SheerID
Instant verification while minimizing friction and mitigating fraud.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
N/A | Growth Equity VC | ||
| Total Funding | 000k | ||
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SheerID is a startup that specializes in identity marketing, helping businesses verify the eligibility of specific consumer groups, or "tribes," such as military personnel, students, teachers, nurses, first responders, seniors, and young adults. The company operates in the marketing and fraud prevention market, providing a platform that enables brands to offer personalized promotions and discounts to verified members of these groups.
SheerID serves a wide range of clients, including retail brands, service providers, and other businesses looking to target specific consumer segments with tailored offers. By using SheerID's services, these businesses can ensure that their promotions reach the intended audience, thereby increasing customer acquisition and loyalty while reducing fraud.
The business model of SheerID revolves around offering a verification platform that connects to a global network of 9,000 authoritative data sources. This network allows for instant verification of a consumer's eligibility for a particular offer, ensuring that only qualified individuals receive the promotion. The company makes money by charging businesses for access to its verification services, which can be integrated into their marketing and sales processes.
SheerID's platform not only helps businesses attract new customers but also protects their margins by preventing fraudulent claims. The advanced fraud protection features ensure that only legitimate members of the targeted consumer tribes benefit from the personalized offers. This balance of personalization and privacy is a key selling point for SheerID, as consumers are more likely to engage with brands that provide tailored experiences while safeguarding their personal information.
In summary, SheerID is a leading identity marketing platform that helps businesses verify and target specific consumer groups with personalized offers, thereby enhancing customer acquisition and loyalty while preventing fraud.
Keywords: Identity Marketing, Consumer Tribes, Verification, Fraud Protection, Personalized Offers, Customer Acquisition, Retail, Data Sources, Marketing Platform, Eligibility Verification.