Biometric authentication provider IronVest has emerged from stealth mode with US$ 23 million in seed funding. The investment round was led by Accomplice, which also included Joule Ventures, OurCrowd, Trust Ventures, Ulysses, and a number of angel investors.
The New York-based company, which was founded in December 2021, offers a biometric security and privacy application for safeguarding digital accounts across banking, email, investing, and healthcare services. According to IronVest, its solution employs a decentralized strategy for protecting personal data and grants access to sensitive accounts and data using biometric fraud prevention technology.
To further safeguard users’ online identities, the IronVest application also provides masked email addresses, virtual phone numbers, and virtual credit cards.