3. Payfone $100.0M
Round: Series H
Description: Payfone is a customer identity platform that provides mobile and digital identity authentication solutions for businesses. Founded by Mike Brody and Rodger Desai in 2008, Payfone has now raised a total of $100.0M in total equity funding and is backed by investors that include TransUnion, RRE Ventures, Verizon Ventures, MassMutual Ventures, and Wellington Management.
Investors in the round: Andrew Prozes, Apax Digital, MassMutual Ventures, Ralph de la Vega, Sandbox Insurtech Ventures, Synchrony Ventures, The Blue Venture Fund, Wellington Management
Month of funding: June
Industry: Cyber Security, Identity Management, Information Technology, Mobile, Software
Founders: Mike Brody, Rodger Desai
Founding year: 2008
Total equity funding raised: $212.1M

Mastercard has been transforming how people pay and get paid for more than 50 years. Guided by a commitment to innovation, Mastercard helps businesses grow, improves the consumer payments experience, and advances a more inclusive financial system around the globe. Fostering a culture of innovation is critical to success and Mastercard attracts talented people with curious minds and big ideas across eight global tech hubs, including in the heart of NYC. Mastercard is also committed to working with developers and entrepreneurs, enabling advances in the payments ecosystem of the future. Learn more about innovation and life at Mastercard here.