FundedIQ
Financial Services

CertifID

CertifID is an industry leader in protecting against wire fraud. Our comprehensive system includes advanced software, insurance coverage, and reliable recovery services, allowing us to safeguard billions of dollars each month. Trusted by various entities such as title companies, law firms, lenders, realtors, and home buyers and sellers, CertifID offers additional peace of mind by providing up to $1M in direct insurance coverage for every wire transaction. Utilizing the latest in digital device verification and authentication technologies, our software can quickly analyze over 150 indicators of fraud. During the closing process, CertifID customers can easily store and securely share wiring instructions with clients in a matter of seconds. For mortgage payoffs, we have simplified the typically lengthy callback process by utilizing machine-learning software to validate over 5,000 mortgage servicers, including challenging cases like Mr. Cooper. In the rare event that our software cannot automatically validate a payoff, our team provides verification support, with most cases being resolved within 1-2 business days. Additionally, CertifID offers recovery services to businesses and consumers affected by fraud, even if they are not currently using our software. Through partnerships with federal law enforcement, we have successfully recovered over $52M for fraud victims in the past two years, double the industry average.

certifid.com Austin, United States 51-100 employees
Total raised
$20.0M
Rounds
1
Latest
Series B
Sep 2023

CertifID is an industry leader in protecting against wire fraud. Our comprehensive system includes advanced software, insurance coverage, and reliable recovery services, allowing us to safeguard billions of dollars each month. Trusted by various entities such as title companies, law firms, lenders, realtors, and home buyers and sellers, CertifID offers additional peace of mind by providing up to $1M in direct insurance coverage for every wire transaction. Utilizing the latest in digital device verification and authentication technologies, our software can quickly analyze over 150 indicators of fraud. During the closing process, CertifID customers can easily store and securely share wiring instructions with clients in a matter of seconds. For mortgage payoffs, we have simplified the typically lengthy callback process by utilizing machine-learning software to validate over 5,000 mortgage servicers, including challenging cases like Mr. Cooper. In the rare event that our software cannot automatically validate a payoff, our team provides verification support, with most cases being resolved within 1-2 business days. Additionally, CertifID offers recovery services to businesses and consumers affected by fraud, even if they are not currently using our software. Through partnerships with federal law enforcement, we have successfully recovered over $52M for fraud victims in the past two years, double the industry average.

CertifID has raised $20.0M across 1 round. Its most recent round was a Series B of $20.0M in Sep 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with FundedIQ

1 round on record.

Date
Round
Amount
Lead investor
Sep 12, 2023
Series B
$20.0M

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