Long Ridge Equity Partners Makes $100M Minority Growth Investment in AuthenticID

Choate represented Long Ridge Equity Partners in its $100M minority growth investment in AuthenticID, the leading provider of identity proofing solutions for large enterprises. AuthenticID provides document-centric identity verification delivered via the only 100 percent automated identity proofing platform, producing the industry’s highest accuracy rates and fastest processing times. The investment will support AuthenticID’s continued expansion within telecommunications, financial services, government, and other consumer segments looking to establish trust and mitigate fraud, as well as enable AuthenticID to support the next generation of digital identity platforms.