Tech Company Financing Transactions
Jumio Funding Round
Jumio, based in Palo Alto, scored $150 million from Great Hill Partners.
Transaction Overview
Company Name
Announced On
3/24/2021
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Great Hill Partners (Nick Cayer)
Proceeds Purpose
The company says it will use the funds to build more tools on its platform, and to double down on customer growth after a big year.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
395 Page Mill Rd. 150
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
Jumio delivers the next-generation in digital ID verification, enabling businesses to reduce fraud and increase revenue while providing a fast, seamless customer experience. Jumio uses computer vision technology to verify credentials issued by over 200 countries in real time web and mobile transactions.
Management Team
Title
Name
Email & Social
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