Oz Forensics

Oz Forensics

Oz Forensics - customer/person biometric identification platform. Learn more
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DateInvestorsAmountRound
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$150k

Seed
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Acquisition
Total FundingCAD205k

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Oz Forensics operates in the biometric identification and verification market, providing advanced solutions for rapid and secure user identification. The company serves a diverse range of clients, including digital banking, telecom providers, microfinance institutions, aviation, and fintech companies. Oz Forensics offers a suite of products, including Liveness detection, face biometric recognition, and OCR (Optical Character Recognition) for ID cards. Their Liveness algorithms are designed to resist spoofing attacks, including deepfakes and 3D masks, ensuring high security and reliability. The company's AI-driven technology boasts a 99.87% accuracy rate in face recognition and a 99.1% accuracy rate in OCR for ID cards. Oz Forensics operates on a SaaS (Software as a Service) and on-premise licensing model, allowing flexibility and compliance with regulatory requirements in personal data processing. The business generates revenue through subscription fees for its SaaS offerings and licensing fees for its on-premise solutions. Trusted by customers from Forbes Global 2000 and IDC Fintech Rating 2019, Oz Forensics aims to increase customer conversion rates and accelerate business growth for its clients by providing robust KYC (Know Your Customer) processes and secure biometric verification solutions.

Keywords: biometric identification, Liveness detection, face recognition, OCR, AI-driven, SaaS, on-premise, KYC, spoofing resistance, regulatory compliance.

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