Aware, Inc.

Aware, Inc. specializes in biometric solutions for identity verification and management, providing innovative software and hardware products to government and commercial enterprises globally. Founded in 2017 and headquartered in Bedford, US, Aware, Inc. focuses on biometric technology for identity verification.

The company secured USD 12. 00 mn in Series B funding on December 15, 2020, led by Spring Mountain Capital, with participation from several investors. The CEO is Robert Eckel. Aware, Inc.

offers a comprehensive suite of biometric solutions designed to enhance identity verification and management for both government and commercial enterprises. At the core of their offerings is the AwareABIS™, a standards-based open-architecture platform that facilitates civil and criminal enrollment and investigations, providing advanced user tools and powerful analytical capabilities. The AwareSDK™ serves as a biometric software development kit, enabling organizations to seamlessly integrate digital identity technology while maintaining control over user experiences. AwareSolutions™ includes turnkey hardware and software solutions tailored for various sectors, including law enforcement, financial services, and healthcare, primarily serving clients in North America, Europe, and Asia.

Aware, Inc. 's revenue structure is derived from a combination of software licensing and partnership agreements. The company's flagship products, including the AwareABIS™ and AwareSDK™, are typically offered through subscription models, allowing clients to access the latest technologies while ensuring regulatory compliance and scalability. Transactions often involve direct engagements with government agencies and commercial enterprises, where clients implement biometric solutions to enhance security and streamline identity verification processes.

Specific pricing plans align with the complexity and scale of the client’s needs, ensuring effective identity data management and real-time fraud combat. Strategic partnerships with system integrators and identity service providers further enhance the company’s market position. Aware, Inc. plans to leverage its recent Series B funding of USD 12.

00 mn to enhance its product offerings and expand into new markets. The company is focused on developing new biometric solutions to meet evolving identity verification challenges and aims to enter additional regions in Europe and Asia by 2023. The support from investors in the recent funding round will facilitate these initiatives and help enhance their market reach.