Tech Company Financing Transactions
CertifID Funding Round
CertifID, based in Grand Rapids, raised $20 million in investment from Arthur Ventures.
Transaction Overview
Company Name
Announced On
9/12/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Arthur Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds for continued product development and scale operations.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
131 Caledonia St NE
Grand Rapids, MI 49505
USA
Grand Rapids, MI 49505
USA
Phone
Undisclosed
Website
Email Address
Overview
We're the only company dedicated to securing wire transfers with identity verification software, insurance, and proven recovery services. After law school, Tom Cronkright and a classmate founded Sun Title, a title company in Grand Rapids, Michigan. Ten years later, one of their employees wired $180,000 to a fraudulent account. This single case of wire fraud nearly sank the company and changed Cronkright's life forever.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to record funding rounds that are announced publicly. All VC database entries on this site are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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