Incode
PrivateLast Round
Early Stage
VC
Sep 16, 2026
Est. Valuation
$1.25B
Total Funding Raised
$255M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Incode is a technology company that develops an end-to-end omnichannel identity platform, utilizing AI to provide secure biometric solutions for seamless customer identity validation across banking, payment, and retail sectors.
Sector
Cybersecurity
Verticals
Digital Identity, Compliance & Risk, Identity & Access, Computer Vision, RegTech
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Incode Comparables
Compare Incode with similar companies based on industry and business-model similarity.
Incode Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Stage VC | Sep 16, 2026 | ||||
| Early Funding | Nov 19, 2025 | ||||
| Series B | Dec 7, 2021 | ||||
| Series A | Mar 24, 2021 | ||||
| Seed | Oct 24, 2019 |
Key People
Founding team and executive leadership
Incode Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Walter Ventures | Series A |
| Silicon Valley CISO Investments | Series B |
| SoftBank Group | Series B |
| DN Capital | Series B, Series A |
| Walter Ventures | Series B, Series A |
| DF Capital Partners | Series B |
| FJ Labs | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 16, 2026
Raised $37M in an early stage VC round.
- Aug 20, 2026
Monthly visitors increased 81% MoM, reaching 1.1 million.
Recent news
Latest coverage and updates
- attends_eventSep 16, 2026
Incode attended event Latam Fintech Market 2026 on Sep 17th '26.
- receives_awardSep 9, 2026
Incode received award 2026 Award for Best AI-Driven Innovation in the Financial Crime Convergence Innovation Category at Datos Impact Awards in Fraud & AML. on Sep 9th '26.
- recognized_asAug 10, 2026
Incode recognized as highest-scoring Luminary in the Core Identity Technology Beam on Jul 1st '26.
- launchesAug 4, 2026
Incode launched GovFaceMatch for DMV-based identity verification. on Aug 4th '26.
- launchesAug 4, 2026
Incode launched GovFaceMatch on Aug 4th '26.
Incode Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Incode's valuation, stock price, and market status.
Is Incode a public or private company?
Incode is a private company.
What is the current stock price of Incode?
Incode is a private company with no public stock price. No recent secondary market data is available.
How much is Incode worth (valuation)?
Incode's valuation is estimated at $3.0B based on funding round data.
Can I buy Incode stock?
Incode shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Incode's last funding round?
Incode's most recent funding round was VC Round on November 19, 2025.
Who are the main investors in Incode?
Key investors in Incode include SoftBank Group, DN Capital, DILA Capital, DN Capital, 3L Capital.
Will Incode IPO soon?
No public IPO plans have been announced for Incode.
How can I track Incode secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Incode's secondary market activity and sign up for updates.