IDfy

Mumbai, India · Founded 2011 · Privately Held (backing)

Developer of a fraud detection platform designed to make compliance procedures easier. IDfy is based in Mumbai, India and was founded in 2011. Its last reported valuation was $54.5 million in Oct 2021. It has raised $71.8 million.

Last reported valuation
$54.5M
Oct 2026
Priced at
—
Total raised
$71.8M
Last round
—

IDfy key facts

as of Oct 2026
  • Developer of a fraud detection platform designed to make compliance procedures easier.
  • IDfy is valued at approximately $54.5M as of Oct 2026 (last reported valuation).
  • It has raised $71.8M; the latest was Later Stage VC ($52.3M) in Feb 2026.
  • Notable investors include New Enterprise Associates, KB Investment, Blume Venture Advisors, BEENEXT Capital Management, Kae Capital — 19 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$54.5M

IDfy's last reported valuation, Oct 2021. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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IDfy funding rounds

No rounds on record

No funding rounds for IDfy are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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IDfy valuation

IDfy's last reported valuation was $54.5 million in Oct 2021. No priced round, secondary trade or fund mark has surfaced since.

IDfy investors

19 investors are on record for IDfy, including New Enterprise Associates, KB Investment, Blume Venture Advisors and BEENEXT Capital Management. By type, the record holds 5 venture capital firms and 2 growth equity firms.

About IDfy

Developer of a fraud detection platform designed to make compliance procedures easier. The company's platform utilizes artificial intelligence and data science to offer authentication of individuals as well as compliance with general data protection regulations, anti-money laundering, know your customer (KYC), and other government regulations along with a better onboarding experience, enabling businesses to engage with confidence in a safe and secure environment.

Sector
Information Technology
HQ
Mumbai, India
Founded
2011
Employees
869
Website
idfy.com/
Ownership
Privately Held (backing)

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