Coronavirus: Security startup ForgeRock raised $93 million despite the pandemic - Business Insider

Security startup ForgeRock raised almost $100 million in a Series E funding round – just as a global pandemic took hold. COVID-19 has boosted demand for ID verification solutions around the world, with the market predicted to be worth close to $30 billion by 2024. The round was led by Riverwood Capital with backing from the likes of Accenture Venture, Accel and KKR Growth. We got an exclusive look at the pitch deck ForgeRock used to close a funding round in the middle of a pandemic. Visit Business Insider's homepage for more stories.

Security startup ForgeRock raised $93 million just as a global pandemic was breaking out. ForgeRock was backed by a host of major VC firms including Riverwood Capital, Accenture Venture, Accel, and KKR Growth. The firm is a major player in the digital identity market, which Markets and Markets says could be worth $30 billion by 2024. Founded in 2010, San Francisco-headquartered ForgeRock counts the BBC and BMW among its clients.ID verification is one of the few industries to have seen a boost due to COVID-19, as employees around the world access their work systems from home. Governments are also considering ID verification systems to power immunity certificates for people recovered from COVID-19.We got an exclusive look at the (redacted) pitch deck ForgeRock used to bring investors on board: