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General Information

Offices

People

Founder, CEO
COO
CTO
CMO
CRO
VP European Sales
Advisory board member
Advisory Board Member
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Funding

TOTAL $36.7M
FUNDING TOTAL $36.7M
Partial Close, 9/2010
$1.37M
Series A, 3/2011
Eduardo Saverin
$6.5M
Series B, 1/2012
Andreessen Horowitz
$25.5M
Series B, 5/2012
Citi Ventures
$3.35M

Tags

Jumio

Jumio® Inc. offers next generation online and mobile credit card payments validation and ID verification products for e-tailers, financial institutions, online marketplaces and governmental agencies. Designed to increase revenue, reduce fraud, and streamline customer experiences, Jumio utilizes patent-pending computer vision technology to validate and facilitate transactions while providing unprecedented levels of consumer convenience and data security.

Jumio’s core vision technology is currently applied in two product lines:

Netswipe® supports real-time credit card scanning and validation in online and mobile checkouts. By eliminating the need to have consumers engage in laborious and error-prone key entry, our clients enjoy higher transaction completion rates, increased revenue and reduced fraud and chargeback costs.

Netverify™ offers real-time ID verification of passports, driver licenses and government-issed ID cards in over 60 countries. (See list) It is the only solution of its kind and is used by financial institutions, e-tailers and consumer marketplaces to meet know-your-customer industry regulations and internal policies, reduce fraud and chargeback costs in purchase transactions and enhance trust and safety in online communities.

The company was founded in 2010 by CEO Daniel Mattes and is backed by top tier investors including Andreessen Horowitz, Citi Ventures and Facebook Co-Founder, Eduardo Saverin. Headquartered in Palo Alto, California Jumio operates development centers in Linz and Vienna, Austria and has offices in the US, Europe and Asia.

Recent Milestones

  • Check
    Jumio — Jumio gets the award for best inno­va­tion in pay­ments solu­tions of the year at the annual eGaming Review online gam­bling industry award cer­e­mony. (6/7/13)
    Posted 3/18/11 at 9:32am via techcrunch.com
  • Check
    Jumio added Emilio DiSanluciano as Business Development & Partnerships. (1/7/13)
    Posted 7/26/11 at 2:53pm
  • Check
    Jumio added Daniel Hinden as European Sales Director. (6/3/12)
    Posted 6/8/12 at 11:28am
  • Dollar
    Jumio received $3.35M in Series B funding. (5/1/12)
    Posted 5/10/12 at 9:11pm via sec.gov
  • Dollar
    Jumio received $25.5M in Series B funding. (1/12/12)
    Posted 1/12/12 at 3:46am via techcrunch.com
  • Check
    Jumio added Alexey Grubauer as CIO, Productmanagement. (12/1/11)
    Posted 3/11/12 at 1:51am
  • Dollar
    Jumio received $6.5M in Series A funding. (3/17/11)
    Posted 3/17/11 at 7:00am via techcrunch.com
  • Check
    Jumio added Zain Khan as Advisory board member. (1/1/11)
    Posted 1/28/11 at 11:45pm
  • Check
    Jumio added Maarten Linthorst as Advisory board member. (1/1/11)
    Posted 1/28/11 at 11:45pm
  • Check
    Jumio added Bjorn Evers as VP European Sales. (1/1/11)
    Posted 1/28/11 at 11:45pm
  • Dollar
    Jumio received $1.37M in Partial Close funding. (9/22/10)
    Posted 1/30/14 at 6:07am via sec.gov
  • Check
    Jumio added Thomas Kastenhofer as COO. (1/5/10)
    Posted 6/24/10 at 10:43pm
  • Check
    Jumio added Daniel Mattes as Founder, CEO. (1/5/10)
    Posted 1/21/10 at 1:08am
  • Check
    Jumio added Chad Starkey as CFO and General counsel. (1/5/10)
    Posted 7/5/10 at 2:45pm
  • Check
    Jumio added Thomas Willomitzer as CTO.
    Posted 2/5/12 at 1:35pm

Videos

Above:

Jumio demoing at FinovateFall 2013

Added: 3/17/14
Above:

Jumio demoing at FinovateEurope 2014

Added: 3/17/14

Screenshots

Jumio screenshot
Above: Jumio
Uploaded: 1/21/10
Jumio screenshot
Above: www.jumio.com
Uploaded: 1/22/13
Jumio screenshot
Above: www.jumio.com
Uploaded: 4/28/13

Products

Netswipe

Netverify

Sources

  1. SEC (sec.gov) [edit]
  2. Exclusive: Facebook Co-Founder Eduardo Saverin Leads $6.5M Round For Jumio (techcrunch.com) [edit]
  3. Digital Payments Innovator Jumio Raises $25.5 Million (techcrunch.com) [edit]
  4. SEC (sec.gov) [edit]
  5. eGR B2B Awards – Inno­va­tion in pay­ments solutions (techcrunch.com) [edit]
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Last Edited 3/17/14

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