San Jose-based Incognia, a leading provider of location identity solutions, has secured an impressive $31 million in Series B funding in a round led by Bessemer Venture Partners. Other contributors include FJ Labs and existing investors such as Point72 Ventures, Prosus, and Valor Capital.
The company, under the leadership of CEO André Ferraz, plans to allocate the funds to support the ongoing development of its digital identity signals. Additionally, Incognia aims to strengthen its presence across North America, Europe, and EMEA while expanding into new verticals, including consumer internet, financial services, and eCommerce.
Incognia’s platform offers advanced location-based identity solutions, incorporating features like device tamper detection, location spoofing prevention, tamper-proof location verification, and phishing-resistant, frictionless account security. The company has demonstrated remarkable growth since its last funding round in June 2022, with a notable threefold increase in revenue and a sixfold return on investment for its clients.
With a dedicated team spread across four global offices in San Jose, CA; New York, NY; São Paulo, Brazil; and Recife, Brazil, Incognia is poised for further innovation and expansion in the evolving landscape of digital identity solutions.
