Jumio
Founded Year
2012Stage
Private Equity | AliveTotal Raised
$201.71MLast Raised
$150M | 3 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+40 points in the past 30 days
About Jumio
Jumio is an identification credentials authentication company that helps businesses reduce fraud, meet regulations, and increase revenue. Jumio utilizes proprietary, computer vision technology and document experts to verify credentials, including passports and driver's licenses issued by over 130 countries.
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ESPs containing Jumio
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The identity verification market offers solutions to address the critical need for accurate and secure identity verification in various industries. This market focuses on providing technologies and processes to verify the identities of individuals in both online and offline interactions. Identity verification solutions employ a range of methods such as document verification, biometric authenticati…
Jumio named as Leader among 15 other companies, including Onfido, Ping Identity, and TrueLayer.
Jumio's Products & Differentiators
Jumio KYX Platform
Jumio KYX is a unified, end-to-end identity verification and eKYC platform that enables enterprises to easily verify user identities for onboarding, safeguard existing accounts, mitigate financial crime risk and manage compliance requirements. Jumio uses AI, biometrics, machine learning and certified liveness detection to help rapidly convert customers, stop fraudsters and maintain KYC/AML compliance. The Jumio KYX Platform knocks down one of the biggest hurdles to digital transformation for many organizations — the identity verification and eKYC process. Businesses can tailor the Jumio KYX Platform to fit their unique needs and risks and tap into services that accelerate digital transformation without sacrificing security and convenience.
Research containing Jumio
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Jumio in 6 CB Insights research briefs, most recently on Aug 1, 2023.
Aug 1, 2023
463 startup failure post-mortems
Expert Collections containing Jumio
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Jumio is included in 7 Expert Collections, including Digital Banking.
Digital Banking
839 items
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
Regtech
1,921 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Digital Lending
2,363 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Artificial Intelligence
10,944 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Cybersecurity
6,865 items
These companies protect organizations from digital threats.
Fintech
8,095 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Jumio Patents
Jumio has filed 52 patents.
The 3 most popular patent topics include:
- Authentication methods
- Computer network security
- Biometrics
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
9/20/2021 | 8/29/2023 | Face recognition, Biometrics, Conidae, Optical character recognition, Authentication methods | Grant |
Application Date | 9/20/2021 |
|---|---|
Grant Date | 8/29/2023 |
Title | |
Related Topics | Face recognition, Biometrics, Conidae, Optical character recognition, Authentication methods |
Status | Grant |
Latest Jumio News
Sep 28, 2023
Cybersecurity Awareness Month - Expert Commentary from Industry Leaders With Cyber Awareness Month coming up next week, the commentary from cybersecurity expert Bala Kumar, Chief of Product at Jumio, for October’s Cybersecurity Awareness Month for you to use in any relevant stories you may be writing. For reference, Cybersecurity Awareness Month is now in its 20th year, initially launched by the Department of Homeland Security and the National Cyber Security Alliance to ensure organizations and consumers are ready to take on the cybersecurity landscape. This year’s theme, "It’s easy to stay safe online," demonstrates that while cybersecurity may seem complex, ultimately, it’s not. “There are a number of commonly used verification tools out there today, like multi-factor authentication (MFA) and knowledge-based authentication. However, these tools aren’t secure enough on their own. With the rise of new technologies like generative AI, cybercriminals can develop newer and more complex attacks that organizations need to be prepared for. Fraudsters can leverage ChatGPT, for instance, to create more convincing and targeted phishing scams to increase their credibility and impact, victimizing more users than before. This month’s emphasis on cybersecurity reminds us that organizations must build a strong foundation starting with user verification and authentication to efficiently protect customer and organizational data from all forms of fraud. Strong passwords and MFA are always beneficial to have, but with the increasing sophistication of cyberattacks, organizations must implement biometric-backed identity verification methods. By cross-referencing the biometric features of an onboarded user with those of the cybercriminal attempting to breach the company, organizations can prevent attacks and ensure that the user accessing or using an account is authorized and not a fraudster, keeping vital data out of criminals’ reach.”
Jumio Frequently Asked Questions (FAQ)
When was Jumio founded?
Jumio was founded in 2012.
Where is Jumio's headquarters?
Jumio's headquarters is located at 395 Page Mill Road, Palo Alto.
What is Jumio's latest funding round?
Jumio's latest funding round is Private Equity.
How much did Jumio raise?
Jumio raised a total of $201.71M.
Who are the investors of Jumio?
Investors of Jumio include Great Hill Partners, Centana Growth Partners, Millennium Technology Value Partners, Sharespost, Citi Ventures and 7 more.
Who are Jumio's competitors?
Competitors of Jumio include OneID, Faceki, Advance Intelligence Group, Techsign, Fourthline, Umazi, Yoti, Socure, Mopso, Innov8tif and 43 more.
What products does Jumio offer?
Jumio's products include Jumio KYX Platform and 1 more.
Who are Jumio's customers?
Customers of Jumio include Rappi, Bofin and Paysafe.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare Jumio to Competitors
Onfido delivers an artificial intelligence (AI) based technology with facial biometrics. It allows businesses to tailor verification methods to individual user and market needs in a no-code. It serves financial services, gaming, healthcare, telecommunications. and other industries. It was formerly known as Referencebox and Verifyrecruit. The company was founded in 2012 and is based in London, United Kingdom.
Veriff develops an artificial intelligence (AI)-driven visionary verification platform. It provides AI-powered identity verification solutions for identity fraud prevention, know-your-customer compliance, and fast conversions of valuable customers. The company was founded in 2015 and is based in Tallinn, Estonia.
Socure provides digital verification and fraud prevention management solutions. The company offers a predictive analytics platform that helps in fraud risk analysis, compliance management, identity verification, document verification, account verification, and more. It serves financial services, the marketplace, online gaming, and other industries. It was founded in 2012 and is based in Incline Village, Nevada.
Trulioo operates as a global identity and business verification company. It provides secure access to traditional and alternative data sources worldwide to instantly verify consumers and businesses online. It was founded in 2011 and is based in Vancouver, Canada.
Persona develops an identity verification system. It aims to offer businesses comprehensive and automated identity verification software-as-a-service (SaaS) with global coverage to help them with age verification, fraud prevention, and account recovery. It was founded in 2018 and is based in San Francisco, California.
Yoti is a digital identity platform to find a secure way of proving identities online and face-to-face. The company uses artificial intelligence (AI) and machine learning (ML) algorithms for secure age-checking services by sending verified details for secure registration and authentication into websites and offers data encryption to ensure customers' personal details are stored securely. It was founded in 2014 and is based in London, United Kingdom.
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