Tech Company Financing Transactions
Yoti Funding Round
On 3/9/2023, Yoti secured $12 million in investment from Lloyds Banking Group.
Transaction Overview
Company Name
Announced On
3/9/2023
Transaction Type
Venture Equity
Amount
$12,034,000
Round
Undisclosed
Investors
Lloyds Banking Group (Lead Investor)
Proceeds Purpose
The company intends to use the funds to develop its technology that protects customers' identities and personal data online.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
107 Leadenhall Street 6th Fl
London England, EC3A 4AF
UK
London England, EC3A 4AF
UK
Phone
Undisclosed
Website
Email Address
Overview
We make it safer for individuals to prove who they are We began in 2014 by building a free consumer app that puts your ID on your phone. The Yoti app is designed with privacy at its core, giving individuals a safe way to share personal details with businesses and individuals. Today, we have over 12 million app downloads around the world. We've expanded our offering to a suite of business solutions that span identity verification, age estimation, e-signing and AI anti-spoofing technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Seyi Akiwowo
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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