Persona Raises $200 Million at $2 Billion Valuation

<p><span class&equals;"legendSpanClass"><span class&equals;"xn-location"><strong>SAN FRANCISCO<&sol;strong> <&sol;span><&sol;span>&&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;790822492&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwithpersona&period;com&percnt;2F&amp&semi;a&equals;Persona" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Persona<&sol;a>&comma; a leading verified identity platform&comma; has announced a <span class&equals;"xn-money">&dollar;200 million<&sol;span> Series D funding round&comma; bringing the company&&num;8217&semi;s valuation to <span class&equals;"xn-money">&dollar;2 billion<&sol;span>&period; The round was co-led by Founders Fund and Ribbit Capital&comma; with participation from existing investors including BOND&comma; Coatue&comma; First Round Capital&comma; and Index Ventures and Chemistry&period;<&sol;p>&NewLine;<p><b>AI&comma; fraud&comma; and fragmentation are redefining online identity<&sol;b><&sol;p>&NewLine;<p>&&num;8220&semi;We&&num;8217&semi;re facing an identity authenticity crisis&comma; where the line between real and synthetic has become increasingly blurred&comma;&&num;8221&semi; said <span class&equals;"xn-person">Rick Song<&sol;span>&comma; CEO and co-founder of Persona&period; &&num;8220&semi;Identity in an AI-driven world isn&&num;8217&semi;t about ticking a box&comma; and the question is no longer &&num;8216&semi;is this a bot or not&quest;&&num;8217&semi; but rather &&num;8216&semi;who is the bot acting on behalf of&comma; and what is their intent&quest;&&num;8217&semi; Identity is the linchpin&colon; it reveals who is behind each action&comma; provides context around their intent&comma; and ultimately builds trust in a future where AI mediates more of our interactions&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Automated traffic eclipsed human traffic on the internet for the first time in 2024 — and with the advancements in AI&comma; it&&num;8217&semi;s projected to account for over 90 percent of all internet traffic by 2030&period; AI systems have also surpassed human performance on all major CAPTCHA systems&comma; further blurring the line between humans and machines online&period; But not all AI-driven traffic is malicious — it&&num;8217&semi;s simply unidentified&period; As we move into this new era&comma; the question is shifting from whether an interaction is automated to understanding who is behind it and what their intent is&period;<&sol;p>&NewLine;<p>At the same time&comma; organizations face a deeply fragmented regulatory environment with ever-evolving compliance demands across jurisdictions&comma; verticals&comma; and identity use cases&period; Meanwhile&comma; fraudsters are becoming more sophisticated&comma; leveraging AI to create synthetic identities&comma; generate deepfakes&comma; and launch automated attacks at scale&period; And consumers are demanding greater privacy and control&comma; pressuring companies to deliver seamless experiences without compromising on data protection&period;<&sol;p>&NewLine;<p>Together&comma; the rise of AI agents&comma; increasingly sophisticated fraud&comma; regulatory fragmentation&comma; and growing privacy expectations have created a far more complex — and constantly evolving — identity landscape&period; As new identity verification technologies and frameworks emerge to meet these challenges&comma; businesses need more than static solutions&period; They require a dynamic&comma; configurable identity platform that can adapt to diverse use cases&comma; keep pace with shifting risks&comma; and scale trust wherever and however it&&num;8217&semi;s needed&period;<&sol;p>&NewLine;<p><b>Infrastructure for today&&num;8217&semi;s challenges — and tomorrow&&num;8217&semi;s unknowns<&sol;b><&sol;p>&NewLine;<p>Persona&&num;8217&semi;s platform was built for this complexity&period; Unlike rigid&comma; one-size-fits-all solutions&comma; it provides a configurable&comma; privacy-first foundation that adapts to businesses&&num;8217&semi; needs as regulations shift&comma; fraud evolves&comma; and use cases expand&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Identity is a foundational mega-trend driving digital transformation&comma; and we&&num;8217&semi;ve believed from day one that Persona would power this shift through its software-native solution&comma;&&num;8221&semi; said <span class&equals;"xn-person">Thomas Laffont<&sol;span>&comma; co-founder of Coatue&period; &&num;8220&semi;With the rise of AI agents&comma; it&&num;8217&semi;s critical to verify the identity — whether person or bot — behind every online interaction&period; Rick and the Persona team have both the vision and the ambition to build the platform that will help to lead this transformation&period;&&num;8221&semi;<&sol;p>&NewLine;<p>In addition to doubling its customer base&comma; Persona has achieved a number of key milestones over the past year&comma; including&colon;<&sol;p>&NewLine;<ul>&NewLine;<li>Ranked &num;1 across all evaluated Use Cases in the 2024 Gartner® Critical Capabilities report and <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;3696693675&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;prnewswire&period;com&percnt;2Fnews-releases&percnt;2Fpersona-positioned-highest-for-ability-to-execute-in-the-inaugural-gartner-magic-quadrant-for-identity-verification-302287487&period;html&amp&semi;a&equals;highest&plus;for&plus;Ability&plus;to&plus;Execute&plus;in&plus;the&plus;inaugural&plus;Gartner&percnt;C2&percnt;AE&plus;Magic&plus;Quadrant&percnt;E2&percnt;84&percnt;A2&plus;for&plus;Identity&plus;Verification" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">highest for Ability to Execute in the inaugural Gartner® Magic Quadrant for Identity Verification<&sol;a>&period;<&sol;li>&NewLine;<li>Enhanced age assurance solutions&comma; which have earned global recognition such as <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;2332839105&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;prnewswire&period;com&percnt;2Fnews-releases&percnt;2Fpersona-age-verification-positively-evaluated-by-the-kjm-for-the-protection-of-minors-in-germany-302321022&period;html&amp&semi;a&equals;certifications&plus;from&plus;Germany&percnt;27s&plus;KJM" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">certifications from <span class&equals;"xn-location">Germany&&num;8217&semi;s<&sol;span> KJM<&sol;a> and the <a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;2324812223&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;prnewswire&period;com&percnt;2Fnews-releases&percnt;2Fpersona-selfie-age-estimation-certified-by-the-age-check-certification-scheme-302310071&period;html&amp&semi;a&equals;UK&percnt;27s&plus;Age&plus;Check&plus;Certification&plus;Scheme&plus;&lpar;ACCS&rpar;" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">UK&&num;8217&semi;s Age Check Certification Scheme &lpar;ACCS&rpar;<&sol;a>&period;<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;2214556327&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;prnewswire&period;com&percnt;2Fnews-releases&percnt;2Fpersona-expands-identity-platform-to-enable-seamless-kyb-kyc-verification-for-european-businesses-302075826&period;html&amp&semi;a&equals;Expanded&plus;international&percnt;C2&percnt;A0KYB&plus;capabilities" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Expanded international KYB capabilities<&sol;a>&comma; helping businesses verify and onboard entities globally while detecting sophisticated impersonation and synthetic fraud&period;<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;3372721709&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;prnewswire&period;com&percnt;2Fnews-releases&percnt;2Fpersona-unveils-significant-advances-in-detection-of-ai-based-face-spoofs-302357425&period;html&amp&semi;a&equals;Detected&plus;over&plus;75&plus;million&plus;AI-driven&plus;face&plus;spoof&plus;attempts" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Detected over 75 million AI-driven face spoof attempts<&sol;a> via advanced liveness detection technology&period;<&sol;li>&NewLine;<li>Expanded footprint into workforce identity security&comma; including<a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;1952839101&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;prnewswire&period;com&percnt;2Fnews-releases&percnt;2Fpersona-announces-integration-with-oktas-workforce-identity-cloud-to-enhance-workforce-identity-security-302302630&period;html&amp&semi;a&equals;&percnt;C2&percnt;A0" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener"> <&sol;a><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4416916-1&amp&semi;h&equals;3082697413&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;prnewswire&period;com&percnt;2Fnews-releases&percnt;2Fpersona-announces-integration-with-oktas-workforce-identity-cloud-to-enhance-workforce-identity-security-302302630&period;html&amp&semi;a&equals;a&plus;partnership&plus;with&plus;Okta&percnt;27s&plus;Workforce&plus;Identity&plus;Cloud" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">a partnership with Okta&&num;8217&semi;s Workforce Identity Cloud<&sol;a>&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;

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