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Unum ID

company

About

Unum ID is an ID card network that securely allows users to share and access verified data online.

Details

Last Funding Type
Seed
Last Funding Money Raised
$2M
Industries
Blockchain,Information Technology,Software
Founded date
Jan 1, 2020
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Unum ID, Inc.

Unum ID is an ID card network that securely allows users to share and access verified data online. Unum ID's software ties a single human to their mobile device and ties that mobile device to their online identities through cryptography. In doing so, they can create a single customer identity that is common not only across all business units in a single company but also across separate companies altogether. Crucially, all personal information is pushed to the edge and stored only on each user’s mobile device, embedding user consent by design and providing unmatched privacy and security.

This is a paradigm shift in how identity is handled online that provides value across industries. Companies can onboard verified users in seconds, not minutes. Verifying users to “know their customer” becomes an asset instead of a liability. Eliminating behavioral fraud (e.g. SIM swapping, phishing) can be achieved in a single app update.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$4.91M
Unum ID has raised a total of $4.91M in funding over 2 rounds. Their latest funding was raised on Apr 20, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 20, 2022 Seed $2M 4 1414 Ventures
Outliers Fund
Detail
Jun 17, 2020 Seed $2M 4 Draper Associates Detail
May 28, 2020 Grant $50K 1 Detail
Oct 2, 2019 Series Unknown 1 Detail
Oct 22, 2018 Seed $865K Detail

Investors

Number of Lead Investors
Number of Investors
4
10
Unum ID is funded by 10 investors. 1414 Ventures and Outliers Fund are the most recent investors.
Investor Name Lead Investor Funding Round
1414 Ventures Yes Seed
Outliers Fund Yes Seed
Plug and Play Insurtech Yes Seed
Draper Associates Seed
Tappan Hill Ventures Seed
Hard Yaka Seed
Wedbush Ventures Seed
EOS VC Fund Grant
Samsung NEXT Series Unknown
EvoNexus Non-Equity Assistant

Employee Profiles

Number of Employee Profiles
4
Unum ID has 4 current employee profiles, including Executive Liam McCarty
Executive
Advisor
Executive
Advisor