ProofID

Deal Type
Private Equity

Initial Investment
April 2022

Sector
Technology

Fund
Private Equity
Buyout Fund

Status
Current

ProofID is an award winning provider of identity and access management (IAM) services. The company offers consultancy services for enterprise customers across the UK, Europe and North America. ProofID has experienced impressive growth to date and has built a successful strategic partnership with leading IAM vendor Ping Identity. It is now the foremost integrator of Ping’s technology.

The business operates across over 160 countries, protecting over 50 million identities and supporting over 100 million daily transactions. Its clients operate in a range of sectors including financial services, education, healthcare, and non-profit.
ProofID

The investment in ProofID represents an attractive opportunity for our buyout fund to add a high-quality cyber security business to its portfolio. ProofID has experienced significant growth since it was established and benefits from high levels of recurring revenue. IAM is increasingly important to businesses and a key enabler for other aspects of cyber-security, including the implementation of a zero-trust strategy. Tom and his senior team are highly experienced and well regarded within the sector. We are excited to work with them and support the next stage of ProofID’s growth.

Jeremy Thompson, Investment Director at Maven

Meet the lead executive(s)

Jeremy Thompson
Jeremy Thompson

Partner

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