Secure digital identity network ID.me has raised $132m in its Series D funding round and appointed Samantha Greenberg as its new chief financial officer.
The Series D capital injection was led by Viking Global Investors, an American-based hedge fund. Other commitments came from CapitalG, Morgan Stanley Counterpoint, FTV Capital, PSP Growth, Auctus Investment Group, Moonshots Capital, and Scout Ventures.
Taking up the role of CFO, Greenberg has over 20 years of experience leading financial operations, analysing private and public technology and consumer companies and scaling high-growth businesses.
Commenting on the appointment of Greenberg, ID.me co-founder and CEO Blake Hall said, “We are fortunate to have Samantha join our senior leadership team, given her excellent track record in growing companies to serve their customers and business partners,”.
“Her expertise will support our mission to provide our more than 100 million members with a safe and secure digital identity credential facilitating access across services, benefits, healthcare and commerce without selling their personal data. Samantha is joining our team at the right time, after we closed our Series D funding and surpassed 100 million members. These are big milestones toward our vision to streamline access to benefits and services while ensuring no identity is left behind.”
Most recently, Greenberg served as the CFO of Mint House where she led financial operations, including financial planning and analysis, accounting and reporting, investor relations, M&A, capital markets, audit, treasury, and tax.
Prior to Mint House, she has worked at Citadel, Goldman Sachs and Paulson & Co. Greenberg also founded scaled and led SEC registration of investment management firm Margate Capital Management LP, growing it into the third-largest female-run hedge fund in the US
Greenberg added, “I am deeply inspired by ID.me’s mission to bring digital access to underserved communities and to combat identity theft and fraud attacks in service of our country. I look forward to partnering with Blake Hall and the ID.me team as we build long-term value for consumers and our customers, investors and employees.”
With the close of the Series D round, the company has raised a total of $240m in equity since it was founded in 2010.
ID.me is an identity company that helps consumers easily access online services and control their personal data. Over 100 million members can use their ID.me wallet to verify their identity across 30 US states, 14 federal agencies and over 500 name-brand retailers across the ID.me digital identity network.
Its platform offers secure login, identity proofing, and community affiliation verification for organisations across sectors.
In other RegTech news, Fenergo, a KYC and CLM digital solutions provider, released a new transaction monitoring tool, following the consolidation of its Sentinels acquisition one year ago.
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