Identity verification platform for businesses, Bureau, has added $4.5 million in its Series C, bringing its total to $12 million. The funding was raised from GMO Venture Partners and GMO Payment Gateway. Other investors in the round include Quona Capital, Commerce Ventures and Okta Ventures.
Bureau has now raised $20.5 million to date. In addition to its new funding, it also announced the acquisition of inVOID, a Y Combinator-backed identity verification startup, and entered a strategic partnership with GMO Payment Gateway.
Founded in 2020, Bureau is headquartered in Singapore and California, with teams in Dubai and India. It claims that over the last 12 months, it increased its customer and revenue numbers 6x, with 300 million identities verified through its platform. Bureau helps companies prevent fraud and keep in step with compliance regulations. Sectors serv...