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How iProov CEO Andrew Fiet grew to $30.9M revenue with a 206 person team in 2023.

iProov creates digital trust through advanced biometric authentication technology. Our solutions verify the genuine presence of online users in uncontrolled environments by combining sophisticated face biometrics with state-of-the-arte anti-spoofing techniques. Our unique approach to preventing spoofs, backed by 12 granted patents, employs world-class deep learning technologies and emphasizes sustainable security. This has solidified our unmatched global reputation.

We effectively detect and thwart all known identity spoof attack vectors, including masks, replay attacks, compromised devices, and, critically, the rapidly evolving threat posed by DeepFake artificial videos. Our technology is particularly vital for industries requiring the highest levels of trust and security.

Our client base spans Financial Services and Enterprise markets, where our systems are employed for various purposes, including online logon, step-up authentication, and remote identity verification using trusted ID documents. iProov's solutions are operational in production environments with several major global banks, notably ING and Rabobank.

In addition to our substantial footprint in the banking sector, iProov collaborates closely with Government organizations, such as the US Department of Homeland Security and the UK Government. These partnerships underscore our commitment to providing secure, reliable identity verification solutions critical for national security, public safety, and facilitating trustworthy digital transactions.

Our efforts in pioneering biometric authentication and spoofing prevention are dedicated to maintaining the integrity of online interactions, ensuring that digital identities are protected against the most advanced threats.

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iProov Revenue

In 2023, iProov's revenue reached $30.9M. Since its launch in 2011, iProov has shown consistent revenue growth.

iProov Revenue GrowthReported revenue / ARR over time$0$8M$15M$23M$30M$38M2011201320152017201920212023$0$31MSource: GetLatka.com
YearMilestoneQuote
2023iProov Hit $30.9m revenue in December 2023
2011Launched with $0 revenue

iProov Valuation, Funding Rounds

iProov is a bootstrapped Deep Learning Software startup. Founded in 2011, iProov has grown to $30.9M in revenue without raising any venture capital or outside funding.

As a self-funded Deep Learning Software SaaS company, iProov has built its business with no outside investment.

iProov Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12011Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Andrew Fiet

Andrew Fiet is listed as Founder / CEO at iProov.

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Customers

We do not have customer count information for iProov yet.

iProov Employees & Team Size

iProov employs approximately 206 people as of 2026, up from 183 in 2022.

iProov Team GrowthReported headcount over time050100150200250201120132015201720192021202300183183206206Source: GetLatka.com
YearMilestone
2023Reached 206 employees (December 2023)
2022Reached 183 employees (December 2022)

Frequently Asked Questions about iProov

What is iProov's revenue?

iProov generates $30.9M in revenue.

Who founded iProov?

iProov was founded by Andrew Fiet.

Who is the CEO of iProov?

The CEO of iProov is Andrew Fiet.

How much funding does iProov have?

iProov raised $0.

How many employees does iProov have?

iProov has 206 employees.

Where is iProov headquarters?

iProov is headquartered in London, United Kingdom.

Compare iProov to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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