ID.me Closes $67M Secondary Tender Led by Ribbit Capital

November 26, 2024

ID.me closed a $67 million secondary tender offer led by new investor Ribbit Capital with participation from existing investors Viking Global Investors and CapitalG. The transaction provides liquidity to existing shareholders while bringing in institutional investors to support the company’s continued growth; ID.me is headquartered in McLean, Virginia and has enrolled over 135 million users into its digital identity wallet.

Buyers
Ribbit Capital, Viking Global Investors, CapitalG
Targets
ID.me
Industry
Cybersecurity
Location
Virginia, United States
Transaction Type
Recapitalization

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