authID.ai Pitch Deck: All 23 Slides + Teardown

authID.ai’s presentation is a structured argument for the transition from legacy 'something you know' security to biometric 'something you are' verification. As a publicly traded entity, the company uses this deck to highlight the massive financial drain of password-related failures, citing that these issues cost smaller banks over $12.5 million annually. The deck emphasizes a developer-friendly, API-first approach to integration, positioning its 'Verified' product suite as a low-to-no-code solution compatible with major identity providers like Okta and Auth0. By focusing on the 'indisputable…

Key takeaways

• The deck identifies a $12.5 million annual cost for smaller banks due to password-related problems, including fraud and resets (Slide 11).
• authID.ai positions its vision as a shift from high-friction legacy authentication to low-friction biometric verification (Slide 5).
• The product suite, 'Verified', is presented as an API-first solution that supports both REST API and no-code integrations (Slide 17).
• The company highlights strategic compatibility with major identity platforms including Okta, Auth0, and Temenos (Slide 17).
• A six-step enterprise SaaS growth model is outlined, moving from MVP to cross-sell and upsell (Slide 21).
• The presentation explicitly targets the 'digital economy' and the acceleration of digital banking (Slide 8).
• Security is framed as a move toward an 'indisputable audit trail' by linking devices to biometric identity (Slide 5).
• The deck omits a traditional 'Team' slide in the provided sequence, focusing instead on market mechanics and product utility.

Frequently asked questions

What specific problem does authID.ai solve for banks?

According to Slide 11, authID.ai addresses a $12.5 million annual loss for smaller banks. This figure is broken down into $7.63M from password fraud, $2.13M from compliance breaches, $2.13M from password reset labor costs, and $0.66M from customer attrition due to poor user experience.

How does authID.ai differentiate its technology from traditional passwords?

Slide 5 contrasts 'Legacy Authentication' (passwords and pin codes) with 'Biometric Authentication.' It argues that legacy systems are easily phished, while biometrics offer high security and low friction by combining 'something you have' (a device) with 'something you are' (facial biometrics).

Is the authID.ai solution difficult for developers to implement?

No, the company emphasizes ease of use. Slide 17 describes authID.ai as an 'API first company' where integration can be done with a few lines of code via REST API. They also offer 'Verified Cloud Connect' for low-code to no-code implementations.

What is the company's strategy for enterprise growth?

Slide 21 outlines a six-step process: 1. Market MVP, 2. Sell Proof of Value, 3. Iterate with POVs and book contracts, 4. Customer implementation, 5. First user subset goes live, and 6. Cross-sell and upsell enterprise-wide.

Which third-party platforms does authID.ai integrate with?

Slide 17 lists several key integrations and partners, including identity providers Okta and Auth0, as well as banking and fintech platforms Temenos and CUNextGen.

authID.ai pitch deck: the facts

Company

authID.ai

Year

2024

Stage

Post-IPO

Slides

23

Sector

Cybersecurity

Deck type

Investor Presentation

Outcome

$22.5M raised

Headquarters

N. America

authID.ai pitch deck PDF

The full authID.ai deck is embedded on this page and can be read slide by slide in the browser — no download or account required. Each slide is covered in the breakdown above.

What the authID Inc. (authID.ai) pitch deck was used for

This deck is authID’s 23‑slide **post‑IPO financing presentation used in early 2022** to raise approximately **$22.5 million** after its NASDAQ listing under ticker AUID.[1][3][4][7][8] The company is a publicly traded biometric security provider offering a passwordless, facial‑biometric identity platform to stop fraud for financial institutions and other enterprises.[6][9][11][12] The deck — covered by Business Insider — was used to secure additional working capital financing primarily from existing investors, including a significant commitment from hedge‑fund manager Jamie Dinan.[1][3][4][7][8] It focuses on replacing legacy password systems with strong identity assurance and low‑friction facial biometrics, framed around a multi‑million‑dollar annual fraud problem faced by smaller banks.[7]

Business model: authID provides a cloud-based biometric identity platform that enables enterprises to verify and authenticate the identity of customers and employees using facial biometrics and passwordless authentication for logins and transactions worldwide.[11][12]

Year

2022

Investors

Existing accredited investors in authID, including several members of the company’s board and management, who purchased, A major existing investor that provided an unsecured $10 million standby line of credit as part of the financing package, Jamie Dinan, billionaire hedge-fund manager and Milwaukee Bucks co-owner, who more than doubled his prior investment in

Founded

2009[10][12]

Headquarters

Denver, Colorado, United States[10][11][12][13]

Industry

Biometric identity verification and authentication / Software - Infrastructure[10][12][13]

Round: Post-IPO structured financing (convertible notes, common stock, and credit facility).

Raised: Approximately $22.5 million before fees, commissions, and expenses.[1][3][4][5]

Use of funds as presented: Company disclosures indicate the financing was expected to support authID’s projected working capital needs and budgeted operations through 2023.[1][2][4][5]

What happened after the authID Inc. (authID.ai) deck

The deck supported a completed $22.5 million financing round in March 2022, structured as convertible notes, equity, and a standby credit facility, which authID indicated would fund operations through 2023 while the company continued to develop and market its biometric identity platform as a public issuer.[1][3][4][5][8]

• Completion of approximately $22.5 million in financing on March 21, 2022, through senior secured convertible notes, comm
• Company disclosures stating that this financing, combined with existing cash, was expected to support authID’s projected
• Continued operation as a publicly traded company on NASDAQ under ticker AUID, with subsequent financial and operating re

What the authID Inc. (authID.ai) deck got right

• Compelling mission around fraud reduction and frictionless identity. authID presents a clear mission to "Stop Fraud with Strong Identity Assurance" and to recognize customers without friction wherever they transact, aligning its biometric technology directly to fraud prevention and UX improvement for financial institutions.[7][11][12]
• Holistic biometric identity and passwordless authentication platform. The company offers an integrated biometric identity platform that includes document-based identity proofing, spoofing detection, and passwordless facial authentication, which together create a differentiated, end-to-end solution for secure logins and transactions.[11][12]
• Demonstrated ability to secure substantial structured post-IPO financing. The $22.5 million financing round was successfully completed with a mix of convertible notes, equity, and a credit facility, demonstrating investor confidence and providing runway through 2023, a key reassurance for post-IPO investors.[1][3][4][5][8]
• Strong support from prominent and existing investors. Participation and increased commitment from notable investors such as Jamie Dinan and a major existing investor strengthen the credibility of the opportunity and signal strong backing behind the company.[3][7][8]
• Focused problem framing around bank fraud and legacy passwords. By focusing the deck narrative on the sizable fraud problem at smaller banks and the inadequacy of legacy password systems, authID ties its technology to a clear, urgent use case that investors can readily understand.[7][11][12]
• Clear market positioning as a specialized biometric identity provider. authID’s positioning as a publicly traded, specialized biometric identity provider with a patented, easy-to-integrate platform offers investors a clear market niche in cybersecurity and financial services identity management.[10][11][12][13]

What could have been stronger

• Sparse disclosed traction and operating metrics in the deck. Available coverage of the deck emphasizes fraud reduction and biometrics but provides little evidence that the slides quantified historical performance (e.g., revenue, customer count, live deployments), which may limit investors’ ability to assess traction and adoption at the time of the raise.[2][4][5][7][8]
• Limited visibility into unit economics and pricing. The deck frames a large fraud problem for smaller banks but publicly available descriptions do not indicate that it broke down unit economics (cost per verification, margin, payback period) or detailed pricing, leaving a gap in how the solution translates into financial returns for investors and customers.[7][11][12]
• Underdeveloped competitive landscape analysis. External descriptions of the deck focus heavily on technology and investor participation but provide little indication that the slides offered rigorous competitive mapping against other biometric or passwordless vendors, which could weaken the positioning for investors comparing market alternatives.[7][8][10][12]
• Complex financing structure without transparent dilution and terms. The $22.5 million package blends convertible notes, equity sales and a standby credit facility, yet public materials do not show the deck clearly explaining dilution, terms or scenarios for note conversion to new investors, which can complicate assessment of risk and upside.[1][3][4][5][8]
• Insufficient quantitative validation of UX and biometric performance claims. While the mission slide emphasizes stopping fraud "without friction," externally visible information does not show explicit data on user experience, authentication speed, or false accept/false reject rates presented in the deck, potentially leaving UX and performance claims under-supported.[7][11][12]

How an investor would read this deck

What draws attention

• Strength and differentiation of authID’s biometric identity platform, including passwordless facial authentication, document-based proofing, and spoofing detection capabilities.[11][12]
• Scale of fraud and account-takeover problems at smaller banks and financial institutions, and how authID’s platform addresses this with measurable reduction in fraud losses.[7][11][12]
• Structure of the March 2022 $22.5 million financing package (convertible notes, equity, standby credit facility) and its implications for runway, dilution, and capital strategy.[1][3][4][5][8]
• Quality and commitment of existing investors such as Jamie Dinan and the major investor providing the credit facility, as signals of confidence in the business.[3][7][8]
• Regulatory, security, and privacy posture of authID’s biometric solutions, especially in highly regulated financial services markets.[11][12]

Risks that stand out

• The financing package relies significantly on convertible notes and a credit facility from a major existing investor, which may create concentration risk and complex capital structure dynamics for future rounds.[1][3][4][5][8]
• Biometric and passwordless authentication markets are competitive, with many vendors targeting financial institutions; without strong differentiation and customer traction, authID could face pricing pressure and slower growth.[10][11][12]
• Regulatory and privacy concerns around biometric data (face images, identity documents) could lead to evolving compliance requirements and potential restrictions in certain markets.[11][12]
• If fraud-loss reduction and frictionless UX improvements are not clearly demonstrated with quantitative outcomes, banks may be slow to replace existing systems, elongating sales cycles.
• Market conditions for small-cap public technology companies can affect authID’s share price and ability to raise additional capital on favorable terms, particularly after structured financings involving convertibles and credit facilities.[10][14]

Questions this deck invites

• What concrete metrics (customers, live deployments, revenue, fraud-loss reduction figures) can authID show from banks and financial institutions that adopted its biometric identity platform by the time of the 2022 financing?
• How does authID’s biometric and passwordless authentication performance (accuracy, latency, false accept/false reject rates) compare to leading competitors, and what independent validations exist?
• What are the detailed terms of the senior secured convertible notes and the $10 million standby credit facility (conversion price, covenants, security interests), and how do they affect future equity rounds?
• What is authID’s go-to-market strategy for smaller banks and financial institutions (direct sales vs. partners), and what is the cost of customer acquisition relative to contract value?
• How does authID manage biometric data privacy, storage, and regulatory compliance across jurisdictions, and what certifications or audits support its security claims?

What founders can take from the authID Inc. (authID.ai) deck

• A post-IPO company can successfully use a focused deck to raise a structured financing package (convertible notes, equity, credit facility) by clearly presenting its working capital needs and runway objectives.[1][4][5]
• Positioning a biometric identity platform around a specific, high-cost problem — such as fraud and account takeover at smaller banks — creates a compelling narrative for investors about both impact and market need.[7][11][12]
• Leveraging well-known existing investors (such as a prominent hedge-fund manager) in the story can attract additional capital and validate the opportunity, especially when those investors materially increase their commitments.[3][7][8]
• Articulating a clear mission ("Stop Fraud with Strong Identity Assurance" and recognizing customers without friction) helps align the technology, market, and product roadmap for investors.[7][11][12]
• Combining company filings, press releases, and independent media coverage around a financing event provides investors with a more complete view of terms, strategy, and investor base than the deck alone.[1][3][4][5][7][8]
• For post-IPO raises, explicitly tying the use of proceeds to working capital needs and expected operational runway through a given period (e.g., through 2023) can reassure investors about short- to medium-term liquidity.[1][4][5]

authID Inc. (authID.ai) pitch deck: common questions

What does authID.ai do?

authID (Nasdaq: AUID) is a biometric identity verification and authentication provider that offers a cloud-based platform for passwordless login and transaction authorization, using facial biometrics and document-based identity proofing to help enterprises "Know Who’s Behind the Device" for every customer and employee interaction.[11][12]

What fundraise was this authID.ai pitch deck used for and how much was raised?

In March 2022, authID closed a **$22.5 million financing package** consisting of approximately $9.2 million of senior secured convertible promissory notes, about $3 million of common stock sales (plus additional stock purchased by management), and a $10 million unsecured standby credit facility from a major investor.[1][3][4][5][8] This financing was expected to support the company’s projected working capital needs through 2023.[1][4][5]

Which problem and customers does the authID pitch deck focus on?

authID’s 2022 deck and related coverage emphasized securing biometric identity verification and passwordless authentication for smaller banks and financial institutions that face significant annual fraud losses from legacy password systems.[7][8][11][12] The company positions its platform as a way to stop fraud with strong identity assurance while reducing friction in customer transactions.[7][11][12]

Is authID.ai publicly traded, and under what ticker?

authID is listed on the NASDAQ under the ticker **AUID**, with its IPO date recorded as August 24, 2021.[6][10][14] The company was formerly known as Ipsidy Inc. and later rebranded to authID Inc., continuing to trade publicly as a common stock.[10][12][14]

Who invested in the $22.5 million authID.ai financing round highlighted in the deck?

The $22.5 million financing round was funded largely by existing investors, including a major investor who provided the $10 million standby line of credit and hedge-fund manager Jamie Dinan, who more than doubled his prior investment according to Business Insider and Proactive Investors.[3][7][8] The notes and equity components were sold to accredited and existing investors, with some participation from authID management.[3][8]

Sources

Funding and outcome facts on this page were researched on 2026-08-30 from the pages below.

• authID.ai Closes $22.5 Million Financing Round
• authID.ai Announces 2021 Operational and Financial Results
• authID.ai Closes $22.5 Million Financing Round
• authID.ai Announces 2021 Operational and Financial Results | authID
• authID.ai Announces Financial and Operating Results for ...
• AUID: Authid Inc - Stock Price, Quote and News - CNBC
• Inside Billionaire Jamie Dinan's Bet on AuthID.ai
• authID.ai closes $22.5M, billionaire hedge fund boss Jamie ...

authID.ai pitch deck slides

What each slide of the authID.ai pitch deck says

Slide 1

\ =a \ authlD.ai '. Digital Identity 3 - The Perimeter of the New I 1% PO © Investor Presentation A New York | Bogota | London | Johannesburg

Slide 2

1] /VNT Key Accomplishments - 2021 authlD.ai |= fen] Uplisted puma | | Company Technology [Meas Onboarding 4 BA in Rebrand Se Enhanced, Nasdaq Sh pop = the Team : T AUID i neg i Verified ne Customers h=/ A Launch Launched oe * Key Hiring: Sales, Product + Closed public offering of + Launched Verified™ at + Powering innovative and Management, Marketing, ~$11.5 million Money 20/20 USA differentiated consumer and Engineering, and . x experiences to drive growth Customer Success + Facilitates broader + Fintech Survey - Thought and revenue investment in early-growth Leadership Ei : + Engaged PR, Marketing & company « Self-service implementation Tech/Engineering Vendors + Focused Messaging — with…

Slide 3

° /VN? Building the Team authlD.ai ‘ 7 ® >=, V: ; dl Tom Thimot Tripp Smith Peter Curtis Grace de Fries Jeremiah Mason Steve Fazio Chief Executive Officer, President & Chief Marketing Officer SVP MarCom & SVP, Product SVP, Sales Director Chief Techhology Officer Investor Relations Ed = = ¥ Joe Schwartz Donny Deaile Inside Sales Brittney Liburd Christabel Bugla Director, Sales Director, Sales Sr. Manager, Product Customer Success Marketing .

Slide 4

Our Vision: Authentication will be “Stepped Up” LEGACY AUTHENTICATION BIOMETRIC AUTHENTICATION * High Friction * Low Friction « Low Security * High Security [950 ® Sci m— ad ow | oe Take Your Selfie I Q LITITTY 22s, SECURE CO © [— verity = Transfer of - L - Identity a \ = | Verified [1] . « Something you know (Password) = Q ~~ 0) id + Somethi h Pincod omething you have (Pircade) + Something you have (device) * Easily phished and compromised + Something you are (Biometric) * Indisputable Audit Trail

Slide 5

Our Mission Stop Fraud with Strong ldentity Assurance Recognise Your Customer™ without friction, whenever and wherever they transact. Eo © 2021 authiD.ai. All Rights Reserved::

Slide 6

mT INT - authlD.ai : i i b- Biometric authentication is the J! 3 heart of digital transformation [8 A { Falling Behind Is Not an Option p | = New York | Bogota | London | Johannesburg

Slide text above is read directly from the authID.ai deck PDF embedded on this page.

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