Smile ID

Lagos, Nigeria · Founded 2017 · Privately Held (backing)

Developer of an identity management platform designed to help firms monitor customer records easily. Smile ID is based in Lagos, Nigeria and was founded in 2017. Its last reported valuation was $77.8 million in Feb 2023. It has raised $31 million.

Last reported valuation
$77.8M
Oct 2026
Priced at
—
Total raised
$31.0M
Last round
—

Smile ID key facts

as of Oct 2026
  • Developer of an identity management platform designed to help firms monitor customer records easily.
  • Smile ID is valued at approximately $77.8M as of Oct 2026 (last reported valuation).
  • It has raised $31.0M; the latest was Later Stage VC in Sep 2025.
  • Notable investors include 500 Global, Everywhere Ventures, Phoenix Court, Susa Ventures, Commerce Ventures — 33 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$77.8M

Smile ID's last reported valuation, Feb 2023. Nothing priced has surfaced since.

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

No rounds on record

No funding rounds for Smile ID 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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Smile ID valuation

Smile ID's last reported valuation was $77.8 million in Feb 2023. No priced round, secondary trade or fund mark has surfaced since.

Smile ID investors

33 investors are on record for Smile ID, including 500 Global, Everywhere Ventures, Phoenix Court and Susa Ventures. By type, the record holds 6 venture capital firms.

About Smile ID

Developer of an identity management platform designed to help firms monitor customer records easily. The company's platform includes a neutral network of image recognition algorithms and a turnkey service for any bank, telecom or application-based service that needs remote biometric enrollment, ID validation and authentication with no special hardware, enabling companies to scale rapidly by confirming the true identity of their users in real time, using any smartphone or computer.

Sector
Information Technology
HQ
Lagos, Nigeria
Founded
2017
Employees
75
Ownership
Privately Held (backing)

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