Saturday, May 24, 2025

Persona raises $200M to build AI-ready ID verification

Related stories

Neural Networks vs Deep Learning: Key Differences Explained

In the fast-paced world of AI, two key terms...

Diligent Acquires Vault to Advance AI Ethics & Compliance

Acquisition Brings Vault’s Best in AI-driven Automation, Ethical Risk...

Stargate UAE Launched by Global Tech Alliance

In a groundbreaking move signaling a new era of...

Pigment & Google Cloud Team Up on AI Business Planning

Partnership powers Pigment's growth, utilizing Google Cloud's AI infrastructure...
spot_imgspot_img

Latest funding reflects growing urgency to know the identity behind every digital interaction — without compromising privacy, user experience, or security

Persona, the leading verified identity platform, announced a $200 million Series D funding round, bringing the company’s valuation to $2 billion. The round was co-led by Founders Fund and Ribbit Capital, with participation from existing investors including BOND, Coatue, First Round Capital, and Index Ventures and Chemistry.

AI, fraud, and fragmentation are redefining online identity

“We’re facing an identity authenticity crisis, where the line between real and synthetic has become increasingly blurred,” said Rick Song, CEO and co-founder of Persona. “Identity in an AI-driven world isn’t about ticking a box, and the question is no longer ‘is this a bot or not?’ but rather ‘who is the bot acting on behalf of, and what is their intent?’ Identity is the linchpin: it reveals who is behind each action, provides context around their intent, and ultimately builds trust in a future where AI mediates more of our interactions.”

Automated traffic eclipsed human traffic on the internet for the first time in 2024 — and with the advancements in AI, it’s projected to account for over 90 percent of all internet traffic by 2030. AI systems have also surpassed human performance on all major CAPTCHA systems, further blurring the line between humans and machines online. But not all AI-driven traffic is malicious — it’s simply unidentified. As we move into this new era, the question is shifting from whether an interaction is automated to understanding who is behind it and what their intent is.

Also Read: Anomali Launches Agentic AI to Boost Threat Detection

At the same time, organizations face a deeply fragmented regulatory environment with ever-evolving compliance demands across jurisdictions, verticals, and identity use cases. Meanwhile, fraudsters are becoming more sophisticated, leveraging AI to create synthetic identities, generate deepfakes, and launch automated attacks at scale. And consumers are demanding greater privacy and control, pressuring companies to deliver seamless experiences without compromising on data protection.

Together, the rise of AI agents, increasingly sophisticated fraud, regulatory fragmentation, and growing privacy expectations have created a far more complex — and constantly evolving — identity landscape. As new identity verification technologies and frameworks emerge to meet these challenges, businesses need more than static solutions. They require a dynamic, configurable identity platform that can adapt to diverse use cases, keep pace with shifting risks, and scale trust wherever and however it’s needed.

Source: PRNewswire

Subscribe

- Never miss a story with notifications


    Latest stories

    spot_img