Passbase is a digital identity solution that makes facial recognition, liveness detection, and ID verification accessible through a suite of flexible developer tools. A zero-knowledge architecture ensures that companies using Passbase can securely verify users from over 190 countries without having to store their data. Built for developers, it can be integrated with just a few lines of code on iOS, Android, and Web.
Since launching in 2018, Passbase received over $4 million in funding from notable investors including Seedcamp, Cowboy Ventures, Eniac Ventures, and Lakestar. The team currently consists of over 20 people with backgrounds at GoogleX, Stripe, Trulioo, and UnifyID sitting in New York and Berlin.
Passbase got mentioned as one of the breakout startups at Websummit 2019 in Lisbon. Watch the video of Dave McGibbon, Co-founder of Passbase.
Frustrated by the lack of a developer first experience in the identity verification space, the three long time friends decided to build one of their own.
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Cowboy Ventures is a seed-stage focused fund investing in digital startups based in Palo Alto, CA. They work with founders who are building products that “re-imagine” work and personal life in large and growing markets – an area that they call “Life 2.0″. Led by Aileen Lee, Cowboy Ventures previously invested in many successful companies including Product Hunt, Dollar Shave Club, Polar and DocSend.
Founded in 2010, Eniac Ventures is a seed stage investment fund with offices in New York and San Fransisco. Among its team Eniac Ventures shares over 80 years of experience and its early investments included Airbnb, Twitter, Soundcloud, TapCommerce, and Vimeo. In addition to funding, Eniac Ventures provides its startups with a strong collective of executives from big tech including Facebook, Google, Square, LinkedIn and Fortune 100 including Ford, Wells Fargo, Citigroup, Albertson’s, Disney, and Nike.
Seedcamp is Europe’s foremost seed fund which was launched by a group of 30 European investors. Since founding, Seedcamp has been involved in over 300 companies and its portfolio includes Revolut, wefox Group, Transferwise, Monese and Fractal.
Lakestar operates in early and growth-stage ventures by partnering with outstanding entrepreneurs worldwide, focusing on internet and technology companies that can quickly achieve global scale. With its headquarters in Europe, it is active both in the EU and the US. In the past, a number of notable startups received funding from Lakestar including, Spotify, Omio (GoEuro), Opendoor, GetYourGuide and MarleySpoon.