Incode
Manager
Fund |
Fund manager
Co-invested company
sector
Technology / Software
regional split
North America
vintage
status
Portfolio
category
Unicorn
General Atlantic 2021
General Atlantic

Incode

Co-invested company
Incode is revolutionising identity authentication using an AI-based platform. Its products have been adopted by major institutions, including the US government.
Incode's offices, part of the portfolio Fund manager private equity Fund manager  General Atlantic

Incode key figures

220 M$
valuation in 2022
x6
growth rate between 2021 and 2022
+ 100 M
identity checks / year
+ 30
activity modules
Data as at
3/5/26
*Source: Public data from companies’ websites and social media accounts. For more up-to-date information, we invite our investors to view the report made available on their space.

The fpci The Altaroc Odyssey private equity fund is no longer accepting new investments.

About Incode

San Francisco-based Incode is revolutionizing the verification and authentication of digital identities with its AI-based platform, which is simple, fast and secure.

Founded in 2015, Incode's customers include some of the world's largest financial institutions, governments, hotels and hospitals worldwide. The company is recognized as the leader in facial recognition by the US government.

A major turning point for the company came when it won a tender for Citibanamex, Mexico's second largest bank, which was looking for a supplier capable of meeting four components for biometric identity validation: facial recognition, facial identification, identity validation and videoconferencing.

Ricardo Amper, the company's CEO and founder, points out that over 90% of Incode's technology is developed in-house, giving the company the flexibility and speed it needs to evolve rapidly. Having the technology in-house enables Incode to remain agile and develop customized solutions in line with customers' needs and ever-changing regulations.

In 2022, Incode achieved sales of $31 million, recording year-on-year growth of 145%. Experts forecast an 86% increase in sales in 2023.

In the same sector as Incode

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