ID.me, a U.S.-based digital identity verification provider, has raised $340M in Series E funding and credit facilities led by Ribbit Capital, boosting its valuation to over $2B and bringing total funding to $1.1B. The company, which already verifies 152 million users and partners with 20 federal agencies, 45 states, 70 healthcare organizations, and hundreds of employers and brands, will use the funds to expand secure digital identity solutions and combat AI-driven fraud, such as deepfakes and synthetic identities. With proven impact—preventing $270 billion in unemployment fraud during the pandemic—ID.me is positioning itself as a critical player in protecting privacy and scaling trusted identity infrastructure across government and commercial sectors.
ID.me Raises $340M at $2B Valuation to Combat AI Fraud and Expand Digital Identity Services
