Footprint Raises $13 Million in Series A led by QED Investors to Automate Consumer Onboarding and Make Identity Portable.
May 21, 2024•over 1 year ago
Amount Raised
$13 Million
Round Type
series a
Investors
Animal CapitalNeoDefinitionPalm Tree CapitalBox GroupOperator PartnersLerer HippeauIndex VenturesQed Investors
Description
Footprint announced a $13 million Series A led by QED Investors. The funding will be used to double down on the Footprint product, providing the highest fidelity verification for people today and ways to utilize identities within Footprint tomorrow. Footprint will launch its fraud suite and expand the number and types of identification consumers can use to verify.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech