ID.me Raises $340M In Series E Funding to Combat AI-Driven Fraud and Expand Secure Digital Identity

SaaS
Written By Rick Watson

ID.me is a digital identity wallet that allows users to securely prove their identity online once and use that verification to sign in to various government and private sector services.

Digital identity platform ID.me announced that it raised $340 million in Series E funding, which will be used to expand access to secure digital identity and to stop AI-driven fraud.

ID.me: ID.me Raises $340 Million to Combat AI-Driven Fraud and Expand Secure Digital Identity

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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