# IPID funding: rounds and investors

> IPID has raised $16M across 1 round since 2026. Investors include Foundation Capital, Citibank and QED Investors. Every round with its source.

Source: https://millionrounds.com/company/ipid (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Series A startup](https://millionrounds.com/companies)

# Who invested in *IPID*

One round we have observed, with the 6 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$16M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $16M Oct 2026
- **Led by:** Foundation Capital
- **Investors:** 6 (1 led)

See who backed them

## The rounds

- **Oct 2026** Series A **$16M** [Foundation Capital](https://millionrounds.com/fund/foundation-capital) Lead [Citibank](https://millionrounds.com/fund/citi) [QED Investors](https://millionrounds.com/fund/qed-investors) [HSBC](https://millionrounds.com/fund/hsbc) [Quona Capital](https://millionrounds.com/fund/quona-capital) [Monk's Hill Ventures](https://millionrounds.com/fund/monk-s-hill-ventures) Reported by Firms' own news pages

## Founders and team

From IPID's own website: 3 founders, 7 on the team.

**Damien Dugauquier** Co-founder & CEO

**Geertjan van Bochove** Co-founder, CFO & COO

**Alain Raes** Founding Partner & CCO

- **Ivan Chong** CTO
- **Samantha Bautista** Head of Products
- **Adriena Lim** Growth and Brand Director
- **Connie Ma** Operations Director
- **Greg Huguet** Regional Director Europe
- **Quinn Pham** Regional Director APAC
- **Stephen Slattery** Regional Director Americas

## Everyone who backed them

[Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **1** round, led 1

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **1** round

[HSBC](https://millionrounds.com/fund/hsbc) Growth equity **1** round

[Quona Capital](https://millionrounds.com/fund/quona-capital) VC firm **1** round

[Monk's Hill Ventures](https://millionrounds.com/fund/monk-s-hill-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ipid).

## Also claim to have backed them

These 2 firms list IPID as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Jungle Ventures](https://millionrounds.com/fund/jungle-ventures) VC firm Per its own site

[1982 Ventures](https://millionrounds.com/fund/1982-ventures) VC firm Per its own site

## Quick answers about IPID

### Who invested in IPID?

IPID's investors include Foundation Capital, Citibank, QED Investors, HSBC and Quona Capital, and 1 more on record. Foundation Capital led its latest round.

### How much has IPID raised?

IPID has raised $16M across 1 round since 2026.

### When did IPID last raise?

IPID's most recent round was a Series A of $16M in Oct 2026, led by Foundation Capital.

### What was IPID's biggest round?

Its most recent round, $16M in Oct 2026, is also its largest on record.

### Who backed IPID first?

IPID's first round on record, in Oct 2026, was backed by Foundation Capital, Citibank and QED Investors and 3 others.

### What stage is IPID at?

IPID's latest named round is a Series A, in Oct 2026.

### Where is IPID based?

IPID is based in Singapore.

### Who led IPID's rounds?

Foundation Capital led the Series A in 2026.

## Companies like IPID

In the same sector, and raised in the last eighteen months.

[**Laters.com** $1.5M · Sept 2026](https://millionrounds.com/company/laters-com)[**Lyte** $190M · Sept 2026](https://millionrounds.com/company/lyte)[**Dtcpay** $50M · Sept 2026](https://millionrounds.com/company/dtcpay)[**Tokenz** $6.3M · Jun 2026](https://millionrounds.com/company/tokenz)[**Baskit** $8.5M · Apr 2026](https://millionrounds.com/company/baskit)[**Tazapay** $53M · Mar 2026](https://millionrounds.com/company/tazapay)

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