Footprint, a NYC-based technology company built to help banks, marketplaces and fintechs onboard their users, raised $13M in Series A funding.
The round was led by QED Investors with participation from existing investors Index Ventures, Lerer Hippeau, Operator Partners, BoxGroup, Palm Tree Capital, Definition and new investors Neo and Animal Capital.
The company intends to use the funds to continue to expand its development efforts.
Founded in 2022 by Eli Wachs and and Alex Grinman, Footprint is a technology company that unifies KYC (Know Your Customer), security and authentication to automate consumer onboarding and reduce identity fraud.
The funding announcement coincided with the launch of Footprint Connections, a tool to connect its customers to each other to leverage the portability created within the platform.
