Identiq
“Can privacy-preserving cryptography let competing companies pool fraud signals without ever exposing customer data?”
Founded2018
HQTel Aviv, Israel
Total raised$52M+
Latest roundSeries A, 2021
IndustryInfrastructure / Identity
The story
Founded 2018 in Tel Aviv as a privacy-first fraud prevention startup, Identiq pioneered a peer-to-peer identity validation network using cryptographic multi-party computation so that companies could vouch for good customers without ever exchanging PII. After raising $47M in 2021 driven by pandemic-era fraud demand, Identiq scaled its network across e-commerce, fintech, marketplaces, and travel. In June 2026, Identiq was acquired by Incode Technologies, positioning its FAIR cryptographic network as the peer-to-peer intelligence layer of Incode's AI-powered identity verification platform.
Last 12 months
Product timeline
2019
Launched Anonymous Verification Network with $5M seed round; introduced FAIR (Fully Anonymous Identity Resolution) technology using secure multi-party computation.· pivot
2021
Raised $47M Series A led by Insight Partners to expand internationally amid pandemic-era e-commerce fraud surge.· banking
2023
Partnered with Spec to integrate Identiq's peer-to-peer identity network into Spec's customer journey security platform.· pivot
2026
Acquired by Incode Technologies as part of Incode's $100M privacy-first infrastructure commitment.· acquisition
The stack
0 layers disclosed in Identiq’s embedded-finance stack
Accounting gap: none