GoodsID SAS

GoodsID SAS is a company focused on providing innovative solutions for digital identity management, offering secure identity verification and authentication services across various industries. GoodsID SAS specializes in digital identity management, founded in 2017 in Villejuif, France. The company has completed 3 funding deals, with the most recent deal occurring on March 2, 2023, raising EUR 299,385. 70.

GoodsID SAS is valued at EUR 5. 65 million following this latest funding round. The founder, Ghislain de Vergnette, has a history of entrepreneurship, although details about previous ventures are not specified. GoodsID SAS specializes in providing innovative solutions aimed at enhancing the efficiency and effectiveness of digital identity management.

Their core product offerings focus on secure identity verification and authentication services, which cater to a diverse range of industries, including finance, healthcare, and e-commerce. These services are designed to address critical use cases such as fraud prevention, account security, and regulatory compliance, ultimately enabling organizations to safeguard sensitive customer information. The company's client base includes both small and medium-sized enterprises as well as large corporations seeking to enhance their digital security frameworks. GoodsID SAS operates in various geographical markets, including North America, Europe, and Asia-Pacific, ensuring that their products meet the specific compliance and security needs of different regions.

Revenue generation for GoodsID SAS is structured around a subscription model, where clients pay for access to their identity verification and authentication services. Typically, clients may engage in annual contracts that provide tiered pricing based on the volume of transactions processed or the number of users authenticated. This structure allows for flexibility and scalability as companies grow and their identity management needs evolve. Additionally, GoodsID SAS may offer partnerships with retailers and other service providers, facilitating a B2B relationship where the integration of their technology enhances overall service offerings.

Flagship products include proprietary verification tools that enhance user experience while maintaining compliance with industry standards, positioning GoodsID SAS as a reliable partner for organizations focused on digital security. In March 2023, GoodsID SAS raised EUR 299,385. 70 in a venture round of funding, valuing the company at EUR 5. 65 million post-money.

The funding will be utilized to enhance their product offerings and expand into new markets. GoodsID SAS is focusing on the introduction of new identity verification products designed for release within the next year. Plans for expansion include targeting the North American and Asian markets for the next phase of growth by the end of 2024.