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Stage

Corporate Minority | Alive

Total Raised

$6.4M

About FireID

FireID is a venture builder that specializes in supporting individuals with unique skills and passion to establish startups in various sectors. The company provides comprehensive support from the initial research phase, through product creation, to achieving product/market fit and scaling globally. FireID's services are utilized by entrepreneurs in industries such as insurance technology, job marketplaces, and educational technology. It is based in Stellenbosch, South Africa.

Headquarters Location

Stellenbosch,

South Africa

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Expert Collections containing FireID

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

FireID is included in 1 Expert Collection, including Cybersecurity.

C

Cybersecurity

8,428 items

These companies protect organizations from digital threats.

FireID Patents

FireID has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/2/2013

Mobile web browsers, Payment systems, Payment service providers, Transaction processing, Gannett publications

Application

Application Date

4/2/2013

Grant Date

Title

Related Topics

Mobile web browsers, Payment systems, Payment service providers, Transaction processing, Gannett publications

Status

Application

Latest FireID News

FireID gets R48m for global expansion

Dec 9, 2016

Mergers, Acquisitions and Financial Results Local mobile security business FireID has raised €5m (about R48m) from Jersey-based capital investment firm 4D Innovative Capital (4Di Capital) International to help it expand internationally. FireID started in 2006 and over the past few years the company has been pushing into international markets, including the US and the UK. The company’s CEO, Jenny Dugmore, says the 4Di Capital investment will help the South African business boost its growth in international markets. “These new resources will be instrumental in accelerating our rapid growth and building on our leadership position in mobile two-factor authentication solutions,” she says. The application created by the business generates secure one-time-passwords allowing users to log into secure systems using access tokens fed to mobile devices.4Di Capital is an early-stage capital investment company that focuses on funding high-tech businesses, primarily in Southern Africa. It focuses on software, web, media and telecommunications, from the seed funding stage onwards. Director of 4Di Capital Erik van Vlaanderen says two-factor authentication to prevent identity theft globally is a growing market segment. “We believe that FireID, both the company and its product, is positioning itself advantageously to capture a significant share of the global market and provide a healthy return to its shareholders,” says Van Vlaanderen. Telecoms ENIssue no 521 10th September 2010 Top Story

FireID Frequently Asked Questions (FAQ)

  • Where is FireID's headquarters?

    FireID's headquarters is located at Stellenbosch.

  • What is FireID's latest funding round?

    FireID's latest funding round is Corporate Minority.

  • How much did FireID raise?

    FireID raised a total of $6.4M.

  • Who are the investors of FireID?

    Investors of FireID include Standard Bank of South Africa and 4Di Capital.

  • Who are FireID's competitors?

    Competitors of FireID include Antler and 7 more.

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Compare FireID to Competitors

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Tascet

Tascet specializes in cybersecurity and fraud prevention within the technology sector. The company offers a security module, including a cognition engine and a unique security credential, designed to protect enterprises from various forms of cybercrime and fraud. Tascet's solutions are utilized across multiple sectors such as financial, healthcare, retail, wireless providers, insurance, travel, education, payments, and government. It is based in Madison, Wisconsin.

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ReachFive

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Nuggets

Nuggets operates as an identity super-wallet, delivering verified self-sovereign decentralized identity, compliance, and multi-rail payment with privacy and security. Nuggets is built for Web2, Web3, and DeFi. It provides a reusable, interoperable decentralized identity with a merit-based reputation. It also offers a non-custodial cache for the user's digital assets. The company was founded in 2016 and is based in London, United Kingdom.

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Feedzai

Feedzai focuses on financial crime prevention, operating within the financial technology and artificial intelligence (AI) sectors. The company offers a suite of solutions that use advanced machine learning to detect and prevent financial fraud, manage financial risk, and ensure compliance with regulatory requirements. Its primary customers are large financial organizations, including retail and corporate banks, fintech companies, and payment service providers. It was founded in 2011 and is based in San Mateo, California.

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