TECH5.ai

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TECH5 is an international technology company that specializes in biometrics and digital identity management. It is based in Switzerland and focuses on developing inclusive biometric and digital ID offerings through the application of AI and machine learning technologies. The company’s offerings include Contactless Capture, Identification, Credential Issuance, and Verification and Authentications. 

Moreover, it offers a range of technology solutions, including T5-Capture, allowing the rapid capture of any biographic and biometric data with any device anywhere; T5-Identify, which identifies a person in seconds with any biometric modality from TECH5’s portfolio; T5-Investigate, which allows seamless searching of booking data and the creation of virtual line-ups in seconds from any device; T5-Credential, which generates credentials with intuitive designs and encoding and printing tools; T5-Verify, which uses the company’s biometric solution for accurate, secure identity verification and KYC compliance; and T5-Authenticate, which adopts passwordless biometric MFA for unrivaled, foolproof security.

TECH5, which uses a B2B sales model, has offices in Portugal, the US, India, the UAE, and Australia. The company acquired ImageWare Systems in January 2023.

Key customers and partnerships

TECH5 partnered with SISCO to add biometric identity management capabilities to the latter’s portfolio of visitor management and ship management solutions for the maritime and security industries. In addition, it has partnered with OSIA, TOTM Technologies, LandQart, MOSIP, and Certi Sign. Meanwhile, it serves a multitude of business cases, and its state-of-the-art, highly scalable platforms are deployed in several continents serving over 400 million identities.

Funding and Financials

TECH5 raised USD 10 million in April 2022 through a Venture round. The investment was made by a new group of sophisticated investors in high-technology companies from Singapore. The funds raised were used to accelerate the company’s global expansion.

HQ location:
rue de Neuchâtel 8 Geneva CHE
Founded year:
2018
Employees:
101-250
IPO status:
Private
Total funding:
USD 20.5 mn
Last Funding:
USD 10.0 mn (Series Unknown; Apr 2022)
Last valuation:
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Key competitors
 
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