Yoti - About the company
Yoti is a series B company based in London (United Kingdom), founded in 2014 by Robin Tombs, Noel Hayden and . It operates as an Identity verification solutions for multiple industries. Yoti has raised $210M in funding, with a current valuation of $104M. The company has 1087 active competitors, including 243 funded and 120 that have exited. Its top competitors include companies like Digio, BitGo and Riskified.
Company Details
Identity verification solutions for multiple industries. Its app turns the official identity document into a digital ID and allows the user to limit the amount of data to share. It provide an identity checking system for businesses that allows them to confirm peoples identities, online and face to face while for the public, it is a smartphone app that allows them to prove their identity. It is linked to government issued ID documents, to cross verify coupled with liveness testing and tamper proof technology. It provides identity, agr verification, esignature, My face AI service.
- Website
- Social
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Series B
Total Funding
in 8 rounds
Latest Funding Round
Post Money Valuation
as on Jun 30, 2020
Investors
Ranked
3rd among
Annual Revenue
as on Mar 31, 2022
Employee Count
as on Jan 31, 2021
Similar Companies
Digio &
Legal entities associated with Yoti
Yoti is associated with 3 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Apr 15, 2020 | - | 385 | 394 | |
Sep 28, 2016 | $3.04M (as on Mar 31, 2022) | 313 | 886 | |
Apr 09, 2015 | $28.2K (as on Dec 31, 2019) | 997 | 423 |
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Yoti's funding and investors
Yoti has raised a total funding of $210M over 8 rounds. Its first funding round was on May 17, 2016.
Yoti has 4 institutional investors including HSBC, Lloyds Banking Group and . Robin Tombs and 8 others are Angel Investors in Yoti.
Here is the list of recent funding rounds of Yoti:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Dec 22, 2023 | $9.49M | Series B | 8379553 | 8142493 | - |
Dec 22, 2023 | $15.8M | Conventional Debt | 9197485 | 5092249 | |
Mar 09, 2023 | $11.8M | Conventional Debt | 7292962 | 7367118 |
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Yoti's founders and board of directors
The founders of Yoti are Robin Tombs, Noel Hayden and . Robin Tombs is the CEO of Yoti. has founded 1 more company - Digital ID. Robin Tombs has founded 1 more company - Digital ID.
Yoti's board has 3 active members. , and are part of team.
View details of Yoti's Founder profiles and Board Members
Yoti's Competitors and alternates
Top competitors of Yoti include Digio, BitGo and Riskified. Here is the list of Top 10 competitors of Yoti, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Provider of digital transaction and document management platform for enterprises | $11.9M | Rainmatter, GrowwÌý&²¹³¾±è;Ìý | 72/100 | |
2nd | BitGo 2013, Palo Alto (United States), Acquired | Platform that offers crypto based financial services | $170M | Goldman Sachs, K2 GlobalÌý&²¹³¾±è;Ìý | 72/100 |
3rd |  Yoti 2014, London (United Kingdom), Series B | Identity verification solutions for multiple industries | $210M | HSBC, Lloyds Banking GroupÌý&²¹³¾±è;Ìý | 71/100 |
4th |  Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | HTIF, Genesis PartnersÌý&²¹³¾±è;Ìý | 70/100 |
5th | Affectiva 2009, Boston (United States), Acquired | Platform offering image recognition software | $59.7M | Kleiner Perkins, Pegasus Tech VenturesÌý&²¹³¾±è;Ìý | 69/100 |
6th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | CPP Investments, TriplePoint CapitalÌý&²¹³¾±è;Ìý | 68/100 |
7th | Cloud-based fraud prevention solutions for businesses | $525M | Adage Capital Management, New Enterprise AssociatesÌý&²¹³¾±è;Ìý | 66/100 | |
8th |  Microblink 2013, London (United Kingdom), Series A | Platform offering card scanning apps-based consumer payments | $60M | 66/100 | |
9th | AI based identity verification platform for businesses | $6.22M | weXelerate, Elevator LabÌý&²¹³¾±è;Ìý | 65/100 | |
10th |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | Millennium Technology Value Partners, SeedFord PartnersÌý&²¹³¾±è;Ìý | 65/100 |
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Yoti's Investments and acquisitions
Yoti has made no investments or acquisitions yet.
Reports related to Yoti
Here is the latest report on Yoti's sector:
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News related to Yoti
Media has covered Yoti for a total of 8 events in the last 1 year, 7 of them have been about company updates.
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BiometricUpdate.com•Apr 10, 2025•Yoti
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BiometricUpdate.com•Apr 04, 2025•Yoti
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BiometricUpdate.com•Dec 03, 2024•Yoti
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BiometricUpdate.com•Oct 02, 2024•Yoti
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BiometricUpdate.com•Sep 05, 2024•Yoti
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BiometricUpdate.com•Aug 12, 2024•Yoti
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BNN•Jan 12, 2024•Yoti
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