CertifID, a Grand Rapids, MI-based digital identity and device verification solution, announced that it raised $12.5 million in Series A Funding.
The round was led by Arthur Ventures, a Minneapolis-based growth equity firm that leads B2B software investments in high-growth, capital-efficient businesses.
This investment will fuel CertifID's growth and the optimization of our industry-leading product that prevents wire fraud at scale.
Company: CertifID LLC
Round: Series A
Funding Month: May 2022
Lead Investors: Arthur Ventures
Company Website: https://www.certifid.com/
Software Category: Security Platform
About the Company: CertifID was founded in 2017 by Thomas Cronkright, Lawrence Duthler, and Tyler Adams. CertifID is a digital identity and device verification solution used by title companies, law firms, lenders, realtors, and home buyers and sellers to prevent wire fraud. CertifID is integrated with the leading title production software systems and allows the busy title and escrow operators to eliminate time-consuming, manual processes from their workflow. With tens of thousands of transfers and zero insurance claims, CertifID helps safeguard billions of dollars every month from fraud. Built by title company owners and wire fraud victims, CertifID is a purpose-built solution ready to take on the industry's biggest risk.