Tech Company Financing Transactions
Smile Identity Funding Round
Smile Identity, based in Oakland, secured $20 million from Costanoa Venture Capital, Norrsken22 and 500 FinTech.
Transaction Overview
Company Name
Announced On
2/15/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Costanoa Venture Capital (Lead Investor)
Norrsken22 (Lead Investor)
private investors (Lexi Novitske)
Proceeds Purpose
The company intends to use the funds to expand its product and engineering team, accelerating the development and specialisation of its AI-powered biometrics, document verification, anti-fraud and compliance solutions tailored for African markets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
6114 La Salle Ave.
Oakland, CA 94611
USA
Oakland, CA 94611
USA
Phone
Website
Email Address
Overview
At Smile Identity we believe anyone should be able to prove their identity easily, anywhere in the world. Our team is made up of American and African engineers and financial services professionals with experience across global markets in highly regulated environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Straub
Chief Technical Officer
William Bares
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