TLDR:
- k-ID, a cross-platform and instant sign-on solution for kids and teens, raised $45 million in a Series A funding round.
- The company has garnered support from major investors like Andreessen Horowitz and Lightspeed Venture Partners, as well as recognition as a World Economic Forum Technology Pioneer for 2024.
k-ID, a startup focused on providing a safe and privacy-preserving online experience for kids and teens, recently announced a successful $45 million Series A funding round. The company’s instant sign-on solution has gained traction among major publishers in the gaming industry, leading to significant backing from investors like Andreessen Horowitz and Lightspeed Venture Partners. This latest funding round brings the total funding raised to $51 million, demonstrating confidence in k-ID’s mission to prioritize youth safety in online interactions.
In addition to securing funding, k-ID was chosen as a World Economic Forum Technology Pioneer for 2024, joining a select group of companies recognized for their potential to transform industries and society. The company’s partnership with the ESRB Privacy Certified program further underlines its commitment to maintaining privacy and complying with regulatory standards.
The k-ID team, comprised of individuals with experience at tech giants like Meta and Tencent, is dedicated to empowering young users and creating a safer digital environment for children and teenagers. The company’s innovative approach to authentication and authorization for youth reflects a growing need for secure online interactions in a rapidly evolving digital landscape.
Investors and industry experts have praised k-ID’s unique position in addressing the challenges of child and teen online safety, citing the company’s potential to set new industry standards and streamline compliance processes for publishers. With a focus on building modern tools to protect younger users, k-ID is well-positioned to continue its growth as a key player in the digital safety space.
