New York based identification compliance startup has raised $12m of Series A capital from Bessemer Venture Partners.
We have been able to watch the Alloy team work so hard from day one to build what has become the market-leading operating system for identity management for both start-ups and incumbents in the financial services ecosystem,” said Bessemer Venture Partners in a blog post in which Alloy announced the capital raise. “Alloy has many of the same characteristics of Bessemer’s most enduring developer platform businesses over the years and now sits squarely at the heart of the great rebundling that is in full swing in the FinTech landscape.”