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The Markets
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The Markets
by Proactive
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authID.ai closes $22.5M, billionaire hedge fund boss Jamie Dinan more than doubles investment

authID.ai closes $22.5M, billionaire hedge fund boss Jamie Dinan more than doubles investment

authID.ai CEO Tom Thimot tells Proactive the provider of secure, mobile, biometric identity authentication has raised $22.5 million through the issuance of senior secured convertible promissory notes, shares of common stock, and through a credit facility.

Thimot says notably, billionaire Jamie Dinan, CEO of hedge fund York Capital Management has 'more than doubled' his position through the raise.

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