ID.me Secures $100 Million from Fortress to Support Record Growth and Advance Vision to Build the Identity Layer of the Internet
Summary
ID.me identity and group verification has enabled millions of people to gain access to everything from services like pandemic-related unemployment benefits to prescription medications and travel discounts. "One of our missions for the past year has been to help states get individuals the benefits they deserve while battling massive identity fraud," said Blake Hall, founder and CEO of ID.me. In partnership with Arizona Department of Economic Security (DES), ID.me saved the agency on fraudulent Pandemic Unemployment Assistance claims. The ID.me secure digital identity network has 60 million members with over 100,000 new subscribers joining daily, as well as partnerships with 27 states, multiple federal agencies, and over 500 name brand retailers. The companys technology meets the federal standards for consumer authentication and is approved as a NIST 800-63-3 IAL2 / AAL2 conformant credential service provider by the Kantara Initiative.