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ID.me Announces $275 Million Financing from Ares Management

Provided By PR Newswire

Last update: Jan 30, 2025

MCLEAN, Va., Jan. 30, 2025 /PRNewswire/ -- ID.me, the market leading digital identity wallet, today announced it has closed a $275 million credit facility provided by Ares Management funds ("Ares"). Ares also plans to make a substantial equity investment in ID.me. Proceeds will fuel ID.me's continued acceleration, as ID.me is revolutionizing the way Americans securely prove their identity online, expanding digital access while protecting privacy and preventing fraud.

Read more at prnewswire.com

ARES MANAGEMENT CORP - A

NYSE:ARES (2/21/2025, 8:04:00 PM)

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