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Aware

Full company profile

uuid000718g

Namestring
Aware
Legal namestring
Aware, Inc.
Websiteurl
aware.com
Company typeenum
Public
Founded yearint
1993
Descriptiontext

Aware, Inc. (NASDAQ: AWRE) is a Burlington, Massachusetts-based biometrics software company that has operated in identity verification since 1993, when it co-designed the FBI's WSQ fingerprint compression algorithm and became the first to commercialize it as a COTS SDK. The company serves federal, state, and local government agencies, law enforcement, financial institutions, and commercial enterprises through the Awareness Platform — an intelligent orchestration layer that supports multiple biometric modalities (face, fingerprint, iris, palmprint, voice, document) and integrates third-party biometric technologies from partners including ROC, Mitek, NEC, Intercede, and Airtera. Its product family spans the Awareness Platform, AwareABIS (automated biometric identification for government and law enforcement), AwareSDK (developer toolkit), AwareSolutions (custom hardware/software), and modular Intelligent Liveness, Intelligent Capture, and Intelligent Matching capabilities.

Aware generates revenue through perpetual software licenses, term licenses, annual maintenance contracts (the largest recurring component at $2.4M in Q3 2025 and $6.7M for the nine months ended September 2025), SaaS subscriptions (which doubled to $1.2M in Q3 2025 from $0.6M in Q3 2024), and professional services. The company sells primarily through direct enterprise field sales targeting federal and commercial accounts, supplemented by a partner and system-integrator ecosystem, with quote-based annual or multi-year contracts. Full-year 2025 revenue was $17.3M (essentially flat year-over-year), Q1 2026 revenue was $3.4M (down from $3.6M in Q1 2025), and the company held $22.5M in cash and marketable securities as of September 30, 2025.

Under CEO Ajay Amlani — co-founder of CLEAR and former White House Fellow and DHS Senior Policy Advisor — Aware has repositioned around biometric orchestration for AI-driven fraud defense, supported by a dense certification stack including FIDO Alliance Face Verification, FIDO2 Server, ISO/IEC 30107-3 (BixeLab), DHS RIVR Track 3, CEN/TS 18099, GDPR, CCPA, and the EU-U.S. Data Privacy Framework. The company's reported metrics — 80+ government agencies and hundreds of commercial organizations served globally, zero successful attacks in independent liveness evaluations, and a 33% YoY revenue spike in Q3 2025 — indicate a small but credentialed player executing a deliberate transition from a fragmented software portfolio to a unified platform business.

Short descriptiontext

Aware is a U.S.-based biometric identity software company serving government agencies, law enforcement, financial institutions, and commercial enterprises through its Awareness Platform, which orchestrates multi-modal biometrics and third-party identity technologies for verification, liveness, and fraud defense.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersBedford, United States
HQ citystring
Bedford
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
biometric identity verification, biometric orchestration platform, liveness detection software, multi-modal biometrics, fingerprint recognition SDK
Industry3 codes
1Fraud Prevention & Identity Verification (IDV/KYC)
CodeBPAMAEAIPrimaryYes
2Data, Evidence & Document Verification (IDV) for KYC
CodeFSAMAMANPrimaryNo
3Identity Verification, Proofing & KYC (IDV)
CodeHDAEAJAIPrimaryNo
NAICS code1 code
  • Software Publishers5132
SIC code1 code
  • Services-Prepackaged Software7372
Product category
Biometric Identity Verification Software
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Software Licenses
TypeOne Time License
Description

Both perpetual and term software licenses. Perpetual licenses allow perpetual use with annual maintenance fees, while term licenses are time-based subscriptions. Q3 2025 saw $1.0M expansion in perpetual licenses with an existing customer and $0.6M in new term license contracts.

aware.com
2Software Maintenance
TypeSubscription Recurring
Description

Annual maintenance contracts providing updates, support, and technical assistance. Represents the largest recurring revenue component, totaling $2.4M in Q3 2025 and $6.7M for the nine months ended September 2025.

aware.com
3Software Subscriptions
TypeSubscription Recurring
Description

Software-as-a-Service subscriptions for cloud-based biometric services. Q3 2025 subscriptions revenue was $1.2M, up from $0.6M in Q3 2024, demonstrating growth in the SaaS model transition.

aware.com
4Services and Other
TypeProfessional Services
Description

Professional services including implementation, training, and customization services. Q3 2025 services revenue was $0.2M, down from $0.4M in the prior year period.

aware.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
Pricing details1 tier
1Enterprise and government pricing with custom quotes
ModelSubscriptionBilling cadenceAnnual
Notes

Pricing is quote-based and not publicly disclosed. Contracts typically involve annual or multi-year terms with pricing based on deployment scale, number of users, and specific biometric modalities required.

aware.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 8 records shown
1Awareness Platform™
Description

Intelligent control plane for identity enabling biometric orchestration, identity verification, and decisioning workflows from a single platform.

aware.com
+7 more records
Core offering1 text field

Aware develops and sells biometric software products and an orchestration platform (the Awareness Platform) for identity verification, liveness detection, and biometric matching across multiple modalities (face, fingerprint, iris, palmprint, voice, document). Its offerings are sold to government agencies, law enforcement, financial institutions, and commercial enterprises for use cases such as citizen ID, border security, KYC onboarding, and fraud prevention. Revenue comes from perpetual and term software licenses, software subscriptions (SaaS), maintenance contracts, and professional services.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • Approximately 10x lower False Non-Match Rate compared to previous generations
+7 more records
Product overview1 text field

Aware offers a unified biometric orchestration platform (Awareness Platform) plus modular solutions. The core platform provides end-to-end biometric orchestration, identity verification, and decisioning workflows, while specialized modules include AwareABIS (for government/law enforcement), AwareSDK (for developers), and AwareSolutions (for custom hardware/software). Key intelligent modules include Intelligent Liveness (liveness/deepfake detection), Intelligent Capture (multi-modal capture), and Intelligent Matching (biometric identification). Supporting capabilities include Workflow Orchestration, Decision Orchestration, and WebEnroll (background verification). The platform supports face, fingerprint, iris, palmprint, voice, and document biometric modalities.

Product and service7 records
1Awareness Platform
CategoryBiometric Orchestration Platform
Description

Comprehensive, turnkey end-to-end biometric platform providing intelligent, scalable architectures for biometric orchestration, identity verification, and decisioning workflows. Enables organizations to configure biometric workflows, orchestrate multiple ecosystem partners, evaluate technologies in production, and optimize identity decisions without vendor lock-in.

2AwareABIS
CategoryBiometric Identification System
Description

Automated Biometric Identification System designed for government and law enforcement use, providing large-scale biometric identification and matching capabilities for criminal identification, background verification, and forensic applications.

3AwareSDK
CategoryBiometric SDK
Description

Software Development Kit designed for developers and system integrators to integrate Aware's biometric capabilities (capture, matching, liveness, compression) into their applications and systems.

4AwareSolutions
CategoryCustom Biometric Solutions
Description

Custom-fit hardware and software solutions for organizations requiring tailored biometric implementations, including specialized hardware integrations and bespoke deployments.

5Intelligent Liveness
CategoryLiveness Detection
Description

Biometric liveness detection solution that reduces deepfake, injection, and replay attacks by verifying that biometric samples come from a real, present user in real time. Combines passive and active detection methods with sub-second capture speeds and certified presentation attack detection performance.

6Intelligent Capture
CategoryBiometric Capture
Description

High-quality biometric capture solution across multiple modalities (face, fingerprint, iris, palmprint, voice, document) ensuring quality input for confident identity decisions downstream.

7Intelligent Matching
CategoryBiometric Matching
Description

Accurate and scalable biometric identification and matching solution providing fast decisions and precise identification across multiple biometric modalities at large scale.

Scale indicator12 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-06-09
Description

ROC was added as a biometric technology partner to the Awareness Platform in June 2026. ROC provides identity verification and biometric matching technologies that are integrated into Aware's biometric orchestration platform, enabling customers to configure workflows and orchestrate multiple technologies.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-06-09
Description

Mitek was added as a biometric technology partner to the Awareness Platform in June 2026. Mitek provides identity verification and document verification technologies integrated into Aware's orchestration platform to protect organizations from emerging threats like deepfakes, synthetic identities, and injection attacks.

3NAFFIC (National Advanced Functional Fiber Innovation Center)
Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2026-03-30
Description

NAFFIC and Aware partnered to create the first China-Europe Digital Product Passport (DPP) for textiles, unveiled at a sustainability summit in Suzhou, China. The system traces the complete recycled polyester supply chain from post-consumer plastic bottles to finished garments, with each step recorded on a public blockchain and verified via QR code. The DPP helps brands comply with the EU's Ecodesign for Sustainable Products Regulation.

wwd.com
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-10-14
Description

BixeLab, an NVLAP-accredited biometric testing laboratory, conducted independent testing and certification for Aware's face verification and liveness detection technologies. BixeLab is one of only three labs globally accredited for testing biometric performance and the first accredited under NIST NVLAP for biometric bias testing.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-10-14
Description

FIDO Alliance is an industry association that sets standards for authentication and identity verification. Aware achieved FIDO Alliance Face Verification Certification following a decade of collaboration including previous certifications in three FIDO UAF categories and NIST FATE testing.

Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

iProov is a biometric liveness and face verification vendor serving governments, financial services, and travel sectors. Highly comparable to Aware's Intelligent Liveness and Face solutions, with overlapping customer verticals (U.S. government, banks, travel/aviation) and liveness-first positioning.

TypeDirect peer
Description

Veriff provides identity verification, KYC, and biometric authentication to financial services and other regulated industries. Directly comparable to Aware on biometric-based KYC, fraud prevention, and onboarding use cases, targeting the same enterprise and financial-services buyers.

TypeDirect peer
Description

Incode offers an end-to-end identity verification and biometric authentication platform with face, document, and liveness capabilities. Comparable to Aware's Awareness Platform across government, financial services, and commercial enterprise deployments, including orchestration of multiple biometric modalities.

TypeBroad incumbent
Description

IDEMIA is a global leader in biometric and identity solutions serving governments, law enforcement, and commercial enterprises with face, fingerprint, and iris modalities. Comparable as a broad incumbent that sells many of the same components (ABIS, biometric SDKs, document verification) that Aware orchestrates.

TypeBroad incumbent
Description

Onfido is an AI-based identity verification and biometrics provider, acquired by Entrust, serving banks, fintechs, and other regulated enterprises globally. Overlaps with Aware's KYC, biometric verification, and liveness offerings in the financial services customer segment.

TypeBroad incumbent
Description

NEC provides large-scale biometric identification and face recognition solutions, used by governments and law enforcement worldwide. Listed as an Aware ecosystem partner (NEC integrates via the Awareness Platform), and directly comparable on government-scale biometric matching and identification.

TypeBroad incumbent
Description

Jumio is an established identity verification and KYC platform using AI, document verification, and biometrics for digital onboarding and fraud prevention. Comparable to Aware on financial-services onboarding, KYC, and identity verification workflows, though broader and more horizontally integrated.

TypeDirect peer
Description

Oosto provides face recognition and video analytics-based biometric solutions for security, retail, and public-sector use cases. Aware's CRO Brian Krause led North American expansion of Anyvision, and Oosto competes directly with Aware on face biometrics, liveness, and identity verification.

TypeDirect peer
Description

Mitek is a digital identity verification and mobile capture/identity document verification provider, and is now an Aware technology partner integrated into the Awareness Platform. Comparable on mobile capture, document verification, and biometric onboarding workflows that intersect with Aware's offerings.

TypeDirect peer
Description

Daon provides biometric identity verification and authentication platforms (IdentityX) used by financial services, government, and travel verticals. Comparable to Aware on multi-modal biometric orchestration, KYC, and customer onboarding, including face, voice, and document verification.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance8 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Aware

Biometric Identity Verification Softwareaware.com

Aware is a U.S.-based biometric identity software company serving government agencies, law enforcement, financial institutions, and commercial enterprises through its Awareness Platform, which orchestrates multi-modal biometrics and third-party identity technologies for verification, liveness, and fraud defense.

What Aware does

Aware, Inc. (NASDAQ: AWRE) is a Burlington, Massachusetts-based biometrics software company that has operated in identity verification since 1993, when it co-designed the FBI's WSQ fingerprint compression algorithm and became the first to commercialize it as a COTS SDK. The company serves federal, state, and local government agencies, law enforcement, financial institutions, and commercial enterprises through the Awareness Platform — an intelligent orchestration layer that supports multiple biometric modalities (face, fingerprint, iris, palmprint, voice, document) and integrates third-party biometric technologies from partners including ROC, Mitek, NEC, Intercede, and Airtera. Its product family spans the Awareness Platform, AwareABIS (automated biometric identification for government and law enforcement), AwareSDK (developer toolkit), AwareSolutions (custom hardware/software), and modular Intelligent Liveness, Intelligent Capture, and Intelligent Matching capabilities.

Aware generates revenue through perpetual software licenses, term licenses, annual maintenance contracts (the largest recurring component at $2.4M in Q3 2025 and $6.7M for the nine months ended September 2025), SaaS subscriptions (which doubled to $1.2M in Q3 2025 from $0.6M in Q3 2024), and professional services. The company sells primarily through direct enterprise field sales targeting federal and commercial accounts, supplemented by a partner and system-integrator ecosystem, with quote-based annual or multi-year contracts. Full-year 2025 revenue was $17.3M (essentially flat year-over-year), Q1 2026 revenue was $3.4M (down from $3.6M in Q1 2025), and the company held $22.5M in cash and marketable securities as of September 30, 2025.

Under CEO Ajay Amlani — co-founder of CLEAR and former White House Fellow and DHS Senior Policy Advisor — Aware has repositioned around biometric orchestration for AI-driven fraud defense, supported by a dense certification stack including FIDO Alliance Face Verification, FIDO2 Server, ISO/IEC 30107-3 (BixeLab), DHS RIVR Track 3, CEN/TS 18099, GDPR, CCPA, and the EU-U.S. Data Privacy Framework. The company's reported metrics — 80+ government agencies and hundreds of commercial organizations served globally, zero successful attacks in independent liveness evaluations, and a 33% YoY revenue spike in Q3 2025 — indicate a small but credentialed player executing a deliberate transition from a fragmented software portfolio to a unified platform business.

Aware firmographics

Firmographics
Name
Aware
Legal name
Aware, Inc.
Website
https://aware.com
Company type
Public
Founded year
1993
Operating status
Operating
Headcount range
51–100 employees
Short description
Aware is a U.S.-based biometric identity software company serving government agencies, law enforcement, financial institutions, and commercial enterprises through its Awareness Platform, which orchestrates multi-modal biometrics and third-party identity technologies for verification, liveness, and fraud defense.
Ownership category
akta.pro rank

Aware industry classification

Industry
Product category
Biometric Identity Verification Software
NAICS
Software Publishers (5132)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI)
akta.pro secondary industries
Data, Evidence & Document Verification (IDV) for KYC (FSAMAMAN), Identity Verification, Proofing & KYC (IDV) (HDAEAJAI)

Keywords

  • Biometric identity verification
  • Biometric orchestration platform
  • Liveness detection software
  • Multi-modal biometrics
  • Fingerprint recognition SDK

Where Aware is headquartered

Location

Headquarters

HQ city
Bedford
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Aware business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

  1. Software Licenses: Both perpetual and term software licenses. Perpetual licenses allow perpetual use with annual maintenance fees, while term licenses are time-based subscriptions. Q3 2025 saw $1.0M expansion in perpetual licenses with an existing customer and $0.6M in new term license contracts.
  2. Software Maintenance: Annual maintenance contracts providing updates, support, and technical assistance. Represents the largest recurring revenue component, totaling $2.4M in Q3 2025 and $6.7M for the nine months ended September 2025.
  3. Software Subscriptions: Software-as-a-Service subscriptions for cloud-based biometric services. Q3 2025 subscriptions revenue was $1.2M, up from $0.6M in Q3 2024, demonstrating growth in the SaaS model transition.
  4. Services and Other: Professional services including implementation, training, and customization services. Q3 2025 services revenue was $0.2M, down from $0.4M in the prior year period.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise and government pricing with custom quotes

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Aware product offering

Product offering

Core offering

Aware develops and sells biometric software products and an orchestration platform (the Awareness Platform) for identity verification, liveness detection, and biometric matching across multiple modalities (face, fingerprint, iris, palmprint, voice, document). Its offerings are sold to government agencies, law enforcement, financial institutions, and commercial enterprises for use cases such as citizen ID, border security, KYC onboarding, and fraud prevention. Revenue comes from perpetual and term software licenses, software subscriptions (SaaS), maintenance contracts, and professional services.

Product overview

Aware offers a unified biometric orchestration platform (Awareness Platform) plus modular solutions. The core platform provides end-to-end biometric orchestration, identity verification, and decisioning workflows, while specialized modules include AwareABIS (for government/law enforcement), AwareSDK (for developers), and AwareSolutions (for custom hardware/software). Key intelligent modules include Intelligent Liveness (liveness/deepfake detection), Intelligent Capture (multi-modal capture), and Intelligent Matching (biometric identification). Supporting capabilities include Workflow Orchestration, Decision Orchestration, and WebEnroll (background verification). The platform supports face, fingerprint, iris, palmprint, voice, and document biometric modalities.

Differentiator

Problem solved

Functional benefit

Brands

  • Awareness Platform™: Intelligent control plane for identity enabling biometric orchestration, identity verification, and decisioning workflows from a single platform.
  • AwareABIS®
  • AwareSDK™
  • AwareSolutions™
  • Intelligent Liveness
  • Intelligent Capture
  • Intelligent Matching
  • AwareID Authenticator

Products and services

  • Awareness Platform Comprehensive, turnkey end-to-end biometric platform providing intelligent, scalable architectures for biometric orchestration, identity verification, and decisioning workflows. Enables organizations to configure biometric workflows, orchestrate multiple ecosystem partners, evaluate technologies in production, and optimize identity decisions without vendor lock-in.
  • AwareABIS Automated Biometric Identification System designed for government and law enforcement use, providing large-scale biometric identification and matching capabilities for criminal identification, background verification, and forensic applications.
  • AwareSDK Software Development Kit designed for developers and system integrators to integrate Aware's biometric capabilities (capture, matching, liveness, compression) into their applications and systems.
  • AwareSolutions Custom-fit hardware and software solutions for organizations requiring tailored biometric implementations, including specialized hardware integrations and bespoke deployments.
  • Intelligent Liveness Biometric liveness detection solution that reduces deepfake, injection, and replay attacks by verifying that biometric samples come from a real, present user in real time. Combines passive and active detection methods with sub-second capture speeds and certified presentation attack detection performance.
  • Intelligent Capture High-quality biometric capture solution across multiple modalities (face, fingerprint, iris, palmprint, voice, document) ensuring quality input for confident identity decisions downstream.
  • Intelligent Matching Accurate and scalable biometric identification and matching solution providing fast decisions and precise identification across multiple biometric modalities at large scale.

Quantifiable outcome

  • Approximately 10x lower False Non-Match Rate compared to previous generations
  • +7 more outcomes

Companies that use Aware

Customer profile

Named customers8 records

Segments5 records

Ideal customer profiles6 records

Aware technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability6 records

Feature8 records

Aware partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and strategic.

  • ROCcoreTechnology or Integration · 9 June 2026ROC was added as a biometric technology partner to the Awareness Platform in June 2026. ROC provides identity verification and biometric matching technologies that are integrated into Aware's biometric orchestration platform, enabling customers to configure workflows and orchestrate multiple technologies.
  • MitekcoreTechnology or Integration · 9 June 2026Mitek was added as a biometric technology partner to the Awareness Platform in June 2026. Mitek provides identity verification and document verification technologies integrated into Aware's orchestration platform to protect organizations from emerging threats like deepfakes, synthetic identities, and injection attacks.
  • NAFFIC (National Advanced Functional Fiber Innovation Center)strategicStrategic or Co-development Partner · 30 March 2026NAFFIC and Aware partnered to create the first China-Europe Digital Product Passport (DPP) for textiles, unveiled at a sustainability summit in Suzhou, China. The system traces the complete recycled polyester supply chain from post-consumer plastic bottles to finished garments, with each step recorded on a public blockchain and verified via QR code. The DPP helps brands comply with the EU's Ecodesign for Sustainable Products Regulation.
  • BixeLabcoreTechnology or Integration · 14 October 2025BixeLab, an NVLAP-accredited biometric testing laboratory, conducted independent testing and certification for Aware's face verification and liveness detection technologies. BixeLab is one of only three labs globally accredited for testing biometric performance and the first accredited under NIST NVLAP for biometric bias testing.
  • FIDO AlliancecoreTechnology or Integration · 14 October 2025FIDO Alliance is an industry association that sets standards for authentication and identity verification. Aware achieved FIDO Alliance Face Verification Certification following a decade of collaboration including previous certifications in three FIDO UAF categories and NIST FATE testing.

Scale indicators12 records

Recent moves2 records

Expansion highlights6 records

Aware competitors and assessment

Company assessment

Direct peers

  • iProov: iProov is a biometric liveness and face verification vendor serving governments, financial services, and travel sectors. Highly comparable to Aware's Intelligent Liveness and Face solutions, with overlapping customer verticals (U.S. government, banks, travel/aviation) and liveness-first positioning.
  • Veriff: Veriff provides identity verification, KYC, and biometric authentication to financial services and other regulated industries. Directly comparable to Aware on biometric-based KYC, fraud prevention, and onboarding use cases, targeting the same enterprise and financial-services buyers.
  • Incode Technologies: Incode offers an end-to-end identity verification and biometric authentication platform with face, document, and liveness capabilities. Comparable to Aware's Awareness Platform across government, financial services, and commercial enterprise deployments, including orchestration of multiple biometric modalities.
  • Oosto (formerly Anyvision): Oosto provides face recognition and video analytics-based biometric solutions for security, retail, and public-sector use cases. Aware's CRO Brian Krause led North American expansion of Anyvision, and Oosto competes directly with Aware on face biometrics, liveness, and identity verification.
  • Mitek Systems: Mitek is a digital identity verification and mobile capture/identity document verification provider, and is now an Aware technology partner integrated into the Awareness Platform. Comparable on mobile capture, document verification, and biometric onboarding workflows that intersect with Aware's offerings.
  • Daon: Daon provides biometric identity verification and authentication platforms (IdentityX) used by financial services, government, and travel verticals. Comparable to Aware on multi-modal biometric orchestration, KYC, and customer onboarding, including face, voice, and document verification.

Broad incumbents

  • IDEMIA: IDEMIA is a global leader in biometric and identity solutions serving governments, law enforcement, and commercial enterprises with face, fingerprint, and iris modalities. Comparable as a broad incumbent that sells many of the same components (ABIS, biometric SDKs, document verification) that Aware orchestrates.
  • Onfido: Onfido is an AI-based identity verification and biometrics provider, acquired by Entrust, serving banks, fintechs, and other regulated enterprises globally. Overlaps with Aware's KYC, biometric verification, and liveness offerings in the financial services customer segment.
  • NEC (Biometric Solutions): NEC provides large-scale biometric identification and face recognition solutions, used by governments and law enforcement worldwide. Listed as an Aware ecosystem partner (NEC integrates via the Awareness Platform), and directly comparable on government-scale biometric matching and identification.
  • Jumio: Jumio is an established identity verification and KYC platform using AI, document verification, and biometrics for digital onboarding and fraud prevention. Comparable to Aware on financial-services onboarding, KYC, and identity verification workflows, though broader and more horizontally integrated.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Aware social profiles

Digital presence

Aware compliance and trust

Trust signal

Compliance8 records

Aware financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Aware leadership team

Management profile

Number of profiles

Profiles7 records

Aware funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Aware M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aware

What does Aware do?

Aware develops and sells biometric software products and an orchestration platform (the Awareness Platform) for identity verification, liveness detection, and biometric matching across multiple modalities (face, fingerprint, iris, palmprint, voice, document). Its offerings are sold to government agencies, law enforcement, financial institutions, and commercial enterprises for use cases such as citizen ID, border security, KYC onboarding, and fraud prevention. Revenue comes from perpetual and term software licenses, software subscriptions (SaaS), maintenance contracts, and professional services.

Is Aware a public or private company?

Aware is a public company. It is classified as public and is currently operating.

When was Aware founded?

Aware was founded in 1993. It employs 51 to 100 people.

Where is Aware based?

Aware is headquartered in Bedford, United States, in the North America region.

How does Aware make money?

Four revenue lines are on record. Software Licenses are the primary driver. The others are software Maintenance, software Subscriptions and services and Other.

Who are Aware's main competitors?

Direct peers on record are iProov, Veriff, Incode Technologies, Oosto (formerly Anyvision), Mitek Systems and Daon. Broad incumbents are IDEMIA, Onfido, NEC (Biometric Solutions) and Jumio.

Does Aware have an API?

No public API is recorded for Aware.

What industry is Aware in?

Aware's product category is Biometric Identity Verification Software. Its primary akta.pro industry code is BPAMAEAI, Fraud Prevention & Identity Verification (IDV/KYC), with a secondary code of FSAMAMAN, Data, Evidence & Document Verification (IDV) for KYC. Its NAICS code is 5132 and its SIC code is 7372.

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American Banking and Market NewsAware (NASDAQ:AWRE) versus Dolby Laboratories (NYSE:DLB) Head-To-Head ReviewDolby Laboratories beats Aware on 13 of 14 factors, including profitability and analyst ratings. Dolby's net margin is 16.70% versus Aware's -51.92%, and its consensus target price implies 48.81% upside. Dolby's beta of 0.78 indicates lower volatility than Aware's 1.04.Defense WorldAware (NASDAQ:AWRE) and Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Head-To-Head ComparisonDaily Journal Corp. and Aware are compared on 12 factors, with Daily Journal winning 8. Daily Journal has higher revenue ($87.7M vs $17.3M) and a lower P/E ratio, while Aware has higher insider ownership (34.3% vs 0.1%). Daily Journal's beta is 0.85, indicating lower volatility.Markets DailyHead to Head Review: Aware (NASDAQ:AWRE) versus Daily Journal Corp. (S.C.) (NASDAQ:DJCO)Daily Journal Corp. beats Aware on 8 of 12 factors, including profitability and valuation. Daily Journal has higher revenue ($87.70M vs $17.29M) and a lower price-to-earnings ratio, while Aware shows negative net margins and a sell rating.Biometric UpdateAccredited testing lab options grow as IAD providers seek edge in burgeoning marketKPMG Switzerland's biometrics testing lab gained accreditation to test injection attack detection systems under the European CEN/TS 18099 standard. Aware passed an independent evaluation by BixeLab, blocking over 600 injection attacks with no false positives. The lab expects independent testing to grow in importance, especially in regulated sectors like financial services.Pulse 2.0Aware: Interview With President And CEO Ajay K. Amlani About Biometric Identity TechnologyIn an interview with Pulse 2.0, Aware President and CEO Ajay K. Amlani described the company's Awareness Platform, a modular orchestration engine for authentication and identification designed to defend against spoofing, deepfakes and injection attacks. He cited a 700% global rise in deepfake fraud in fintech and highlighted the 2025 Intelligent Liveness launch, plus FIDO2 certification and DHS remote identity testing results.The Motley FoolAware (AWRE) Q2 2026 Earnings Call TranscriptAware reported a decrease in revenue for the second quarter of 2026, primarily due to lower software license sales and federal procurement delays caused by government shutdown disruptions. The company is transitioning to a SaaS-based biometric orchestration platform, focusing on federal and commercial markets, with expectations of improved performance in the second half of the year due to seasonal patterns and cost reductions.Biometric UpdateAware focussed on public sector opportunity for biometrics orchestration platformAware reported Q2 fiscal 2026 revenue of $3.3 million, down from $3.9 million year-over-year, with net loss widening to $2.6 million due to continued softness in standalone product offerings. The company is shifting focus toward digital identity orchestration for the public sector, noting increased business development engagement despite recent funding disruptions at DHS. Platform upgrades include a tenfold reduction in false non-match rate through Intelligent Matching software and integrations with biometrics from ROC and Mitek.Defense WorldAware (AWRE) Expected to Release Earnings on WednesdayAware, Inc. (NASDAQ:AWRE), a Bedford, Massachusetts-based biometric software company with a market cap of $24.03 million, is scheduled to release its Q2 2026 earnings results on Wednesday, July 29th, with analysts projecting a loss of $0.10 per share on revenue of $3.70 million. The company's most recent quarter showed a negative net margin of 45.31% and negative return on equity of 29.66%, with shares trading near their one-year low of $1.02. Recent insider activity included Director John S. Stafford III acquiring 57,937 shares at $1.25 per share, while institutional investors including Goldman Sachs Group Inc. increased their stakes by 71.6% during the quarter.Biometric UpdateAware upgrades biometric orchestration platform with ROC, Mitek integrationsAware has upgraded its digital identity orchestration platform, Awareness, by adding ROC and Mitek as biometric technology partners, along with enhanced Intelligent Liveness and Intelligent Matching capabilities to protect organizations from emerging threats like deepfakes, synthetic identities, and injection attacks. The platform now supports multiple biometric modalities including fingerprint, iris, palmprint, voice, face, and document verification, with the updated features set to become generally available in Q3 2026. Aware's CEO stated that the platform gives customers the ability to configure biometric workflows, orchestrate multiple technologies, and optimize identity decisions in real time.Stock TitanAware adds ROC, Mitek to Awareness identity platformAware, Inc. announced substantial innovations to its Awareness Platform, including expanded biometric orchestration capabilities and new integrated partnerships with ROC and Mitek for identity verification and biometric matching technologies. The platform enhancements aim to help organizations defend against sophisticated fraud threats including deepfakes, synthetic identities, and injection attacks, with new capabilities delivering an approximately 10× lower False Non-Match Rate compared to previous generations. General availability for the latest Awareness Platform innovation is targeted for Q3, 2026.