About ShareID

ShareID provides an Authentication-as-a-Service solution that enables real-time verification of user identities using patented AI-based technology and biometric chain encryption. This service addresses the challenges of identity fraud and inefficient verification processes, achieving a 92% success rate on the first attempt while ensuring the integrity of personal data without storage.

```xml <problem> Traditional identity verification processes are often inefficient and vulnerable to fraud, requiring users to complete repetitive tasks and exposing personal data to potential breaches. Existing solutions may lack the ability to ensure the integrity of digital identities in real-time, leading to security concerns and reduced user trust. </problem> <solution> ShareID offers an Authentication-as-a-Service platform that enables real-time, on-demand verification of user identities and sharing of personal information. The platform leverages AI-based document authentication, liveness detection, and biometric chain encryption to ensure the authenticity of digital IDs and prevent fraud. By streamlining the verification process and eliminating the need for personal data storage, ShareID improves user experience, increases conversion rates, and enhances data security. The solution provides a reusable digital identity that users can leverage across multiple applications, reducing repetitive tasks and improving overall efficiency. </solution> <features> - AI-based document authentication with coverage for over 120 countries - Liveness detection and anti-spoofing algorithms to prevent fraudulent activities - Patented technology for digital identity issuance and biometric chain encryption for personal data security - Real-time verification of digital identity ownership and authenticity - No personal data storage to ensure user privacy and data security - SDKs for quick and easy integration into existing applications - MFA 3.0 solution for streamlined user authentication at each interaction </features> <target_audience> ShareID targets businesses and organizations that require secure and efficient identity verification processes, including those in the financial services, e-commerce, and government sectors. </target_audience> <revenue_model> ShareID offers tiered pricing plans for its Document IDV, Full IDV, and MFA 3.0 products, based on the number of verifications per year, with options for Starter, Pro, and Tailored packs. </revenue_model> ```

What does ShareID do?

Where is ShareID located?

ShareID is based in Neuilly-sur-Seine, France.

When was ShareID founded?

ShareID was founded in 2020.

How much funding has ShareID raised?

ShareID has raised 2900000.

Location

Neuilly-sur-Seine, France

Founded

2020

Funding

2900000

Employees

21 employees

Major Investors

Google for Startups

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ShareID

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Executive Summary

shareid.ai 3K+

Crunchbase

Founded 2020 – Neuilly-sur-Seine, France

Funding

Estimated Funding

$2M+

Major Investors

Google for Startups

Team (20+)

No team information available.

Company Description

Problem

Traditional identity verification processes are often inefficient and vulnerable to fraud, requiring users to complete repetitive tasks and exposing personal data to potential breaches. Existing solutions may lack the ability to ensure the integrity of digital identities in real-time, leading to security concerns and reduced user trust.

Solution

ShareID offers an Authentication-as-a-Service platform that enables real-time, on-demand verification of user identities and sharing of personal information. The platform leverages AI-based document authentication, liveness detection, and biometric chain encryption to ensure the authenticity of digital IDs and prevent fraud. By streamlining the verification process and eliminating the need for personal data storage, ShareID improves user experience, increases conversion rates, and enhances data security. The solution provides a reusable digital identity that users can leverage across multiple applications, reducing repetitive tasks and improving overall efficiency.

Features

AI-based document authentication with coverage for over 120 countries

Liveness detection and anti-spoofing algorithms to prevent fraudulent activities

Patented technology for digital identity issuance and biometric chain encryption for personal data security

Real-time verification of digital identity ownership and authenticity

No personal data storage to ensure user privacy and data security

SDKs for quick and easy integration into existing applications

MFA 3.0 solution for streamlined user authentication at each interaction

Target Audience

ShareID targets businesses and organizations that require secure and efficient identity verification processes, including those in the financial services, e-commerce, and government sectors.

Revenue Model

ShareID offers tiered pricing plans for its Document IDV, Full IDV, and MFA 3.0 products, based on the number of verifications per year, with options for Starter, Pro, and Tailored packs.