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Company profile: Credence ID

1.1 - Company Overview

Credence ID Logo

Credence ID

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of identity verification hardware and software, including rugged mobile biometric devices with fingerprint, face, smartcard, and ePassport capabilities; the CredenceCONNECT web-based device management and analytics platform; and Verify with Credence for accepting mobile driver’s licenses and verifiable credentials. Deployed 100,000+ verifiers in 20+ countries; pioneered mID verification in the US at over 2,000 security checkpoints.

Products and services

  • Verify with Credence™ (VwC™): A standards-based digital ID verification product that accepts and authenticates reusable Mobile Driver’s Licenses and Verifiable Credentials, delivering identity data control tools and compliance features
  • CredenceCONNECT™: An enterprise-grade web management and analytics platform that controls, manages, and analyzes Credence ID devices remotely, featuring activity tracking, remote diagnostics, and over‑the‑air software updates
  • CredenceTAB™: A rugged biometric tablet with a 10‑inch screen integrating face, fingerprint, and smartcard scanning plus an ePassport reader, engineered for large‑scale biometric enrollment projects

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Credence ID

Nivisys Logo

Nivisys

HQ: United States Website
  • Description: Provider of OEM products and night vision systems, offering system integration services.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Nivisys company profile →
DVTEL Logo

DVTEL

HQ: United States Website
  • Description: Provider of multi-source intelligence systems over IP networks, delivering software-based solutions for the creation, development, and delivery of such systems to a wide range of customers.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full DVTEL company profile →
IntelliVision Logo

IntelliVision

HQ: United States Website
  • Description: Provider of intelligent video analytics software and smart cameras with patented technology for processing, searching, and mining real-time or stored video. Solutions include AI video analytics for security alerts, face recognition with anti-spoofing, license plate recognition (ALPR/ANPR), smart access control, video telematics/ADAS/DMS, and smart city/transportation ITS for traffic signal control, congestion monitoring, and parking assistance.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full IntelliVision company profile →
First Light Imaging Logo

First Light Imaging

HQ: France Website
  • Description: Provider of scientific cameras, acting as both designer and manufacturer.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full First Light Imaging company profile →
ADS Security Logo

ADS Security

HQ: United States Website
  • Description: Provider of residential and electronic security solutions, including managed access control, wireless monitoring, and remote management via cell phone or computer in the southeastern United States. Supplies, installs, services, and monitors burglary, automation, video surveillance, and life safety (fire) systems.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ADS Security company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Credence ID

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Credence ID

2.2 - Growth funds investing in similar companies to Credence ID

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4 - Top valuation comps for Credence ID

4.2 - Public trading comparable groups for Credence ID

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4.3 - M&A Transactions similar to Credence ID

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Credence ID

What does Credence ID do?

Credence ID is a provider of identity verification hardware and software, including rugged mobile biometric devices with fingerprint, face, smartcard, and ePassport capabilities; the CredenceCONNECT web-based device management and analytics platform; and Verify with Credence for accepting mobile driver’s licenses and verifiable credentials. Deployed 100,000+ verifiers in 20+ countries; pioneered mID verification in the US at over 2,000 security checkpoints.

Who are Credence ID's competitors?

Credence ID's competitors and similar companies include Nivisys, DVTEL, IntelliVision, First Light Imaging, and ADS Security.

Where is Credence ID headquartered?

Credence ID is headquartered in United States.

How many employees does Credence ID have?

Credence ID has 1,000 employees 🔒.

When was Credence ID founded?

Credence ID was founded in 2010 🔒.

What sector and industry vertical is Credence ID in?

Credence ID is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Credence ID

Who are the top strategic acquirers in Credence ID's sector and industry

Top strategic M&A buyers and acquirers in Credence ID's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Credence ID?

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Financial Investors investing in Credence ID's sector and industry vertical

Which are the top PE firms investing in Credence ID's sector and industry vertical?

Top PE firms investing in Credence ID's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Credence ID's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Credence ID's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Credence ID's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Credence ID include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Credence ID's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Credence ID?

The key public trading comparables and valuation benchmarks for Credence ID include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Credence ID for public valuation benchmarks?

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What are recent M&A transactions in Credence ID's sector and industry vertical?

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What are recent capital raises and funding rounds in Credence ID's' sector and industry vertical?

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