ID.me, the digital identity verification platform, is facilitating share sales for employees and early investors, valuing the company at $1.8 billion, up from its previous $1.73 billion valuation. The tender offer, which allows $67 million for share purchases, is speculated to be a prelude to a potential IPO in 2025. ID.me remains a key player in the digital identity space through the use of facial recognition biometric technology, with continued partnerships with marquee clients like the IRS.
ID.me Share Sales May Point to IPO