Footprint, a company focused on automating consumer onboarding and reducing identity fraud, has raised $13 million in a Series A round led by QED Investors. The funding will be used to enhance Footprint’s product offerings, including the launch of a fraud suite, and the expansion of the types of identification data it can assess. Footprint’s goal is to create a centralized network of authentic, de-duplicated identities to streamline KYC processes and reduce friction for users. Leveraging advanced technologies like AWS Nitro Enclaves and FIDO2 standards, Footprint aims to ensure secure and portable identity verification.
Footprint Raises $13 Million Series A Led by QED Investors to Automate Consumer Onboarding and Make Identity Portable