Founders Fund Values Identity Startup Persona at $1.5 Billion

  • Startup raises $150 million from Index Ventures, Coatue
  • Clients include Robinhood, DoorDash, Square, Coursera
3D illustration. Fingerprint integrated in a printed circuit.Getty Images
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Founders Fund is making a bet that there’s room for more startups in the identity verification space.

The storied venture firm led a $150 million investment in San Francisco-based Persona Identities Inc. Other participants in the round included Meritech Capital Partners, BOND and existing investors Index Ventures and Coatue Management.