CertifID Raises $47.5 Million Series C Funding to Expand Security Solutions
July 15, 2025
CertifID announced a $47.5 million Series C funding round led by Centana Growth Partners. CertifID has also received continued support from Arthur Ventures, which has participated not only in this latest round of funding but also led their Series A $12.5 million and Series B $20 million rounds.
CertifID will use the new funding to expand its capabilities across identity verification, transaction monitoring and secure payments, while deepening its investment in the human expertise that makes the platform effective. The company will also grow its team, expand partnerships and accelerate the rollout of new security features.
“The investment in CertifID felt like a natural fit given Centana’s deep expertise in the identity and fraud prevention space,” said Tom Cronkright, co-founder and executive chairman of CertifID. “They understand our mission and share our commitment to securing critical financial transactions. I’ve personally experienced the devastating impact of wire fraud, and we started CertifID to help ensure others don’t have to. With this investment, we’re doubling down on innovation to stay ahead of shape-shifting fraud and deliver the highest level of protection to our customers.”
CertifID's platform helps title companies, law firms, lenders, real estate agents, consumers and an expanding set of organizations to protect their transactions through a combination of software, direct insurance and fraud recovery services. With fraud tactics evolving rapidly, the company leverages both AI-powered detection and human expertise to safeguard every step of the transaction.
“Most business owners don’t realize what they are up against: The increase in sophistication and frequency of attacks in the age of AI is alarming,” said Tyler Adams, co-founder and CEO of CertifID. “Our customers rely on CertifID every day as identity verification becomes more difficult and transactions get riskier to complete. This funding enables us to remain focused on innovation, staying ahead of emerging threats as we scale. Our team is setting a new standard for protecting life-changing transactions.”
As fraud threats continue to rise, particularly around identity verification and the movement of money, CertifID is positioned to help prevent fraud across complex and high-value transactions. With this new investment, CertifID said it will continue building tools that not only identify and block fraud in real time, but also help companies and consumers move money confidently in high-risk, high-value transactions.
“Business email compromise is one of the most urgent and costly threats facing industries that rely on high-trust, high-value transactions – real estate chief among them,” said Eric Byunn, partner and co-founder at Centana Growth Partners. "CertifID has built a comprehensive platform that sits at the intersection of fraud prevention, payments, insurance, and enterprise technology, which are areas where Centana has meaningful expertise and strong portfolio alignment.”
Last year, CertifID reported it prevented $1.3 billion in losses and to date have verified over 1 million mortgage payoffs and returned more than $100 million to fraud victims, underscoring its impact and dedication to safeguarding life-changing financial transactions.
“Our continued support reflects CertifID’s ability to consistently deliver, scale, and lead in a market that’s becoming more critical by the day," said Patrick Meenan, partner at Arthur Ventures. “Their growth trajectory and mission make them a standout partner.”
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