imID

What imID does

imID is an Armenian Trust Services Provider (TSP) operating a mobile-based digital identity and electronic signature platform headquartered in Yerevan, Armenia. The company delivers three core products through an API-first architecture: IDaaS (Identification as a Service) for instant identity verification during user onboarding, SignaaS for legally binding electronic document signing, and AuthaaS for passwordless authentication. End users activate imID at Armenian mobile operator service centers by presenting identity documents, then use their mobile phone to register on digital platforms, log in without passwords, confirm transactions with one tap, and sign legally binding documents. The platform is built on cryptographic and multi-factor authentication solutions and integrates with the Armenian X-Road government infrastructure.

The business model is B2B transaction-based subscription revenue. imID publishes tiered annual packages priced in Armenian dram (AMD), ranging from 1,500,000 AMD for 1–10,000 transactions up to 70,000,000 AMD for unlimited transactions, with volume discounts of 5–30% and a 250 AMD per-transaction overage fee when package limits are exceeded. The company targets Armenian enterprises in regulated industries, with a stated customer base spanning all major Armenian banks (ACBA, Converse Bank, Unibank, Araratbank, ID Bank, Evoca), payment services (Idram, Easy Pay, Telcell, Armenian Card, Mobidram, Fastshift, MePay), telecom operators (Team, Team-Pay), the Government of Armenia, and the ACRA credit bureau.

imID is a privately held Armenian LLC («Իմ ԱյԴի» ՓԲԸ / My ID LLC) with 11–50 employees and no disclosed funding rounds. The platform has reached 541,288+ end users. In July 2025, the company acquired Mobile ID World for an undisclosed amount, signaling an active M&A posture. The platform also operates a standalone consumer-facing electronic signature sub-brand, imID Sign, at imidsign.am. Geographic operations are restricted to Armenia, with no disclosed international expansion.

Name

imID

Legal name

«Իմ ԱյԴի» ՓԲԸ

Website

https://imid.am

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

imID is an Armenian Trust Services Provider offering mobile-based digital identity verification, passwordless authentication, and legally binding electronic signatures via API. It serves Armenian banks, payment services, telecom operators, and government as a regulated national identity rail.

Ownership category

akta.pro rank

Product category

Digital Identity and Trust Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF)

akta.pro secondary industries

Identity & Access Security Services (IAM, PAM, Zero Trust) (BPAKAHAI), Identity & Access Management (IAM) Managed Services (BPAEADAE), Identity Verification (IDV) & Document Verification (FSAMALAE)

Keywords

• Digital identity verification
• Electronic signature services
• Authentication as a service
• Trust services provider
• Identity verification API

Headquarters

HQ city

Yerevan

HQ country

Armenia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. IDaaS Identity Verification: Transaction-based pricing with annual subscription packages. Organizations purchase transaction bundles (1-10,000 up to unlimited) and pay per-transaction overages at 250 AMD when limits are exceeded.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

imID is a Trust Services Provider that delivers mobile-based digital identity through three API products: IDaaS (Identification as a Service) for instant user onboarding and identity verification, SignaaS (Signature as a Service) for legally binding electronic document signing via mobile phone, and AuthaaS (Authentication as a Service) for passwordless login. The platform uses next-generation cryptographic and multi-factor authentication, with optional X-Road integration for government interoperability, and is offered to businesses via subscription packages tiered by transaction volume.

Product overview

imID is a digital identity and electronic signature platform offered as a unified suite of three core services: IDaaS for identity verification and user onboarding, SignaaS for legally binding electronic document signing, and AuthaaS for passwordless authentication. Users can register, log in, confirm transactions, and sign documents with a single touch via their mobile phone, without passwords or card readers. The platform uses next-generation multifactor and cryptographic solutions to protect digital identities.

Differentiator

Problem solved

Functional benefit

Brands

• imID Sign: Electronic signature service allowing legal document signing via mobile phone

Products and services

• IDaaS (Identification as a Service) API-based identity verification service that instantly verifies new users' identities with no uploads, selfies, or extra steps during onboarding. Designed for Armenian businesses that need to perform KYC and customer onboarding at scale.
• SignaaS (Signature as a Service) Electronic signature service that enables users to sign documents online with full legal force via their mobile phone, replacing paper-based signatures. Targeted at businesses needing legally binding digital document execution.
• AuthaaS (Authentication as a Service) Passwordless authentication service that enables secure login and identity verification across digital platforms using cryptographic and multi-factor authentication solutions, eliminating the need for passwords and card readers.
• imID Sign Sub-brand and consumer-facing interface of imID's electronic signature service, allowing legal document signing via mobile phone with a free sign-up flow.

Quantifiable outcome

• Register online in seconds without paperwork
• +2 more outcomes

Named customers19 records

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

Feature4 records

Partnerships

23 partnerships are on record, tiered core.

• ACBAcoreTechnology or IntegrationACBA bank uses imID for digital customer onboarding and identity verification services.
• UnibankcoreTechnology or IntegrationUnibank integrates imID for secure digital banking authentication and identity verification.
• Converse BankcoreTechnology or IntegrationConverse Bank uses imID platform for digital identity verification.
• AraratbankcoreTechnology or IntegrationAraratbank integrates imID for electronic identity services.
• ID BankcoreTechnology or IntegrationID Bank uses imID for digital banking identity verification.
• EvocacoreTechnology or IntegrationEvoca bank integrates imID for customer authentication.
• IdramcoreTechnology or IntegrationIdram payment system uses imID for identity verification in transactions.
• Easy PaycoreTechnology or IntegrationEasy Pay integrates imID for secure payment authentication.
• TelcellcoreTechnology or IntegrationTelcell uses imID for identity verification in payment services.
• MobidramcoreTechnology or IntegrationMobidram payment service integrates imID for verification.
• FastshiftcoreTechnology or IntegrationFastshift uses imID for payment transaction verification.
• MePaycoreTechnology or IntegrationMePay integrates imID for secure payment authentication.
• TeamcoreTechnology or IntegrationTeam telecom uses imID for digital identity services.
• Team-PaycoreTechnology or IntegrationTeam-Pay integrates imID for payment authentication.
• Government of ArmeniacoreTechnology or IntegrationGovernment services use imID for citizen identity verification and authentication.
• ACRAcoreTechnology or IntegrationACRA credit bureau uses imID for identity verification.
• FinboxcoreTechnology or IntegrationFinbox financial services platform integrates imID.
• Cash MecoreTechnology or IntegrationCash Me payment service uses imID verification.
• AmeriacoreTechnology or IntegrationAmeria consulting firm integrates imID for client services.
• YesemcoreTechnology or IntegrationYesem digital services platform uses imID for authentication.
• ListcoreTechnology or IntegrationList service integrates imID for identity verification.
• AEBcoreTechnology or IntegrationAEB uses imID for digital services.
• Armenian CardcoreTechnology or IntegrationArmenian Card payment system integrates imID for verification.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Jumio: Global identity verification and KYC/AML compliance provider. Comparable through identity verification and onboarding products targeting financial services and payments customers, similar to imID's banking and payment service clients.
• Veriff: Estonia-founded identity verification platform serving global customers. Comparable as an identity verification provider with banking and fintech focus, though operating at much larger scale and across multiple markets.
• Onfido: Global AI-based identity verification provider serving financial services and other regulated industries. Comparable through IDaaS-style identity verification API but operates at international scale across multiple geographies.
• DocuSign: Global leader in electronic signatures and agreement management. Comparable through SignaaS-equivalent functionality but operates at vastly larger scale and broader scope than imID's domestic Armenian offering.
• Okta: Global identity and access management platform serving enterprise customers. Comparable through authentication and identity verification functionality, but as a broad incumbent serving global enterprises rather than domestic TSP use cases.

Direct peers

• Nexus Group: European provider of identity and security solutions including PKI-based authentication, e-signatures, and credential management. Comparable as a TSP serving government and enterprise with similar identity verification and signing products.
• Signicat: Nordic digital identity platform offering eID, e-signature, and identity verification APIs. Highly comparable as a European TSP targeting banking and government clients with a multi-product IDaaS model similar to imID.
• SK ID Solutions (Sk ID Solutions AS): Estonian-based trust services provider offering Smart-ID and other digital identity and e-signature solutions across the Baltics. Directly comparable as a regional TSP serving banking and government with similar authentication and qualified e-signature products.
• iSign (Estonia): Estonian-qualified e-signature provider using mobile-based PKI solutions. Directly comparable as a small European TSP with mobile-first authentication and qualified electronic signature products in a small domestic market.

Regional players

• e-IMZO (CREDOMAX/Central Bank of Uzbekistan): Uzbekistan's national digital signature and identity platform. Comparable as a regional TSP serving a CIS country's banking, government, and citizen identity needs with mobile-based qualified electronic signatures.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ImIDarmenia

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 imID