Incognia

Incognia

Verified
A privacy-first location identity company that provides frictionless mobile authentication for reduced fraud. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$124—186m (Dealroom.co estimates Jan 2024.)
Palo Alto California (HQ)

Financials

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DateInvestorsAmountRound
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round
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$31.0m

Series B
Total Funding000k

Recent News about Incognia

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Incognia is a cutting-edge startup specializing in fraud detection and user authentication through location-based technology. The company primarily serves fintechs, banks, retailers, social networks, food delivery services, and online marketplaces. Incognia operates in the cybersecurity and fraud prevention market, offering solutions to reduce fraud and enhance user experience on mobile apps.

The core of Incognia's business model is its advanced location identity technology, which uses precise location data to verify user identity and detect fraudulent activities. This technology is integrated into clients' mobile apps via a lightweight software development kit (SDK) and intuitive application programming interfaces (APIs). By analyzing device and location behavior, Incognia can instantly recognize trusted users and devices, thereby reducing friction for legitimate users and preventing fraud.

Incognia makes money by licensing its technology to businesses that need robust fraud detection and user authentication solutions. Clients pay for access to Incognia's SDK and APIs, which they integrate into their own mobile applications. This subscription-based model ensures a steady revenue stream while providing clients with continuous updates and support.

The company’s technology is proven, with 1.5 billion monthly sessions and compliance with major data security regulations like SOC2 TYPE II, GDPR, CCPA, and LGPD. Incognia's solutions are designed to be developer-friendly, ensuring fast and easy integration into existing systems.

In summary, Incognia offers a sophisticated yet user-friendly solution for fraud detection and user authentication, leveraging location data to provide high accuracy and reliability. This makes it an invaluable tool for businesses looking to enhance security and user experience on their mobile platforms.

Keywords: fraud detection, user authentication, location identity, fintech, banks, retailers, social networks, food delivery, mobile SDK, cybersecurity.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.