About
Jumio is an AI-powered identity verification platform processing 1M+ verifications daily, with 1B+ total verifications to date. $196M raised from Andreessen Horowitz, Citi, and Great Hill Partners. ~$100M ARR serving 1,000+ enterprise customers including HSBC, Coinbase, Airbnb, and United Airlines. Founded 2010, backed early by Facebook co-founder Eduardo Saverin. 2024 Globee Cybersecurity Award winner.
Key Facts
- [1]Founded: Founded in 2010 in Palo Alto, United States.
- [2]Funding: Total funding: $196M. Last round: Oct 2024. Stage: Growth.
- [3]Customers: Key customers include HSBC, United Airlines.
- [4]Employees: Employee count: 501-1,000.
- [5]Company Type: Acquired company.
- [6]Website: Official website: jumio.com.
- [7]AI Technology: Core AI/ML technologies: Computer Vision.
- [8]Region: Region: Americas (United States).
Founder
Daniel Mattes
Founder
Key Customers & Partners
AI Technology
Computer Vision
Image and video processing, OCR, and document extraction
Classification
Details
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Frequently Asked Questions
What is Jumio?
Jumio is an AI-powered identity verification platform processing 1M+ verifications daily, with 1B+ total verifications to date. $196M raised from Andreessen Horowitz, Citi, and Great Hill Partners. ~$100M ARR serving 1,000+ enterprise customers including HSBC, Coinbase, Airbnb, and United Airlines. Founded 2010, backed early by Facebook co-founder Eduardo Saverin. 2024 Globee Cybersecurity Award winner. Jumio is classified in the Risk & Compliance segment at the Models layer of the financial AI stack.
Who founded Jumio?
Jumio was founded by Daniel Mattes (Founder) in 2010 in Palo Alto, United States. The company has been operating for 16 years.
How much funding has Jumio raised?
Jumio has raised $196M in total funding, placing the company at the Growth stage. The most recent round closed in Oct 2024. Among 74 funded Risk & Compliance companies, Jumio ranks #22 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Jumio use?
Jumio primarily leverages Computer Vision technology. Image and video processing, OCR, and document extraction. Within the Risk & Compliance segment, 17 companies use this technology.
What market segment does Jumio operate in?
Jumio operates in the Risk & Compliance and Lending & Credit and Banking & Payments and Crypto & Web3 market segments. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually. The company also has a footprint in lending & credit and banking & payments and crypto & web3, reflecting its cross-functional approach to financial AI.
Where is Jumio headquartered?
Jumio is headquartered in Palo Alto, United States. The company operates in the Americas region. The team consists of 501-1,000 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Jumio's competitors?
Companies similar to Jumio in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does Jumio offer?
Jumio builds models-layer solutions for the financial services industry. The company's core offering: AI-powered identity proofing. The platform is powered by Computer Vision technology. Notable users include HSBC, United Airlines.
Is Jumio publicly traded?
Jumio is no longer independently traded. The company was acquired by another company. Prior to the acquisition, Jumio had raised $196M in venture funding.