Incode Raises $5M to Accelerate Next-Gen AI-Driven Identity Verification and Fraud Prevention

In a pivotal moment for Incode, the company announced that it has successfully raised $5,000,000 in its latest funding round—a milestone that underscores investor confidence in its innovative approach to identity verification and authentication. Incode offers a robust end-to-end platform that empowers enterprises to seamlessly distinguish genuine users from fraudulent ones. With its fully automated, AI-first design, Incode achieves standout low friction for authentic users while employing instant verification and re-engagement tools that not only secure customer interactions but also drive impressive conversion rates. The new funds will be instrumental in scaling the company’s proprietary technologies, such as deterministic identity checks and advanced deepfake detection mechanisms, which are pivotal in combating increasingly sophisticated cyber fraud. Moreover, the investment will accelerate the enhancement of key product offerings, including the Verify solution for customer verifications during account creation and ongoing authentications, the Workforce tool that leverages facial biometrics to prevent social engineering attacks across the employee lifecycle, and the Age Assurance solution that helps companies maintain strict compliance with evolving age-based regulations. By fortifying its multi-layer identity platform, Incode is well-positioned to meet its clients’ security and compliance goals, ultimately allowing businesses to concentrate on their growth initiatives. This funding announcement signals not only a vote of confidence from the investment community but also a clear mandate for Incode to continue being at the forefront of digital identity innovation. Discover more about how Incode is reshaping the landscape of authentication and fraud prevention by visiting incode.com.