Incode raises $10 million to verify identities with AI

Incode, a San Francisco startup developing what it describes as an omnichannel biometric identity platform, today announced that it's raised $10 million in seed funding from undisclosed investors. Founder and CEO Ricardo Amper said that the newfound capital will enable Incode to accelerate the development and rollout of its tools globally, some of which are already being used by major banks, financial institutions, governments, and retailers. "The modern consumer is all about experiences and convenience," said Amper. "What they want is a seamless, consistent and secure way to perform daily tasks like access their ATM, make payments, and access online accounts. Yet, what they get today is quite the opposite. The ecosystem is fragmented by multiple vendors and devices, making processes clunky and inefficient. That's precisely why we've built Incode Omni: to help companies provide a frictionless, secure and convenient experience for the next generation of consumers."