FinovateSpring 2011 Video Archives >> TrustedID


Website: www.trustedid.com
Blog:
blog.trustedid.com
HQ Location:
Redwood City, CA
Company Founded: 2005
Product Being Demoed: IDSafe
Product Launched: May 2011
Metrics: TrustedID has raised more than $15 million in venture capital, protects hundreds of thousands of customers and is profitable




Presenter Profile How they describe themselves: TrustedID provides consumer identity protection services. TrustedID's IDEssentials is ranked as the industry's top product (Javelin Research, 2010) and protects customers’ credit and identity with more than a dozen safeguards.

How they describe their product/innovation: IDSafe is the first product designed to give consumers a way to reduce their risk of identity theft at no cost for free. IDSafe delivers a strong, core level of protection, including privacy monitoring, black market Internet scans, credit scores, a $50,000 limited service warranty, and more. IDSafe is an ongoing free service - there is no subscription time limit or requirement to purchase at anytime. In addition, the IDSafe Marketplace brings together best-in-class free services from partners that complement TrustedID's protections, including five gigabites of backup, reputation monitoring and parental controls. TrustedID's premium services are available to IDSafe users who wish to deepen or broaden their protection to include credit monitoring and online credit reports and more.

Key Executives: Scott Mitic (CEO), Lyn Chitow Oakes (CMO), Gangadhar Kotte (VP Engineering), Eric Newman (VP of Sales & Business Development)

Key Board Members: Andreas Stavropoulos (Managing Director, Draper Fisher Jurvetson), Carl Showalter (Managing Partner, Opus Capital), Steve King (CEO, DocuSign, Inc.)

Key Investors: Draper Fisher Jurvetson, Opus Capital

Key Partnerships: Dell, Lenovo, Suze Orman, FICO

Contacts:
Bus. Dev., Sales: Eric Newman, VP of Sales & Business Development, newman@trustedid.com,
650-631-2359
Press: Lyn Chitow Oakes, CMO, loakes@trustedid.com, 650-631-2379

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