Maven Capital Partners Invests £15M in ProofID

ProofID Acquires Regatta Solutions Group

September 26, 2023

Cybersecurity

ProofID, a Maven-backed identity and access management (IAM) specialist, has acquired Austin-based Regatta Solutions Group, an Identity Governance and Administration (IGA) integrator, to broaden its IGA capabilities and launch a combined IAM managed services offering across Europe and North America. The combined business is projected to generate more than £27 million (approximately $32 million) in 2023; Maven Capital Partners and related Maven funds provided additional equity to part‑fund the transaction. Regatta’s 35 identity specialists will be integrated into ProofID, adding an Austin, Texas base to ProofID’s existing US presence in Colorado Springs.

Sumeru Equity Partners Invests $70M Growth Round in iProov

January 6, 2022

Cybersecurity

Sumeru Equity Partners committed $70 million in growth capital to iProov to accelerate the biometric face-authentication provider’s expansion in the United States and internationally. The investment will support product and partner-network growth, hiring, and scaling of iProov’s Genuine Presence and Liveness Assurance technologies.

Long Ridge Equity Partners Makes $100M Minority Growth Investment in AuthenticID

July 26, 2021

Cybersecurity

Long Ridge Equity Partners led a $100 million minority growth investment in AuthenticID to support the company's R&D, go-to-market efforts, and expansion across telecommunications, financial services, government, and other consumer segments. The funding is intended to accelerate AuthenticID's automated AI-based identity proofing platform and support the next generation of digital identity solutions; Long Ridge's Jim Brown will join the company's board.

Maven and Parkwalk Lead £3.25M Funding Round in PervasID

November 21, 2024

Manufacturing

RFID innovator PervasID has raised part of a £3.25 million funding round, including a £750,000 investment from Maven (via two Maven-managed regional funds) alongside co-investor Parkwalk Advisors. The funding will support PervasID’s commercial expansion (including a second base at NETPark, County Durham), further R&D and enhancement of its RFID hardware and data analytics software to serve retail, logistics, healthcare and aerospace customers.

Corsair Capital Acquires Majority Stake in IDnow

March 6, 2025

Cybersecurity

Corsair Capital has acquired a majority stake in IDnow from existing shareholders, elevating its prior minority position to a controlling interest. The investment will support IDnow’s continued growth and product innovation as a leading AI-powered identity verification platform in Europe, with plans to accelerate geographic expansion and pursue additional strategic acquisitions.

NPIF - Maven Equity Finance (Maven) and Management Back Traverse Associates with £650k Follow-on Investment

July 4, 2024

Software

Cheshire-based intelligent automation specialist Traverse Associates secured an additional £650,000 as part of a larger funding round led by NPIF - Maven Equity Finance (managed by Maven Capital Partners), with participation from company management and travel executive Mal Barritt. The growth capital will accelerate development and commercial rollout of Traverse's proprietary Cognitive Flow intelligent automation technology across SME and enterprise travel customers.