#SUMARU GROWTH EQUITY SERIES#
#SUMARU GROWTH EQUITY DOWNLOAD#

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#SUMARU GROWTH EQUITY DOWNLOAD#

You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. Please declare your traffic by updating your user agent to include company specific information.ДЇor best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Your Request Originates from an Undeclared Automated Tool Learn more about iProovвЂ™s current career opportunities. iProov was advised on this transaction by Houlihan Lokey and existing investors JRJ Group. Kyle Ryland, Managing Partner of Sumeru, is joining the existing iProov board. вЂњWeвЂ™re delighted to support the company in the next phase of its expansion and are very excited about the opportunities that lie ahead.вЂќ вЂњiProov is a unique business and its combination of patented deep technology, exceptional customer references and hugely capable team positions the company for outstanding future growth,вЂќ said Kyle Ryland, Managing Partner at Sumeru. Our strong balance sheet will give our customers and partners confidence in our long-term ability to keep them and their customers secure.вЂќ

вЂњOur potential is enormous and we now have the resources to scale in the United States and worldwide. вЂњThis investment by one of AmericaвЂ™s leading growth funds recognizes the preeminent position we have established,вЂќ said Andrew Bud, Founder and CEO of iProov. More than 1 million verifications were completed in a single day several times throughout 2021. iProov tripled its revenues from 2020 to 2021, processing more online verifications during one 10 day period in 2021 than in the whole of 2020.

#SUMARU GROWTH EQUITY SERIES#

Since iProovвЂ™s Series A in 2019, the cybersecurity company has achieved substantial growth. Department of Homeland Security, the UK Home Office, the UK National Health Service (NHS), the Australian Taxation Office, GovTech Singapore, Rabobank, ING and others. IProovвЂ™s patented technologies, Genuine Presence AssuranceВ® and Liveness Assuranceв„ў, are trusted by many of the worldвЂ™s most security conscious organizations, including the U.S.

IProov will use the new capital from Sumeru to rapidly build on its leadership in the United States and expand its international customer base, accelerate the growth of its global partner network, and maintain its position at the forefront of technology innovation while hiring top-quality staff worldwide.

Headquartered in Silicon Valley, Sumeru invests in technology firms with the potential to change the world, with a particular emphasis on helping companies expand in North America. IProov, the world leader in online biometric face authentication, today announced a $70 million (USD) growth investment from Sumeru Equity Partners (вЂњSumeruвЂќ).

Sumaru growth equity