S
Smile ID
Smile Identity ties ID documents to a “smart selfie of a user, creating a universal biometric for authentication on any Android device
About Smile ID
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Portola Valley, United States
- Employees
- 76
- Open positions
- None listed
- Dealroom signal
- 73.0/100
- Industry
- Security, Fintech
- Sub-industry
- Identity & Access
- Sector
- Fintech, Hard Tech, DT and LS
- Technology
- Artificial Intelligence, Deep Tech, Machine Learning, Computer Vision
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Apr 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
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 | — |
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
500 Global
Khosla Impact
Savanna Real Estate Fund
CRE Venture Capital
Catalyst Fund
ValueStream Ventures
Valu
Series A11 investors entered at this stage
Costanoa Ventures
Story Ventures
Intercept Ventures
Future Africa
LocalGlobe
Beta.Ventures
Two Culture Capital
Latitude
Norrsken22
Commerce Ventures
Courtside Ventures
Other known investors9 additional known investors
Acuity VC
BFA Global
Duro
Everywhere Ventures- JCJ Choi
Matt Harris
Mikko Silventola
PTB Ventures
Susa Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Smile ID on X, ranked by likes and reposts, corporate channels excluded.
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
See Smile ID’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.