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ID.me Valued at $1.8 Billion Following Tender Offer
- ID.me has been valued at $1.8 billion following a tender offer.
- The valuation is up from $1.73 billion two years ago.
- The transaction was led by Ribbit Capital, with participation from Viking Global Investors and CapitalG.
- Identity verification services are growing in importance due to the rising threat of identity theft.
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