authID Inc. Common Stock
AUIDAuthID Inc. (AUID) specializes in identity verification and authentication solutions, providing secure access management for businesses across various industries. The company focuses on leveraging advanced technology to enhance security, streamline user authentication processes, and combat fraud.
Company News
authID (Nasdaq: AUID) and technology partner TurboCheck announced a major customer win with a leading global workforce solutions provider to combat employment identity fraud. The partnership deploys deepfake-resistant biometric verification and document validation tools to protect hiring, onboarding, and workforce operations. According to Gartner...
authID has been selected by an east coast technology organization serving the criminal justice sector to provide biometric identity authentication for administrators, staff, and incarcerated individuals in educational services, replacing their existing homegrown solution.
authID Inc. closed a registered direct offering of 2,688,747 shares and/or Pre-Funded Warrants, raising approximately $3,675,000 to be used for working capital and general corporate purposes.
authID reported record Q2 2025 revenue of $1.4 million, up from $300,000 year-over-year, with annual recurring revenue rising to $5.8 million. The company formed strategic partnerships with NEC and Proof, expanding its global identity infrastructure capabilities.
Identity technology firm authID reported Q2 2025 results with 415.3% revenue growth to $1.4 million, driven by new partnerships and technological innovations, while experiencing continued operating losses and challenges in contract conversions.
