Kevin Madden’s Post

As reported earlier by CNBC’s Leslie Picker, ID.me is excited to announce the largest financing in our history, a $275 million credit facility led by Ares Management Corporation. Ares will also make a substantial equity investment in ID.me in the coming months. This financing fuels the continued acceleration of our roadmap and growth strategy and comes amid significant business momentum. ID.me has signed up over 139 million users into its digital wallet, and revenue has grown over 450% from 2020 through 2024, as superior results are driving rapid adoption. Thank you to ID.me CEO Blake Hall, CFO Samantha Greenberg, and our partners at Ares Management Corporation, Brian Kim, John Clark, and Andrew Kenzie, for making this milestone possible. ID.me is revolutionizing the way Americans securely prove their identity online, expanding digital access while protecting privacy and preventing fraud. We are pleased that esteemed institutional investors are recognizing our market-leading outcomes and look forward to scaling ID.me to the next phase of our growth! Read the press release here: https://lnkd.in/eCBGr38b #CapitalMarkets #DigitalIdentity #IDme #SecureLogin