Onfido

We got an exclusive look at the pitch deck AI security startup Onfido used to raise $100 million in funding despite coronavirus

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UnternehmenOnfido
Branche🕹️ AI/ML/Big Data
FinanzierungsrundeSeries D, Later Stage
Eingesammelt (Mio. USD)$100.0
Größenordnung$50-250 Mio
Jahr2020
LandUnited Kingdom 🇬🇧
PhaseSeries D, Later Stage
InvestorenSalesforce Ventures, TPG Growth

Unraveling the Success of Onfido's Series D Funding: An In-depth Overview of their Pitch Deck

About Onfido

Onfido is an industry leader in AI security, revolutionizing the world of business with its Digital Identity Verification. Their state-of-the-art Real Identity Platform assists businesses in the crucial task of validating customer identities seamlessly. Known for its innovative solutions, Onfido's wide selection of products, such as Airside Mobile Verify, Onfido Studio, and Onfido Atlas, have built a reputation in combating fraud, achieving global compliance, and simplifying customer acquisition strategies.

About Onfido's PitchDeck

Notably, amid the economic turmoil instigated by the COVID-19 pandemic, Onfido generated substantial buzz by securing an impressive $100 million in Series D funding. The pitch deck, which played a significant role in this successful capital raise, supplies an intriguing insight into Onfido's strategic business vision. Despite external adversities, the pitch deck underlined the enduring value and relevance of Onfido's technology, with significant emphasis on automation, global compliance, and cost-efficient customer acquisition strategies.

Why Investors Believed in Onfido?

The strength of Onfido's innovative solutions and its proven success in addressing industry challenges are hard to ignore for investors. The strategic approach in the pitch deck to articulate the company's abilities to cater to diverse industry needs has sealed its appealing proposition to the investors. Thus, securing their confidence and belief in the importance of secure and efficient digital identity verification, Onfido's core offering, even during a time of global crisis. The acquisition of this substantial Series D funding underscores the brand's resilience and potential in a rapidly changing digital landscape.

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