Signzy - About the company
Signzy is a series B company based in Delhi (India), founded in 2015 by , Ankit Ratan and . It operates as a Digital banking solutions to financial institutions provider. Signzy has raised $40M in funding from investors like Kalaari Capital, SAP and Mastercard, with a current valuation of ₹998°ä°ù. The company has 1092 active competitors, including 225 funded and 141 that have exited. Its top competitors include companies like Okta, Ping Identity and Auth0.
Company Details
Digital banking solutions to financial institutions provider. It is digital banking infrastructure provider that is redefining the speed, accuracy, and experience of how financial institutions are onboarding customers and businesses using the digital medium. Its AI driven solutions facilitate KYC processes, helping financial institutions to mitigate fraud risks. The platform streamlines the onboarding process for new customers, ensuring compliance with regulatory standards.
- Website
- Social
- Email ID
- @signzy.com
- Phone Number
- +1
Key Metrics
Founded Year
2015
Location
Delhi, India
Stage
Series B
Total Funding
in 7 rounds
Latest Funding Round
Post Money Valuation
as on Apr 12, 2023
Investors
Ranked
23rd among 1092 active competitors
Annual Revenue
as on Mar 31, 2023
Employee Count
as on Mar 31, 2025
Similar Companies
Okta &
Legal entities associated with Signzy
Signzy is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Nov 02, 2015 | $8.04M (as on Mar 31, 2023) | 290 | 860 |
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Signzy's funding and investors
Signzy has raised a total funding of $40M over 7 rounds. Its first funding round was on Feb 26, 2016. Its latest funding round was a Series B round on Sep 24, 2022 for $26M. 4 investors participated in its latest round, which includes North Facing RealTech, 8i Ventures, Contrarian Drishti Partners and Gaja Capital.
Signzy has 26 institutional investors including Kalaari Capital, SAP and Mastercard. Gaja Capital is the largest institutional investor in Signzy. There are 9 Angel Investors in Signzy.
Here is the list of recent funding rounds of Signzy:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Sep 24, 2022 | $26M | Series B | 3925562 | 2716069 | Arkam Ventures, Gaja Capital, and |
Dec 01, 2020 | $4.38M | Series A | 1384887 | 8189747 | |
Oct 04, 2020 | $5.4M | Series A | 2970007 | 7141165 |
View details of Signzy's funding rounds and investors
Signzy's founders and board of directors
The founders of Signzy are , Ankit Ratan and . Ankit Ratan is the CEO of Signzy. Ankit Ratan has founded 1 more company - . has founded 1 more company - Quesky.
Signzy's board has 5 active members. Ankit Ratan, , Imran Jafar and are part of team and Bala Srinivasa is independent board member.
View details of Signzy's Founder profiles and Board Members
Signzy's employee count trend
Signzy has 305 employees as of Mar 25. The total employee count is 13.4% lower than what it was in Mar 24. Here is Signzy's employee count trend over the years:Signzy's Competitors and alternates
Top competitors of Signzy include Okta, Ping Identity and Auth0. Here is the list of Top 10 competitors of Signzy, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | Okta 2009, San Francisco (United States), Public | Cloud-based multi-factor authentication solutions for businesses | $228M | 88/100 | |
2nd | Ping Identity 2002, Denver (United States), Acquired | Cloud based identity management solution for enterprises | $137M | Sprout Capital Partners, Activate CapitalÌý&²¹³¾±è;Ìý | 87/100 |
3rd | ![]() Auth0 2013, Bellevue (United States), Acquired | Platform offering identity and access management solution | $333M | Salesforce Ventures, Sapphire VenturesÌý&²¹³¾±è;Ìý | 85/100 |
4th | Real-time credit-decisioning platform and data aggregation APIs | $263M | , KedaaraÌý&²¹³¾±è;Ìý | 79/100 | |
5th | Provider of software solutions for identitiy management | $2.09M | Stonehaven Ventures, Nordic InnovatorsÌý&²¹³¾±è;Ìý | 77/100 | |
6th | ForgeRock 2010, San Francisco (United States), Acquired | Cloud based customer identity verification solution provider | $234M | Sprout Capital Partners, Foundation CapitalÌý&²¹³¾±è;Ìý | 77/100 |
7th | Onfido 2012, London (United Kingdom), Acquired | AI-powered digital identity verification solution | $242M | Idinvest Partners, 10e9 HoldingsÌý&²¹³¾±è;Ìý | 75/100 |
8th | Integrated identity platform offering KYC, KYB, and fraud prevention solutions | $56M | KB Investment, BeenextÌý&²¹³¾±è;Ìý | 75/100 | |
9th | HID Global 1991, Austin (United States), Acquired | Developer of cloud-based integrated physical identity and access management systems | - | 75/100 | |
10th | ![]() Alloy 2015, New York City (United States), Series C | Identity decisioning platform for banks and fintech firms | $208M | Eniac Ventures, API-First IndexÌý&²¹³¾±è;Ìý | 75/100 |
23rd | Digital banking solutions to financial institutions provider | $40M | North Facing RealTech, 8i VenturesÌý&²¹³¾±è;Ìý | 66/100 |
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Signzy's Investments and acquisitions
Signzy has made no investments or acquisitions yet.
Reports related to Signzy
Here is the latest report on Signzy's sector:
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News related to Signzy
Media has covered Signzy for a total of 6 events in the last 1 year, 3 of them have been about company updates and 3 about partnerships.
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IBS Intelligence•Jul 11, 2024•Signzy
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Fintech Finance•Feb 14, 2024•Signzy
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Finextra•Feb 14, 2024•Signzy
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Frequently asked questions about Signzy
When was Signzy founded?
Signzy was founded in 2015.Where is Signzy located?
Signzy is located in Delhi, India.Is Signzy a funded company?
Signzy is a funded company, its first funding round was on Feb 26, 2016.When was the latest funding round of Signzy?
Signzy's latest funding round was on Sep 24, 2022.How much is Signzy worth?
The latest valuation of Signzy is ₹998°ä°ù as on Apr 12, 2023.What is the annual revenue of Signzy?
Annual revenue of Signzy is ₹64.6°ä°ù as on Mar 31, 2023.Our Lite Plan Awaits you - Its Free!
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