NEWS22 June 2020

Unum ID raises $2m funding

Financials New business News North America

US – Digital identity firm Unum ID has generated $2m in its latest round of financing.

Dollar bills

The latest funding round was led by Draper Associates and brings Unum ID’s total investment since its launch to $3.2m.

TappanHill Ventures, Wedbush Ventures, Hard Yaka and a number of other angel investors were also involved in the latest round of funding for Unum ID.

Unum ID works by creating a single ‘digital identity’ for consumers that can be common across company departments and between different businesses.