authID.ai raises $22.5 million to meet projected working capital requirements through 2023

authID.ai announced that it has closed on total financing of approximately $22,500,000 before fees, commissions and expenses. The financing raised: approximately $9,200,000 through the issuance of senior secured convertible promissory notes (the “Notes”) to certain accredited investors (collectively, the “Buyers”), most of whom have previously invested in authID.ai, including several members of the authID.ai Board and management team. The Notes are convertible into common shares of authID.ai at the option of the Buyers at any … More →

The post …

ai industry news requirements working