San Francisco, United States
Middesk, founded in 2019 and headquartered in the United States, is an innovative player in the Enterprise and Fintech sectors. The company is reshaping the landscape of business identity intelligence with a compelling offering that leverages infrastructure and APIs to provide decision-ready insights—integrated seamlessly into onboarding, risk, compliance, and operations workflows.
Unlike traditional methods of business identity verification, Middesk addresses the challenge of fragmented, slow data processes that create inefficiencies and blind spots for fraud. Serving over 500 customers across key industries such as Banking & fintech and Marketplaces & embedded finance, Middesk supports its customers in verifying and onboarding over 5 million businesses annually. Their solutions reportedly lead to 30% higher auto-approval rates and significantly reduced manual reviews by 60–70%.
As of June 2022, Middesk raised a substantial $57.00M Series B investment from top-tier investors including Gaingels, Insight Partners, Canapi Ventures, and Sequoia Capital. This funding underscores the market confidence in Middesk's scalable solutions aimed at streamlining Know Your Business (KYB) and Anti-Money Laundering (AML) processes, empowering fintechs, banks, and marketplaces to grow safely and swiftly.
