Onfido Raises $4.5M in Series A Funding Round

London, United Kingdom - Tuesday 21 October 2014, Onfido - Staff portraits.Onfido, a London, UK-based online background checking company which specialises in providing automated background checks to the shared economy, raised $4.5m in Series A funding round.

The round was led by Wellington Partners (with Eric Archambeau joining the Onfido Board), with participation from CrunchFund and angels Brent Hoberman (co-founder, Lastminute.com), Nicolas Brusson (co-founder, BlaBlaCar), Greg Marsh (co-founder, Onefinestay), Spencer Hyman (co-founder, Artfinder) and Dan Cobley (former MD, Google UK).

The company, which has raised a total of $5.3m to date, intends to use the funds to further penetrate the US market and launch in other European countries later this year.

Founded in 2012 by Husayn Kassai, CEO, Eamon Jubbawy, and Ruhul Amin, Onfido provides a data-driven platform that allows companies to carry out global remote verification on the workers that use their platforms.

The company currently carry out their checks in 28 countries across Europe and are aiming to be in 35 countries by the end of the year. It serves more than 400 clients across Europe including Handy, Homejoy and Hays.



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