ID.me Secures $100 Million from Fortress to Support Record Growth and Advance Vision to Build the Identity Layer of the Internet
ID.me, the secure digital identity network with 60 million members, today announced it has secured $100 million in debt financing from funds managed by affiliates of Fortress Investment Group LLC (“Fortress”) and $20 million in revolving credit. This follows the company’s Series C round in March, securing $100 million in funding at a $1.5 billion valuation. The new financing will support ID.me’s rapid growth along with the development of its secure digital identity network for all consumers.
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