McLean-based ID.me Closes on $275 Million Credit Facility from Ares Management

Ares will also make significant equity investment

Jan 30, 2025

∙ Paid

McLean, Va. – In the most significant financing for a local company this year, McLean-based digital identity firm ID.me announced that it has closed on a $275 million credit facility from Ares Management, which also plans to make a significant equity investment in the company. ID.me said its revenue grew by 450% from 2020 to 2024. ID.me’s identity manag…

Keep reading with a 7-day free trial

Subscribe to Potomac Tech Wire to keep reading this post and get 7 days of free access to the full post archives.