Incode
ProviderEmbedded-finance supplier tracked in the Embedded Finance Index — no company has publicly disclosed it yet. Filed under Infrastructure / Identity.
Buyersnone disclosed yet
HeadquartersSan Francisco, CA, USA
Founded2015
FoundersRicardo Amper
Raised~$257M (as of 2021)
Founders & story · from Incode’s own dossier
Founded 2015 as a photo-sharing app, Incode pivoted to become an AI-powered identity verification platform, launching biometric authentication in 2017 and passive liveness detection in 2019. After hitting unicorn status in 2021 on the strength of banking and neobank adoption in the Americas, the company has consolidated the IDV market via acquisitions — MetaMap (2024), AuthenticID (2025), and Identiq (2026) — while doubling down on a privacy-first, on-device architecture to differentiate against Onfido, Persona, Jumio, and Socure.
Latest round: Series B, December 2021
Recent developments
- 2026-06Acquired Identiq and committed $100M to privacy-preserving identity infrastructure source ↗
- 2026Named Leader in Gartner Magic Quadrant for Identity Verification for third consecutive year; launched GovFaceMatch (biometric match against state DMV records) source ↗
Who uses Incode
No disclosed buyers yet — no dossier in the Index names Incode in its stack so far
The complete buyer list is not published on this page.
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What Incode runs on · from its own dossier
The third-party providers Incode itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Incode.
Incode — frequently asked
Who founded Incode?
Incode was founded by Ricardo Amper and is founded in 2015, headquartered in San Francisco, CA, USA.
How much funding has Incode raised?
Incode has raised ~$257M (as of 2021) in total.
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