Q5id
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Q5id was an Oregon identity-management startup founded in 2018 by CEO Steve Larson (with team members from his former company SureID), based in Beaverton/Hillsboro, Oregon. It built a patented biometric enrollment and authentication platform that proved a customer's digital identity matched their real-world identity using face, voice and palm biometrics plus liveness testing - delivering 'Proven Identity' to eliminate passwords. Its products included Know Your Employee (KYE), a frictionless identity-proofing solution to combat hiring fraud. It raised about $20.3 million.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Steve Larson founded Q5id in Oregon, building a biometric digital-identity platform (face, voice, palm) after his earlier company SureID.
- KYE launched
Launched Know Your Employee (KYE), an identity-proofing solution to combat hiring fraud in remote workforces.
- Out of business
PitchBook marked Q5id as 'Out of Business' with the deal status completed on March 14, 2024.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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