Top 4 Identity Verification Software Companies $100M+ Revenue (November 2026)

San Francisco, California, United States

Incode Technologies is a leading global AI and facial recognition company, ranked among the top 12 in unsupervised facial recognition by the US Government's NIST. The company has developed proprietary face recognition technologies that are capable of functioning effectively with low-quality photos, basic devices, and in environments with restricted or no Internet connectivity. Incode offers three distinct product lines: 1. Incode Smile: This B2B ID Experience Platform focuses on revolutionizing banking, payment, and retail experiences by enhancing security, customer relationships, and customer acquisition through innovative user experiences, cutting-edge AI, and advanced face recognition features like "Smile to Pay," "Smile to Auth," and "Smile to Send." 2. Incode Guard: Incode's security offering brings the power of face recognition to mobile devices, specifically cameras, enabling real-time facial recognition using smart glasses, body cameras, and dash cams. This technology allows police and military forces to identify individuals swiftly while on patrol or during mobile operations. 3. Flashback: Incode's consumer product disrupts the personal sharing industry by automatically sharing photos among friends using actionable face recognition technology. This innovative approach enables Incode to leverage its proprietary data for creating unique AI technologies. Established in 2015 in San Francisco, Incode Technologies also maintains offices in Latin America and Europe. The diverse team at Incode comprises engineers, marketers, designers, analysts, creatives, photographers, travelers, musicians, and athletes dedicated to deepening relationships through technology. Incode is seeking individuals who are ambitious, adaptable, and eager to face challenges while learning quickly. Join a dynamic team and contribute to making a significant impact on the world. Headquartered in San Francisco, Incode also has offices in Mexico City and Belgrade.

Vancouver, British Columbia, Canada

Trulioo is a Vancouver-based digital identity verification company that operates across 195 countries, serving online platforms, neobanks, trading firms, and marketplaces that need to verify individuals and businesses during onboarding. The company charges on a consumption basis, billing per identity check at rates that range from cents to several dollars depending on country and complexity. Steve Munford, who took over as CEO in early 2020 after a multi-year relationship with the founding team, guided Trulioo from roughly $20 to $30 million in annual revenue at the time of his arrival to approximately $100 million by late 2021, representing 100% year-over-year growth. The company closed a $394 million Series D in mid-2021 at a pre-money valuation of $1.6 billion, with $150 million placed on the balance sheet and $244 million distributed as secondary liquidity to the founder, early angel investors, and roughly 40 to 50 employees. Trulioo reported positive EBITDA of approximately 5% in 2021 alongside its 100% growth rate, producing what Munford described as a Rule of 120 score. Net dollar retention was approaching 150%, driven by a usage-based model in which existing customers expand as their own platforms grow globally. The company employed just over 300 people as of December 2021, with about 100 engineers and roughly half of total headcount based in Canada.

McLean, United States

ID.me is an online identity verification company that provides a digital wallet and authentication services for individuals. They help users access benefits, discounts, and services by verifying their identity online. ID.me has contracts with various government agencies and serves millions of users in the private sector.

San Francisco, California, United States

identity verification and authentication solutions