• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

Here’s What’s Coming to CarPlay with iOS 26

June 10, 2025

Apple Unveils tvOS 26 (But homeOS Was Nowhere in Sight)

June 10, 2025

All the Highlights from Yesterday’s WWDC25 Keynote

June 10, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Startup»Vouched, an identity verification startup backed by Zulily co-founders, raises $6.3M – Startup
Startup

Vouched, an identity verification startup backed by Zulily co-founders, raises $6.3M – Startup

February 28, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Vouched, an identity verification startup backed by Zulily co-founders, raises $6.3M – GeekWire
Share
Facebook Twitter LinkedIn Pinterest Email
Vouched investor Darrell Cavens (left) and Vouched CEO John Baird. (Vouched Picture)

Vouched, a Seattle startup that helps firms confirm identification, raised $6.3 million.

The funding spherical was led by BHG VC and SpringRock Ventures in addition to prior buyers Darrell Cavens and Mark Vadon, co-founders of e-commerce large Zulily.

The 30-employee firm was spun out of Madrona Enterprise Labs, the accelerator based mostly at Madrona Enterprise Group in Seattle, and now serves greater than 300 banks, fintech firms and healthcare suppliers.

Vouched’s software program analyzes photos of picture identification paperwork together with passports and driver’s licenses. The expertise compares a person’s selfie to verify identification. It additionally examines textual content reminiscent of addresses. The concept is to supply fraud detection of an individual in real-time. 

Clients embrace Hims Well being and Alloy, which helps monetary firms make fraud, credit score and compliance selections.

Vouched CEO John Baird. (Vouched Picture)

“We look ahead to enhancing the worth of our identification verification platform to the healthcare market, and making certain we stay a trusted partner-of-choice for companies in extremely regulated markets,” mentioned CEO John Baird in an announcement Monday asserting the brand new funding.

Baird, a former Blue Nile and WE Communications govt, based Vouched in 2018 with John Cao, who left the corporate in 2021.

Different startups deploying ID verification expertise embrace Eugene, Ore.-based SheerID, Vancouver, B.C.-based Trulioo, Seattle-based AuthenticID, which raised $100 million in 2021, and OCR Labs. 

Vouched differentiates from opponents with proprietary AI fashions that assist establish greater than 99% of identified fraud instances, in keeping with a spokesperson. The brand new funding brings the overall raised by the startup to greater than $18 million.

Cavens was CEO of Zulily, which offered to QVC dad or mum Liberty Interactive for $2.4 billion in 2015. Vadon additionally based Blue Nile and served as chairman of on-line pet merchandise retailer Chewy. He was CEO of a “clean examine firm” that raised $300 million however didn’t discover a merger accomplice.

See also  What’s The True Cost Of Your Food? True Price Incorporates Social And Environmental Impact

Cavens and Vadon have additionally invested collectively in one other Seattle startup, Rad Energy Bikes.



Source link

6.3M backed cofounders identity Raises Startup verification Vouched Zulily
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Tim Cook Opposes Texas App Store Age Verification Law

May 26, 2025

Automatically Delete Verification Codes in Email and Text on Your iPhone

March 14, 2024

What Is iMessage Contact Key Verification and How Does It Work?

October 15, 2023

Disney Plans Password Sharing Crackdown as it Raises Prices

August 10, 2023
Add A Comment

Comments are closed.

Editors Picks

Kena: Bridge of Spirits is coming to Steam in September

August 19, 2022

This Warehouse Robot Reads Human Body Language to Be a Better Coworker

June 29, 2022

Smeg EGF03 Espresso Coffee Machine with Grinder review

October 16, 2023

Allen Institute hires COO; DexCare adds CTO; and more – Startup

November 8, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Here’s What’s Coming to CarPlay with iOS 26

Apple Unveils tvOS 26 (But homeOS Was Nowhere in Sight)

All the Highlights from Yesterday’s WWDC25 Keynote

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.