Middesk provides identity-as-a-service APIs that automate onboarding, business verification and underwriting decisions for regulated service providers such as banks, lenders, insurers, payments and payroll companies. The platform applies machine learning to identify and enrich U.S. businesses, notify providers of customer changes, and supply industry classification and other data used in compliance and risk decisions. Middesk has added features including lien search and filing and account transfers for its payroll tax registration product to support multistate compliance. The company was co-founded in 2019 by Kyle Mack and Kurt Ruppel and reports a customer base of 350 brands, including Plaid, Affirm, Bluevine, Pipe and Novo. Middesk competes with legacy business data providers such as Dun & Bradstreet and LexisNexis. The company plans to use new capital to expand headcount and further develop its identity management products. Middesk provides tools for B2B companies to verify, screen, and monitor their customers, offering business verifications, legal and regulatory checks, and industry classification products. Its solutions include Tax ID and name verification, Secretary of State filings, and website validation. Led by CEO Kyle Mack and CTO Kurt Ruppel, the company is building an end-to-end solution for customer verification and monitoring. Middesk intends to use the funds to continue expanding operations and accelerating development efforts. The company is based in San Francisco, CA.

Total raised

$61M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2022