Onfido IPO
Onfido was a digital identity verification company that provided AI-powered identity checks and document verification services. The company served financial services, sharing economy platforms, and other businesses requiring customer identity verification. Onfido was acquired by Entrust in 2021.
What We Know
Onfido was acquired by Entrust in October 2021 for an undisclosed amount, ending any potential for an independent IPO. Prior to the acquisition, Onfido had raised over $200 million in venture funding and was considered a leading player in the digital identity verification space. The company had shown strong growth and expanded globally before the acquisition. As part of Entrust, Onfido no longer operates as an independent company and therefore will not pursue an IPO. The acquisition allowed Entrust to strengthen its identity and security offerings by incorporating Onfido's AI-powered verification technology.
Frequently Asked Questions
Has Onfido had an IPO?
No, Onfido never had an IPO. The company was acquired by Entrust in 2021 before going public.
When is the Onfido IPO date?
There will be no Onfido IPO as the company was acquired by Entrust in October 2021. As a subsidiary, Onfido is no longer independent.
How can I buy Onfido stock?
You cannot buy Onfido stock as the company was acquired by Entrust in 2021. Onfido no longer trades as an independent public company.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts