Funding round
ID.me Series D
ID.me, which works in digital identity management solutions in McLean, raised $132M in a Series D round announced on 11 Apr 2023, led by Viking Global. 8 firms took part. It is ID.me's third venture round on record; the one before was a Series C in Mar 2021.
$132M
Amount raised
Not disclosed
Post-money valuation
8
Investors
1 lead
Valuation
What this round says about the price
ID.me did not disclose a valuation in this round; its last disclosed one was $1.50B at the Series C (Mar 2021). It came 25 months after ID.me's Series C. It is 22% of the $591M ID.me has raised in the venture rounds on record. ID.me raised again 29 months later: a Series E round of $340M in Sep 2025, at $2.00B post-money.
ID.me's funding rounds
ID.me has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Viking Global led the round with 7 other firms.
Lead investor
- backs 54 venture-backed companies new investor
Also in the round
- CapitalG backs 70 venture-backed companies new investor
- Morgan Stanley backs 120 venture-backed companies new investor
- backs 62 venture-backed companies new investor
- backs 18 venture-backed companies new investor
- new investor
- backs 29 venture-backed companies new investor
- backs 40 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
107 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.3 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 7 Apr 2023 | $107M | not disclosed | e& Enterprise |
| AlphaSense Tech Companies | 11 Apr 2023 | $100M | $1.80B | CapitalG |
| Tech Companies | 18 Apr 2023 | $53M | not disclosed | B Capital |
| Tech Companies | 6 Apr 2023 | $50M | not disclosed | Headline |
| Tech Companies | 9 May 2023 | $100M | $800M | Hanaco |
| Tech Companies | 31 May 2023 | $93M | not disclosed | Energy Impact Partners and Sway Capital |
| Tech Companies | 25 May 2023 | $70M | not disclosed | Generation Investment Management |
| Tech Companies | 25 May 2023 | $70M | not disclosed | Insight Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did ID.me raise in its Series D round?
ID.me raised $132M in its Series D round, announced in Apr 2023.
Who led ID.me's Series D round?
Viking Global led it, with CapitalG, Morgan Stanley, FTV Management Company, PSP Partners and Pier 12 Capital and 2 more.
What was ID.me's valuation at the Series D round?
It was not disclosed; its last disclosed one was $1.50B at the Series C (Mar 2021).
How does it compare with other Series D rounds in Tech Companies?
107 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 1.3 times the median.
Did ID.me raise again after this round?
Yes: a Series E round in Sep 2025 of $340M at $2.00B post-money.