Au10tix Ltd.
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Au10tix Ltd. - overview
Established
2006
Location
Hod Hasharon, -, Israel
Primary Industry
Software
About
Based in Israel, Au10tix Ltd. specializes in AI-driven identity verification solutions that enhance security and streamline onboarding processes for businesses across various sectors. Founded in 2006 and headquartered in Hod Hasharon, Israel, Au10tix Ltd. focuses on identity verification technologies.
The company has secured a total of USD 20. 00 mn in funding, with the most recent investment of USD 20 mn occurring in December 2019 from Oak HC/FT. Au10tix has engaged in 2 deals thus far, marking its strategic growth in the verification industry. Dan Yerushalmi serves as the CEO, leading the company through its developmental phases.
Au10tix offers advanced identity verification solutions that integrate artificial intelligence and machine learning to enhance security and facilitate user onboarding. Their key products include the Identity Verification Suite, which automates the verification of various identification documents, including passports and driver's licenses. Additionally, Au10tix provides document verification, biometric verification, and compliance solutions for KYC and AML regulations, catering to industries like finance and e-commerce. The company serves clients globally, particularly in North America, Europe, and parts of Asia.
In 2022, Au10tix reported a revenue of USD 6,246,395 and an EBITDA of USD 677,365. The company's business model is primarily B2B, leveraging subscription-based arrangements and direct partnerships to deliver its identity verification services to various organizations. Au10tix aims to introduce new products focused on enhancing its identity verification capabilities, with specific launch dates to be determined. The company also plans to expand its presence in emerging markets, targeting regions in Asia and Latin America by 2025.
The recent funding of USD 20 mn will be allocated towards these initiatives, as well as to enhance research and development efforts to refine their product offerings and meet the growing demands of their client base.
Current Investors
Oak HC/FT, TPG
Primary Industry
Software
Sub Industries
IT Security/Cybersecurity, Analytics & Performance Software
Website
www.au10tix.com/
Verticals
Artificial Intelligence, Blockchain, Cloud Computing, FinTech, RegTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Au10tix Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Au10tix Ltd. | - | ||||||||
| Growth | Completed | Au10tix Ltd. | - |
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