deepidv, a Toronto, Canada–based AI-native identity verification and fraud prevention platform, has raised $1 million in Seed funding.
Investors
Backed by undisclosed investors.
deepidv Use of Funds
The company will use the funding to accelerate product development, expand go-to-market operations in the United States, and grow its engineering and sales teams across Toronto, San Francisco, and Dallas.
About deepidv
Founded and led by CEO Shawn-Marc Melo, deepidv is an AI-native identity verification, compliance, and anti-fraud platform. It uses AI to verify identities and detect threats like deepfakes, synthetic identities, and manipulated financial documents. The company offers a suite of fraud detection tools, including biometric liveness detection, AI-powered document intelligence, transaction risk scoring, and compliance monitoring for AML, KYC, and CFT requirements. With operations across Toronto, San Francisco, and Dallas, deepidv serves businesses in sectors such as fintech, proptech, hospitality, HR, and iGaming.
Funding Details
Company: Deep Identity, Inc.
Raised: $1.0M
Round: Seed
Funding Date: March 2026
Lead Investor: Undisclosed
Additional Investors:
Company Website: https://www.deepidv.com/
Software Category: AI Identity Verification & Fraud Detection Platform
Source: https://www.globenewswire.com/news-release/2026/03/12/3254247/0/en/deepidv-Closes-1M-Seed-Round-Expands-to-San-Francisco-and-Launches-Comprehensive-AI-Fraud-Detection-Suite.html