Jake Weatherly, CEO of the Portland, Oregon-based company, said in an interview with VentureBeat the idea came after he noticed that his wife always had to produce a pay stub to get a teacher’s discount at stores. Over the last year, SheerID has expanded its customer base to include more than 200 customers across a diverse range of Fortune 2000 business-to-business brands, such as Target, Amazon, Lowe’s, Comcast, Google, T-Mobile, and Urban Outfitters.
The new funding comes on the heels of 450% revenue growth over the last three years, which enabled SheerID to hit the rank of 243 in this year’s Deloitte and Touche Fast 500.
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