Veridos

What Veridos does

Veridos GmbH is a Berlin-headquartered provider of integrated identification and identity solutions for government clients, operating as a joint venture between Giesecke+Devrient (G+D, founded 1852, Munich-based SecurityTech) and Bundesdruckerei (the German federal technology group). The company offers four core solution pillars: Physical Documents (high-security passports, ID cards, and driver's licenses with patented optical security features), Mobile ID (ISO-compliant digital credentials that turn smartphones into government-issued IDs), Border Management (eGates, self-service kiosks, document readers, and biometric verification systems), and ID Factories (end-to-end infrastructure for in-country document production, personalization, and issuance). Veridos' stated footprint covers 100+ governments and 300+ completed projects worldwide.

The company's technology rests on a portfolio of patented security features—CLIP ID (laser-engraved color images embedded in polycarbonate data pages), Magic ID (angle-dependent optically variable elements), Spectre ID (tilt-activated dynamic visuals), DOVID (diffractive optical variable image devices), and specialized hinge technology—combined with biometric enrollment, document verification readers, and PKI-encrypted machine-readable barcodes. Documents are produced at the Veridos Matsoukis facility in Athens, which exports to more than 40 countries, alongside production joint ventures such as Uganda Security Printing Company (USPC) in Entebbe. Following the February 27, 2026 acquisition of Miami-based XTec Incorporated, Veridos also operates the only FedRAMP High Impact authorized Identity and Credential Management platform (AuthentX) and serves more than 85 U.S. federal agencies through Veridos America. Compliance with ICAO standards, European legislation, ISO 18013, and FedRAMP High Impact underpins the technical and regulatory positioning.

Veridos operates a B2B2G (business-to-business-to-government) commercial model, securing long-term contracts through competitive tenders with national governments and, increasingly, U.S. federal agencies. Revenue is generated from hardware sales of documents and eGates, subscription/recurring-style mobile ID deployments, and managed services for ID factory operations and modernization of personalization/issuance systems. Distribution combines direct enterprise sales with production joint ventures (Veridos Matsoukis, USPC) and local implementation partners such as GCC Computers Ltd (Cyprus) and Informatics (Sri Lanka), reaching customers across EMEA, the Americas, and parts of Asia and Africa.

Name

Veridos

Legal name

Veridos GmbH

Website

https://veridos.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Veridos GmbH provides integrated identity solutions—secure physical documents, mobile IDs, border management systems, and ID factory infrastructure—to governments in 100+ countries, operating as a joint venture between Giesecke+Devrient and Bundesdruckerei.

Ownership category

akta.pro rank

Product category

Government Identity Solutions

NAICS

Security Systems Services (56162), Security Systems Services (except Locksmiths) (561621), Software Publishers (5132)

SIC

Electronic Components & Accessories (3670)

akta.pro primary industry

Passport & Identity Document Management (THALAPAB)

akta.pro secondary industries

Digital Identity, Biometrics & eGate Enablement (THALAPAE), Decentralized Identity (DID) & Verifiable Credentials (BPAMAEAJ), Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF)

Keywords

• Secure identity documents
• Border management systems
• Biometric passport solutions
• Government identity infrastructure
• Mobile digital credentials

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Physical Identity Documents: Production and sale of high-security passports, ID cards, and driver's licenses to governments. This includes both the physical documents and the embedded security features and biometric chips.
2. Border Management Systems: Sale and installation of eGates, self-service kiosks, document readers, and automated border control solutions to airports and border control points.
3. Mobile ID Solutions: Digital identity credentials delivered via mobile devices, compliant with international standards.
4. ID Factory Solutions: End-to-end infrastructure for local production of identity documents, including consulting, planning, engineering, equipment supply, and ongoing maintenance.
5. Personalization and Issuance Systems: Modernization of document personalization and issuance systems, including hardware and software for enrollment, personalization, issuance, stock management and operator management.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Veridos designs, produces, and deploys secure identity solutions for governments worldwide. Its core offerings include high-security physical documents (passports, ID cards, driver's licenses), ISO-compliant mobile digital IDs, automated border management systems (eGates, kiosks, document readers), and end-to-end ID factory infrastructure for local document production and personalization.

Product overview

Veridos is a leading global provider of integrated identity solutions operating as a joint venture between Giesecke+Devrient and Bundesdruckerei. The company's product portfolio consists of four core solution areas: Physical Documents (high-security passports, ID cards, and driver's licenses with patented security features), Mobile ID (ISO-compliant digital credentials for smartphones), Border Management (eGates, self-service kiosks, and biometric verification systems), and ID Factories (end-to-end infrastructure for local document production). The portfolio also includes specialized security technologies like CLIP ID (laser-engraved color images), Magic ID (optically variable security elements), and Spectre ID (dynamic visual features). Following the 2026 acquisition of XTec, the company expanded into U.S. federal ICAM solutions via the FedRAMP High Impact authorized AuthentX Cloud Platform. Veridos serves governments in 100+ countries with solutions that span from physical document issuance to digital identity management and automated border control.

Differentiator

Problem solved

Functional benefit

Brands

• AuthentX: XTec's FedRAMP High authorized cloud platform for identity and credential management
• Veridos Matsoukis
• Veridos America

Products and services

• Physical Documents High-security passports, ID cards, and driver's licenses featuring patented security features, biometric integration, polycarbonate data pages, and cutting-edge security elements. Sold to governments and public authorities for citizen identification and travel.
• Mobile ID ISO-compliant and interoperable digital credential solution that transforms smartphones into secure government-issued digital IDs, with robust encryption and biometric integration for authentication anytime, anywhere.
• Border Management Comprehensive border control solutions including eGates, self-service kiosks, document readers, and biometric verification systems providing fast, secure, and efficient border crossings with real-time data analysis.
• ID Factories End-to-end infrastructure solutions for local production and personalization of high-quality identity documents, including advanced printing technologies, secure data processing, quality control, and modular customizable setups for national ID programs.
• XTec AuthentX Cloud Platform FedRAMP High Impact authorized cloud platform providing identity, credential, and access management (ICAM) solutions for U.S. federal government agencies and highly regulated environments.

Quantifiable outcome

• Border processing time reduced to under 14 seconds at Luxembourg Airport
• +2 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature9 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• XTec IncorporatedcoreStrategic or Co-development Partner · 27 February 2026Giesecke+Devrient acquired XTec Incorporated, a U.S.-based provider of federal-grade identity, authentication, and access management solutions. The business is integrated into Veridos. XTec brings the only Identity and Credential Management ecosystem authorized at the FedRAMP High Impact level, with relationships across more than 85 federal agencies.
• Veridos MatsoukiscoreStrategic or Co-development PartnerVeridos Matsoukis in Athens is one of the world's largest and most advanced production facilities for high-security identification documents. It exports documents to more than 40 countries and produces all Cypriot official identification documents.
• GCC Computers LtdminorImplementation/ SI/ Consulting PartnerGCC Computers Ltd provides local technical support and maintenance for the Cyprus national ID system implementation.
• Informatics (Sri Lanka)minorImplementation/ SI/ Consulting PartnerInformatics is responsible for integrating Veridos eGates into existing infrastructure at Bandaranaike International Airport, as well as training and supporting local staff.
• Uganda Security Printing Company (USPC)coreStrategic or Co-development PartnerJoint venture between Uganda Printing and Publishing Corporation (UPPC) and Veridos for local production of biometric ID documents. A 41-billion-shilling facility is being created in Entebbe.
• Giesecke+DevrientcoreStrategic or Co-development PartnerVeridos is a joint venture between Giesecke+Devrient (G+D) and Bundesdruckerei, combining their expertise in security technology and government identity solutions.
• BundesdruckereicoreStrategic or Co-development PartnerVeridos is a joint venture between Giesecke+Devrient (G+D) and the German federal technology group Bundesdruckerei.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Thales: Thales' Digital Identity & Security business provides passports, ID cards, border management, and digital identity solutions to governments, directly overlapping with Veridos' core offerings across the same end customers.
• HID Global: HID Global delivers government-to-citizen ID solutions including ePassports, eIDs, and identity infrastructure, directly competing with Veridos in physical and digital credential programs.
• De La Rue: De La Rue is a long-established security printer of passports, ID documents, and banknotes, directly comparable to Veridos in physical document production and security feature engineering.
• IDEMIA: IDEMIA is a global leader in government-issued identity, biometric authentication, and border management, directly competing with Veridos on national ePassport, ID card, eGate, and digital ID tenders worldwide.

Emerging players

• Au10tix: Au10tix provides identity verification and authentication technology used by governments and regulated enterprises, with overlapping capability in document verification and biometric ID proofing.
• 1Kosmos: 1Kosmos offers decentralized identity and workforce identity verification that competes in the same government digital ID and ICAM segments that Veridos' XTec/AuthentX platform targets.
• iProov: iProov provides biometric face verification for government and enterprise identity programs, comparable to Veridos' biometric verification component in eGates and digital ID onboarding.

Broad incumbents

• Giesecke+Devrient: Giesecke+Devrient is Veridos' other joint venture parent and a global SecurityTech player, with adjacent and partially overlapping identity, payments, and government solutions businesses.
• Bundesdruckerei: Bundesdruckerei is Veridos' joint venture parent and the German federal printing/identity group, operating overlapping capabilities in ID documents and digital identity for German and European government clients.
• NEC Corporation: NEC is a major provider of biometric identification and border management systems to governments, directly comparable to Veridos' eGate and biometric verification deployments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/veridos-canada

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Veridos