Paravision (identity verification service)

Last updated
Paravision
Company type Private
Industry Software
Services Identity verification service
Website www.paravision.ai

Paravision is a technology company which provides a backend identity verification service as a business-to-business product for other, consumer-facing organizations which verify the legal identities of Internet users.

Contents

History

In 2021 after the Federal Trade Commission accused the company of unlawful use of consumer data including deception about retaining consumer uploaded ID photos for additional use, retaining data of users who deactivated their accounts, and use of this data for purposes beyond verifying user identity. [1] [2] [3] Through this time and before, the company used names including "Ever", "Ever AI", "Everalbum", and then became Paravision by 2021. [3]

In 2021 the company raised US$21 million in capital from investors including J2 Ventures, HID Global, Marlinspike Capital, Atomic VC, Icon Ventures, Perot Jain, and Red Cell Partners. [4]

Services

In 2024 Paravision began a major research collaboration with the intergovernmental intelligence organization Five Eyes. [5] [6]

Paravision is the business-to-business technology backend providing identity verification to consumer-facing services including Persona. [7]

References

  1. Federal Trade Commission (7 January 2021). "Everalbum, Inc., In the Matter of". Federal Trade Commission.
  2. Federal Register (25 January 2021). "Everalbum, Inc.; Analysis of Proposed Consent Order To Aid Public Comment". Federal Register.
  3. 1 2 Sorenson, Zachary (13 January 2021). "Everalbum, Inc: In first facial recognition misuse settlement, FTC requires destruction of algorithms trained on deceptively obtained photos". Harvard Journal of Law & Technology. Harvard Journal of Law & Technology.
  4. "Facial recognition company Paravision raises $23M". www.phocuswire.com. 12 May 2021.
  5. Perala, Alex (16 October 2024). "Paravision to Operationalize Deepfake Detection Tech with Five Eyes Partner". ID Tech.
  6. "Paravision Secures Deepfake Detection Program with Government Partner". Paravision. October 2024.
  7. Tucker, Hank (13 February 2024). "The Future Of Wall Street And Enterprise: Fintech 50 2024". Forbes .