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Smile ID
Fintech · Portola Valley, United States · Founded 2016
Smile Identity ties ID documents to a “smart selfie of a user, creating a universal biometric for authentication on any Android device MoreLess
Smile Identity specializes in providing digital Know Your Customer (KYC) and identity verification solutions tailored for the African market. The company serves a diverse range of clients including startups, banks, and telecom companies. Smile Identity's core services include ID verification, user authentication, biometric authentication, and data cleanup and deduplication. These services help businesses onboard, verify, and authenticate users efficiently while staying compliant with regulatory requirements. The business model revolves around offering software and APIs that integrate with clients' systems to automate compliance processes and reduce KYC completion times significantly. Smile Identity generates revenue through subscription fees and usage-based pricing models. The company is trusted by over a hundred organizations and covers over 250 million identities across Africa.
Keywords: KYC, ID verification, user authentication, biometric authentication, fraud prevention, data cleanup, deduplication, compliance, APIs, Africa.
Company overview
Smile ID company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2016
- Headquarters
- Portola Valley, United States
- Employees
- 76
- Open positions
- None listed
- Dealroom signal
- 73.0
- Investment activity
- 1 companies · latest Apr 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Smile ID funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Feb 2023 | $20M | $80M | ValueStream Ventures · Two Culture Capital · 500 Global · Intercept Ventures | ↗ |
| SERIES A✓Equity / VC | Jul 2021 | $7M | $28M | Story Ventures · ValueStream Ventures · Intercept Ventures · Future Africa | — |
| SERIES A✓Equity / VC | Nov 2020 | — | — | Undisclosed | — |
| SEED✓Equity / VC | Dec 2019 | $4M | $16M | Valu | — |
| SEED✓Equity / VC | Apr 2019 | $4M | $16M | Undisclosed | — |
| SEED✓Equity / VC | Apr 2018 | 500 Global · ValueStream Ventures | — | ||
| SEED✓Equity / VC | May 2017 | Khosla Impact · Savanna Real Estate Fund · CRE Venture Capital · Catalyst Fund | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 70 |
| 2025 | 74 |
| 2024 | 70 |
| 2023 | 70 |
| 2022 | 42 |
| 2021 | 42 |
| 2020 | 25 |
Growth signals
Smile ID website traffic
Latest recorded traffic for Smile ID is 26K monthly website visits, up 828.6% over the last three months. Smile ID's team grew 2.7% over the past year.
Comparisons
Smile ID compared with similar companies
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Capital deployed
Smile ID investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Smile ID's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Smile ID has talent and traffic
team presence
In the news
Latest news about Smile ID
Recent press, funding announcements, and product moves mentioning Smile ID — open to read from the original sources.
Market sentiment
What the market is saying about Smile ID
An AI-synthesized read of the highest-engagement posts about Smile ID on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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