Evident Raises $20 Million for Secure, AI-Powered Identity Verification
Summary
The financing will enable Evident to broaden its existing, robust technical infrastructure including deepening its investment in AI and machine learning, computer vision, and facial recognition technologies. Unlike existing solutions, Evident verifies identity holistically, encompassing both online and offline factors such as business licenses, biometrics, insurance, criminal history, and more. Evident enables companies to confidently know who they are registering, hiring, onboarding or verifying for a wide variety of applications while leveraging end-to-end cryptography and machine learning to meet increasingly strict privacy requirements. “With this new infusion of capital, we can scale to meet the increasing demands of current customers and marketplaces, as well as continue to grow in additional markets and industries including insurance, healthcare and financial services.” With connections to thousands of authoritative sources through a single API, Evident is the only platform that enables comprehensive, accurate, and up-to-date identity and credential verifications without the risk and liability of holding personal information.