According to regulatory filings, the company raised $850,000 of a $1 million round.However, founder and CEO Abrar Ahmed declined to disclose if the round included more than was reported.
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The team has focused the product on three core areas: persistent data to verify identity so people don't have to constantly re-enter data; privacy and data compliance; and portability, so that identity can be verified across devices.
Cozera doesn't collect the biometric data itself and works in the authentication space, which is after someone has opened a new account with an institution.
"Companies like Apple and Google invested money in capturing and using biometrics," for identity verification to unlock phones, said Cozera chief marketing officer Steve Karakas.
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