Unum ID: Raises $2M in Funding

Unum ID Raises $2M in Funding

• Unum ID, a San Francisco, CA-based provider of a digital ID card network, raised $2M in funding
• The round was led by 1414 Ventures and Outliers, with participation from Draper Associates, and TappanHill Ventures
• The company intends to use the funds to cement its position as the leader in reusable identity
• UnumID provides a digital ID card network, which unlocks secure 1-Click sign-up, apply, and log-in across industries
• Its patent pending tech leverages a Web Wallet to securely store and share digital ID – no app download or software install required
• Users receive digital ID cards from issuers in under 10 seconds, and can leverage those cards to sign up instantly at any relying party