Mitek Systems
The global leader in mobile capture and digital identity verification.
- Finance
- Technology
- banking
- big data
- computer vision
- deep tech
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Post IPO Equity | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 18 % | 20 % | 20 % | - | 3 % | 8 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 19 % | 19 % | 24 % | 16 % | 27 % | 28 % | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 7 % | 2 % | 5 % | 2 % | 1 % | 3 % | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 23 % | 21 % | 17 % | 20 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Related Content
Mitek Systems, accessible at miteksystems.com, is a technology company specializing in identity verification and mobile check deposit solutions. The company operates primarily in the financial services market, serving clients such as banks, credit unions, and other financial institutions. Mitek's core offerings include advanced identity verification technology and mobile deposit services, which allow users to deposit checks using their mobile devices.
The business model of Mitek Systems revolves around providing software solutions that enhance security and user experience for financial transactions. Their identity verification technology uses artificial intelligence (AI) and machine learning to ensure that customers are who they claim to be, thereby reducing fraud and risk. This technology is crucial for financial institutions that need to comply with regulatory requirements and protect themselves from financial crimes.
Mitek makes money by licensing its software to financial institutions and other enterprises. They offer both hosted (cloud-based) and on-premise deployment options, allowing clients to choose the solution that best fits their needs. The company's patented technologies and intuitive user interfaces make it easier for end-users to perform tasks like depositing checks and verifying their identities, which in turn increases customer satisfaction and reduces operational costs for the institutions.
Mitek's solutions are trusted by millions globally and are designed to bridge the gap between the physical and digital worlds. By focusing on innovation and user convenience, Mitek helps its clients achieve success, which in turn drives its own success. The company’s technology ensures that fewer check images are flagged for review, making the process smoother for both the financial institutions and their customers.
Keywords: Identity Verification, Mobile Deposit, Financial Services, AI, Machine Learning, Fraud Prevention, User Experience, Software Solutions, Financial Institutions, Regulatory Compliance.
