.S. companies using stolen identities. Fraudsters are now weaponizing AI tools like deepfakes to exploit vulnerabilities faster than ever. Defeating them requires equally advanced, rapidly deployed solutions. ID.me is at the forefront of this fight. Seven states credited ID.me with preventing more than $270 billion in unemployment fraud during the pandemic. After the Virginia Employment Commission introduced ID.me in 2024, digital claims rose by 173% while call center volume fell by 57%—streamlining access for claimants and reducing operational strain for the agency. “Fraud is evolving at the speed of AI—and so are we,” said Blake Hall, Founder and CEO of ID.me. “Secure identity is foundational to AI ecosystems that will depend on memory, context, and authentication, and ID.me is leading the charge. This funding strengthens our ability to expand secure digital access, protect privacy, and innovate faster to stay ahead of criminal networks.” This milestone underscores ID.me’s rapid growth as a trusted digital wallet. In 2024 alone, ID.me added 20.4 million new wallets—over 55,000 each day—and powered more than 409 million successful logins—a 44% increase year-over-year. With unmatched reach and a proven ability to deliver measurable impact, ID.me serves: 152 million users, representing nearly 60% of U.S. adults 76 million verified to federal IAL2 standards 20 federal agencies and 45 state agencies 70+ healthcare organizations 600+ leading consumer brands 500+ US employers “We believe the AI revolution will reshape the global economy, and identity will be its foundation,” said Justin Saslaw, General Partner at Ribbit Capital. “As AI agents become ubiquitous, trusted identity tokens will enable secure, seamless interactions between people, organizations, and machines. ID.me has built one of the most advanced and widely adopted digital identity wallets in the world, giving it a durable advantage in creating and scaling the identity tokens that will power this new era. We’re excited to partner with Blake and the ID.me team as they expand their leadership in the token-driven AI economy.” “As AI reshapes the economy and new fraud risks emerge, we believe ID.me’s digital identity wallet will become even more essential in enabling secure connections between large organizations and their users, while also minimizing friction and improving the end-user experience,” said John Clark of Ares Management. “Ares is proud to continue supporting ID.me in its next phase of growth.” About ID.me ID.me is the next-generation digital identity wallet that simplifies how individuals securely prove their identity online. Consumers can verify their identity with ID.me once and seamlessly sign-in across websites without having to create a new sign-in and verify their identity again. Over 152 million users experience streamlined sign-in and identity verification with ID.me at 20 federal agencies, 45 state government agencies, and more than 70 healthcare organizations. More than 600 consumer brands use ID.me to verify communities and user segments to honor service and build more authentic relationships. ID.me’s technology meets the federal standards for consumer authentication set by the Commerce Department and is approved as a NIST 800-63-3 IAL2 / AAL2 credential service provider by the Kantara Initiative. ID.me is committed to “No Identity Left Behind” to enable all people to have a secure digital identity. To learn more, visit https://network.id.me/. Tags Digital Equity Digital Identity Fraud ID.me Identity Verification ID.me simplifies how individuals prove and share their identity online. Mail Contact Support Product Platform ID.me Digital Wallet Unify Authentication Access Management Identity Verification Credential Validation Login Security Features Regulatory Compliance Multi-Factor Authentication Omnichannel Identity Verification Privacy-by-Design Customer Controlled Data Sharing Preventing Identity Theft & Fraud Solutions Industries Public Sector Healthcare Retail & eCommerce Employment & Background Checks Automotive Travel & Hospitality Financial Services & FinTech Ticketing & Entertainment Communities Military & Veterans First Responders Teachers Students Nurse & Medical Resources Resources By Category Customer Experience Digital Equity Security Permissioned Marketing By Group Military Student Nurses First Responders Teachers By Type Videos Newsroom Articles Case Studies White Papers Press Releases Brochures Events Webinars Partner Announcements Company Company Team Press Developers Documentation Design & UX Tutorials Technical Support Developers Back to ID.me Privacy | Terms | Cash Back | California | Cookie Preferences
File and source
- File
- id-me-raises-340-million-to-combat-ai-driven-fraud-and-expand-secure-d_a0d64b9e004d79fc.html
- Size
- 149,116 bytes
- SHA-256
- eb2ab6b39568f149bd5becbeefc0920592f0626cdd2a9eb0d1a48dc83729e462
- Our copy
- id-me-raises-340-million-to-combat-ai-driven-fraud-and-expand-secure-d_a0d64b9e004d79fc.html
- Original
- network.id.me