CertifID company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

certifid.com

Founded Year

2017

Stage

Series A | Alive

Total Raised

$16.02M

Last Raised

$12.5M | 3 mos ago

About CertifID

CertifID is a technology company that aims to help keep transactions safe. Consulting services related to best practices for minimizing risks associated with identity theft are also available from the company. CertifID was founded in 2017 and is based in Grand Rapids, Michigan.

CertifID Headquarter Location

301 Leonard Street

Grand Rapids, Michigan, 49505,

United States

616-855-0855

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing CertifID

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CertifID is included in 1 Expert Collection, including Cybersecurity.

C

Cybersecurity

4,937 items

CertifID Patents

CertifID has filed 1 patent.

The 3 most popular patent topics include:

  • Fraud
  • Identity documents
  • Payment systems
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/16/2018

2/2/2021

Social networking services, Identity documents, Fraud, Social engineering (computer security), Payment systems

Grant

Application Date

1/16/2018

Grant Date

2/2/2021

Title

Related Topics

Social networking services, Identity documents, Fraud, Social engineering (computer security), Payment systems

Status

Grant

Latest CertifID News

CertifID Raises $12.5M to Protect Users From Wire Fraud

May 18, 2022

With plans to double in headcount, the company plans to open an Austin office on South Congress. Photo: CertifID co-founders Tyler Adams, left, and Tom Cronkright. | Photo: CertifID CertifID , a cybersecurity startup aimed at securing real estate transactions, will continue innovating its wire fraud prevention platform with a round of fresh funding. The Austin and Grand Rapids-based startup announced Monday that it has secured $12.5 million in a Series A funding round that was led by Arthur Ventures. As part of the investment, Patrick Meenan, general partner at Arthur Ventures, will join the company’s board of directors. Prior to the Series A round, CertifID raised $3.9 million in venture funding. With the latest investment, CertifID CEO Tyler Adams told Built In the 30-person team will double in the next year to about 60 or 65 employees. To adjust to the expected growth, CertifID is in the process of signing a lease for a new Austin office on South Congress Avenue, near Cosmic Coffee. Adams said they expect to move into the 5,000-square-foot space in June. CertifID provides a SaaS security platform that uses identity protection to protect wire transfers. Prior to carrying out the wire transfer, CertifiID’s platform ensures that the transfer will be carried out between validated parties. The platform has unique wire solutions that meet its client’s specific needs, including real estate agents, title agents and law firms. The idea for CertifID was conceived in 2015 when Lawrence Duthler and Thomas Cronkright, the co-owners of a Michigan title agency, lost $200,000 due to wire fraud and spent months trying to recoup their loss. Cronkright and Duthler, along with Adams, launched CertifID two years later, in 2017. “The threat of wire fraud continues to develop as cybercriminals adapt their strategies and tactics, and we believe the effective use of technology can mitigate it,” Adams said in a statement. “We plan to continue investing in product innovation that helps title companies and law firms level up their operations on all types of transactions and transfers of funds.” Besides verifying wire transfers, the startup also provides fraud recovery services for victims of wire fraud. Most importantly, it also provides cybersecurity education. The company has ongoing partnerships with secret services and insurance companies, such as Lloyd’s of London and, works at raising awareness of security threats. “Since day 1 of CertifID, education has always been our hallmark. We believe that the more we can educate the industry and everyone who participates in a real estate transaction, the better our chances are of slowing down the impact of fraud,” Adams said. “We are going to double down our education efforts in a big way.” Jobs at CertifID

CertifID Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

CertifID Rank

  • When was CertifID founded?

    CertifID was founded in 2017.

  • Where is CertifID's headquarters?

    CertifID's headquarters is located at 301 Leonard Street, Grand Rapids.

  • What is CertifID's latest funding round?

    CertifID's latest funding round is Series A.

  • How much did CertifID raise?

    CertifID raised a total of $16.02M.

  • Who are the investors of CertifID?

    Investors of CertifID include Arthur Ventures and Wakestream Ventures.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.