deepIDV, a Toronto-founded identity verification and fraud detection startup, has closed a $1 million seed round and opened a new office in San Francisco as it builds out its presence in the United States. The company also operates offices in Toronto and Dallas, giving it a three-city North American footprint as it targets customers in financial services, property technology, hospitality and online gaming.
The platform combines document authentication, facial biometric matching, active liveness detection and deepfake detection with compliance screening tools including anti-money laundering checks, sanctions lists and politically exposed person screening. deepIDV also offers transaction risk scoring and no-code workflow configuration, allowing organizations to set up verification processes without custom development.
Alongside its software platform, deepIDV offers a hardware product called deepcam, a tablet-style device for in-person identity verification in environments such as bank branches, casinos and retail locations. The device handles biometric authentication, age verification and facial recognition checks where physical identity confirmation is required.
The company is led by founder and CEO Shawn-Marc Melo, a two-time startup founder. Its board includes cybersecurity entrepreneur Robert Herjavec, founder of the Herjavec Group. The seed funding will support product development, hiring and go-to-market efforts as deepIDV competes in a market seeing growing integration of biometric verification into enterprise onboarding and fraud-prevention workflows.
