Incognia, a San Jose, CA-based company which specializes in location identity solutions, raised $31M in Series B funding.
The round was led by Bessemer Venture Partners, with participation from FJ Labs and existing investors, including Point72 Ventures, Prosus, and Valor Capital.
The company intends to use the funds to support its continued development of digital identity signals, along with its presence in North America, Europe, and EMEA, as well as its expansion into new verticals, including consumer internet, financial services, and eCommerce.
Led by CEO André Ferraz, Incognia specializes in location identity solutions that deliver user verification and account security across the digital journey. The platform enables customizable risk analysis and actionable insights that empower consumer businesses to prevent fraud, protect users, and build customer experience. Incognia’s technology includes device tamper detection with advanced location spoofing prevention, tamper-proof location verification for user identification, and phishing-resistant and frictionless account security.
Since its last funding in June 2022, the company has tripled revenue, and delivered six times the return on investment to its clients. Incognia has a dedicated team across four offices worldwide, including San Jose, CA; New York, NY; São Paulo, Brazil; and Recife, Brazil.
FinSMEs
31/01/2024