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Growth

TMT ID secures £30m from BGF to accelerate US expansion and product development.

TMT ID

BGF backs mobile identity specialist TMT ID in its first institutional funding round to support international growth.

£30.0MGrowth

TMT ID provides mobile data and identity intelligence solutions to help organisations combat cybercrime and verify users. The firm operates a verification network spanning over 200 countries.

Mobile identity intelligence provider TMT ID has secured £30m in funding from BGF. The capital will be deployed to accelerate product innovation and drive international expansion into the United States market.

Founded in 2016, TMT ID has largely bootstrapped its operations prior to this institutional backing. The company has seen surging demand for its identity and fraud product suite amid rising global cybercrime losses and tighter regulatory requirements for online age verification.

The transaction marks the first institutional partnership for the business. BGF investor Matthew Connor led the deal alongside colleagues in the London office.


From the founder

"We are delighted to announce BGF’s investment in TMT ID. At a time when fraud and digital threats are escalating worldwide, the ability to verify users, detect risk, and protect customers has never been more critical. TMT ID’s mobile identity and number intelligence solutions deliver real-time insights that allow enterprises to build trust, prevent fraud and optimise decision-making."
JW

John Wilkinson

CEO at TMT ID


Investor perspective

"TMT ID combines smart technology with a proven commercial model in one of the fastest-growing areas of the digital economy. This investment reflects our confidence in the team’s vision and capability to expand internationally, particularly into the US market, and we are proud to back a business that is redefining digital trust."
MC

Matthew Connor

Investor, BGF


Use of funds

  1. 01Continue product development
  2. 02Expand into international markets

Investors

BGF

Matthew Connor

BGF


Categories

Big DataMobile AppSecurTech

About the company

TMT ID

TMT ID

Mobile identity intelligence company providing user verification and fraud prevention solutions.

London, UK Founded 2016 Website
£30.0MRaised