Yoti, founded in 2014, is a UK-based firm that specializes in providing privacy-focused identity and age verification solutions. The company's mission to build trust aligns well with protecting user privacy by offering innovative technologies to verify identity and age seamlessly.
By tackling global issues such as reducing fraud and preventing deepfakes, Yoti empowers users with greater control over their data. Its commitment to social purpose is evident, as it is a founding UK B Corp, indicating that social good is ingrained in its operations rather than an afterthought.
In terms of recent financial milestones, Yoti secured a £12.50M Convertible Note investment as of 01 December 2023, with the backing of HSBC. This investment signifies a vote of confidence in their business model and technological capabilities, positioning Yoti as a promising player in the Analytics and Information Technology sectors.