Vouched

Overview
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Identity & Access Management?
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End-to-end customer IAM
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Vouched is an AI-driven identity verification platform founded in 2018 that provides real-time verification solutions for regulated and commercial businesses. The company's proprietary AI and computer vision technology analyzes photo identity documents including passports and driver's licenses, performs facial recognition through selfie verification, and examines text data such as addresses. The platform covers more than 85% of the global population. In addition to visual identification, Vouched's solution validates customer identification against state DMV registries and government databases in real-time. The company offers three main products: Identity Essential for basic verification, Identity Advanced for deeper data checks, and Identity Premier for enhanced fraud prevention. In November 2023, Vouched expanded its offerings with VouchedAuto for the automotive sector and VouchedRx for telehealth providers. The company's technology identified more than 99% of known fraud cases. In January 2024, Vouched was named Seattle's startup of the Year by Hackernoon.com.

Key customers and partnerships

Vouched served more than 300 banks, fintech companies, and healthcare providers. Its notable customers include Hims Health, Alloy, BHG Financial, and Driveway (a subsidiary of Lithia Motors). After implementing Vouched's identity verification solution, Driveway reported a 40% reduction in average onboarding time and an 80% decrease in fraud-related profit losses. The company's technology works with more than 500 ID types across over 60 countries.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
506 2nd Avenue Suite 1400 Seattle WA USA
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 18.2 mn
Last Funding:
USD 6.3 mn (Series A; Feb 2023)
Last valuation:
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