Investment Summary

Long Ridge Equity Partners Invests In AuthenticID

On July 22, 2021, growth capital firm Long Ridge Equity Partners invested in information technology company AuthenticID

Investment Highlights
  • This is Long Ridge Equity Partners’ 6th transaction in the Information Technology sector.
  • This is Long Ridge Equity Partners’ 18th transaction in the United States.
  • This is Long Ridge Equity Partners’ 1st transaction in Washington.

Investment Summary

Date 2021-07-22
Target AuthenticID
Sector Information Technology
Investor(s) Long Ridge Equity Partners
Deal Type Growth Capital

Target

AuthenticID

Kirkland, Washington, United States
AuthenticID is a pioneer in the Identity Proofing and Verification space. AuthenticID’s fully- automated solution protects identities and mitigates fraud without sacrificing user experience. The company has deep domain expertise in verifying government-issued identification documents with the market’s most powerful, next-generation, automated AI platform for fraud detection and identity verification. Its patented platform is used by the world’s leading financial services firms, wireless carriers, and identity verification platforms. AuthenticID was formed in 2001 and is headquartered in Kirkland, Washington.

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Investor(S) 1

Investor

Long Ridge Equity Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2007
PE ASSETS 1.8B USD
Size Large
Type Sector Focused
DESCRIPTION

Long Ridge Equity Partners is a private investment firm focused on the financial services sector. The Firm seeks growth capital and special situation investments. Specific areas of interest include financial technology, specialty finance, securities and trading, asset management, payments, and exchanges. Long Ridge was formed in 2007 and is based in New York City.


DEAL STATS #
Overall 20 of 25
Sector (Information Technology) 6 of 8
Type (Growth Capital) 13 of 18
State (Washington) 1 of 1
Country (United States) 18 of 21
Year (2021) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-15 Carson Group

Omaha, Nebraska, United States

Carson Group is a provider of wealth management tools and services to financial advisors and direct clients. Carson’s flagship partner program offers an integrated technology platform for advisors, offering services including asset management, research, marketing, and compliance. Carson Group was founded in 1983 and is based in Omaha, Nebraska.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-10 TRUE

Forest Hills, New York, United States

TRUE helps businesses in enhancing operational efficiency by providing reliable, innovative document automation solutions. The company leverages its deep expertise in OCR, advanced data capture, and AI technologies to convert raw information into actionable insight, equipping knowledge workers with the means to drive business value faster and more intelligently. TRUE is based in Forest Hills, New York.

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