authID CEO Tom Thimot Discusses The Company’s Close of its $22.5 Million Financing Round
authID.ai (Nasdaq:AUID) CEO Tom Thimot talks to Proactive Investors about the Company’s recent closing of a $22.5 million financing round. The round was completed with the participation of new investors, as well as existing investors who increased their interest, including Jamie Dinan of York Capital, Stephen Garchik, and Varana Capital, whose investment was led by its co-founder and authID Board Member, Phil Broenniman. Other members of the Board and senior management team also participated in the round. The financing is expected to meet the Company’s projected working capital requirements through 2023.