Fundz

Authenticid Announces $100 Million Minority Growth Investment Led By Long Ridge

PUBLIC · AHROJul 22, 2021

Amount Raised

$100 Million

Round Type

Venture

MorristownFinancial ServicesFashionEmployee BenefitsMusicInsuranceSaaS

Description

AuthenticID, the leading provider of Identity Proofing solutions for large enterprises, announced it has closed a $100 million minority investment from Long Ridge Equity Partners, a technology-focused growth equity firm. The investment will support AuthenticID’s continued expansion within telecommunications, financial services, government, and other consumer segments looking to establish trust and mitigate fraud, as well as enable AuthenticID to support the next generation of digital identity platforms.

Quick answer

Authentic raised $100 Million in a funding round, dated July 22, 2021. Authentic is based in Morristown, New Jersey, United States.

How much did Authentic raise?
Authentic raised $100 Million in a funding round on July 22, 2021.
What does Authentic do?
Authentic enables SaaS platforms, associations, and other communities to create their own captive insurance programs.
Where is Authentic based and how big is it?
Authentic is based in Morristown, New Jersey, United States. Fundz records about 707 employees.
Who are the decision-makers at Authentic?
Fundz holds 1 contact at Authentic. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fashion around the same time

Companies in the same sectors as Authentic that raised within 45 days of this round, from Fundz verified event records.

  • BenePass raised $12M on August 9, 2021.
  • Hub International raised $2.7M (Seed) on June 17, 2021.
  • Treasury4 raised $2.3M (Seed) on August 23, 2021.
  • Nymbus raised $3M (Series C) on August 5, 2021.
  • Titan raised $30M (Funding Round) on August 3, 2021.
  • Travelers raised an undisclosed amount on July 14, 2021.

Who to call at Authentic, and when

A new round usually means Authentic is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Authentic raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Authentic, from your own LinkedIn network

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Company Information

Company

Authentic

Location

Morristown, New Jersey, United States

About

Authentic enables SaaS platforms, associations, and other communities to create their own captive insurance programs. Captives bring financial and coverage benefits that large enterprises have leveraged for the past ~50 years. Authentic's tech-enabled platform compresses the complexity of captive insurance and delivers the benefits to small business groups.

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Fundz sees it the moment Authentic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Authentic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.