Incode Stock
| Valuation | $1.25B1 |
| Valuation Date | Dec 7, 2021 |
| Implied Valuation | n/a |
| Last Price | $7.00 |
| 52-Week High | $7.00 |
| 52-Week Low | $7.00 |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 3-Year Return | n/a |
| Total Funding | $255M2 |
| Latest Round Amount | $220M1 |
| Latest Round | Series B |
| Funding Rounds | 4 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $170M3 |
| Revenue Type | Run Rate |
| P/S Ratio | 7.4 |
About Incode
Incode is an identity verification and fraud prevention company whose software confirms that the person opening an account or logging in is a real, live human. Its platform combines document verification, facial recognition, passive liveness detection and deepfake detection with a no-code workflow builder that lets banks, fintechs, gaming operators, healthcare providers and government agencies orchestrate their own onboarding and KYC/AML checks. Newer products extend the same biometric models to age assurance, workforce screening and Agentic Identity, which ties an autonomous AI agent to a verified human owner. Incode makes money by charging enterprises per verification and through subscription contracts for its identity platform, and it has bought three companies since 2024: MetaMap, AuthenticID and the privacy-cryptography startup Identiq.
Invest in Incode
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News
Incode Launches GovFaceMatch for US DMV Biometric Verification
Incode launched GovFaceMatch, matching live selfies against state DMV portrait records in real time as the flagship of its GovMatch government-records suite.
Incode Named Gartner Magic Quadrant Leader for Third Straight Year
Incode was named a Leader in Gartner's 2026 Magic Quadrant for Identity Verification, its third consecutive year in the top tier.
Incode Launches On-Device Age Estimation for Enterprise Privacy
Incode introduced on-device age estimation that performs facial analysis locally so no biometrics leave the user's device, targeting growing digital age-verification requirements.
Incode Adds Biometric Verification to Auth0 Password Resets
Incode launched two Auth0 marketplace integrations for biometric ID verification and face-authenticated password resets, extending its identity workflows into Okta's customer authentication stack.
Incode Joins the Auth0 Marketplace: Biometric IDV for Registration, Login, and Password Reset
Incode published two integrations on Okta's Auth0 Marketplace that add document-and-selfie identity verification at account creation and a live face scan before password resets. Both are available to ...
Incode Extends Privacy-By-Design Architecture with Identiq Acquisition
Incode completed its acquisition of Identiq and committed $100 million to privacy-preserving identity infrastructure, expanding cryptographic peer-to-peer fraud detection.
Incode Acquires Identiq to Expand its Privacy-First Architecture for Identity and Fraud Prevention
Incode completed the acquisition of Identiq on June 25, 2026 as part of a $100 million commitment to privacy-preserving identity infrastructure, adding peer-to-peer fraud-signal sharing without exposi...
Incode acquires Identiq, commits $100M to privacy-first identity tech
Incode acquired Identiq Protocol Ltd., an Israeli startup whose cryptographic tools let companies share fraud signals without sharing customer data. The price was not disclosed; Incode framed the deal...
Bitso Partners with Incode to Secure Digital Finance Across LATAM
Latin American digital financial services company Bitso named Incode its strategic identity infrastructure partner across all of its products and markets. The deal covers user verification in Mexico, ...
Interac Chooses Incode to Strengthen Identity Verification in Canada
Interac announced on May 25, 2026 that it will add Incode's liveness, deepfake, and injection-attack detection to its Canadian document verification service, with exclusive Canadian rights to Incode's...
Interac to Enhance Interac Verified Solutions with New Identity Verification and Fraud Defences
Interac will add Incode's iBeta Level 3 liveness, deepfake and injection-attack detection to its Canadian document verification service, and holds exclusive Canadian rights to deliver document verific...
Incode First to Achieve iBeta's Highest Level of Independent Identity Security Testing on Both iOS and Android With 0% Error Rate
Incode said its face liveness technology passed iBeta Level 3 presentation attack detection testing under ISO/IEC 30107-3 on both iOS and Android, with 0% APCER and 0% BPCER across 900 attacks. iBeta ...
Diamond Capture Associates and Subcontractor Incode Technologies Awarded $37.4M Contract to Support Login.gov's Next Generation Identity Proofing
The GSA's Technology Transformation Services awarded a $37.4 million call order to Diamond Capture Associates with Incode as subcontractor. The work supports Login.gov's Next Generation Identity Proof...
Identity verification startup Incode launches Deepsight to detect deepfake video calls
Incode launched Deepsight, a multimodal AI system that analyses video, motion and depth data to separate real people from deepfakes and injected camera feeds. The company said early deployments includ...
ID Verification Startup Incode Seeks Up to $3 Billion Valuation
Bloomberg reported that Incode was in preliminary talks to raise $150 million to $300 million at a valuation of as much as $3 billion. One person familiar with the matter put the company's annual recu...
Incode Launches Agentic Identity to Verify and Secure AI Agents
Incode launched Agentic Identity, which binds an autonomous AI agent to a verified human owner using biometrics and issues a cryptographic token defining what the agent may do. Pilot programs began in...
Incode Named a Leader in the 2025 Gartner Magic Quadrant for Identity Verification
Incode was named a Leader in the 2025 Gartner Magic Quadrant for Identity Verification, its second consecutive year in the Leaders quadrant. The report evaluated 11 vendors and named five Leaders.
Incode Joins Experian Partner Ecosystem Strengthening Fraud Prevention Solutions
COSTA MESA, Calif.--(BUSINESS WIRE)--Experian today announced the integration of Incode Technologies, Inc. (“Incode”) into the Experian Ascend Platform™. This collaboration will enable seamless, secur...
Incode Acquires AuthenticID: Creating a Global AI Powerhouse to Fight Identity Fraud
Incode acquired Seattle-based AuthenticID, a document-authentication and fraud-detection provider founded in 2001. Terms were not disclosed; Incode said the deal would accelerate its 80% year-on-year ...
Incode Technologies Named a Leader in the 2024 Gartner Magic Quadrant for Identity Verification
Incode was named a Leader in the first Gartner Magic Quadrant for Identity Verification, which evaluated 11 vendors. The company was placed furthest for Completeness of Vision.
Incode Welcomes John Somorjai to Board of Directors
Incode appointed John Somorjai, Salesforce's chief corporate development and investments officer, to its board of directors. The company cited his experience in corporate development and venture inves...
Incode Acquires MetaMap to Lead the Future of Identity Verification
Incode announced its acquisition of MetaMap, a Silicon Valley identity verification company strong in the midmarket and in Latin America and Africa. MetaMap founder Filip Victor left the company and C...