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If you only have a few minutes to spare, here’s what investors, operators, and founders should know about Berbix (S18).
Berbix turned the hardest step in online identity proofing into developer infrastructure. Founded in 2018 by former Airbnb Trust and Safety operators Eric Levine and Steve Kirkham, it let a company capture an ID and selfie, inspect the document, detect fraud, and return a result through an API.
Berbix produced a strategic exit. Socure bought it in June 2023 for approximately $70 million in cash and stock. The deal exposed the limit of Berbix's position: document verification could be excellent and still remain one step in a buyer's larger identity, fraud, consent, and decision workflow. Socure joined the component to an identity graph and orchestration platform, then launched Predictive DocV 3.0.[1]
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Eric Levine and Steve Kirkham came to Berbix with unusually direct preparation. At Airbnb, both worked on Trust and Safety and helped build Verified ID, an early attempt to give hosts and guests confidence about who was on the other side of a transaction. Initialized Capital's Garry Tan described them as the team behind that feature when his firm led Berbix's $2.5 million seed round.[2]
The Airbnb experience supplied the product thesis. In his post-acquisition account, Levine wrote: "While we leveraged many of the best identity tools available at the time, we found that even the best left us wanting something with more reliability and better user experience."[3] Berbix would make the document check immediate, automated, and easy for a developer to add.
The founders incorporated that idea in 2018 and joined Y Combinator's Summer 2018 batch.[4] The first product owned the complete capture flow. It checked image quality while the user was still present, identified the document type, decoded machine-readable fields, compared the document with known jurisdiction formats, and flagged convincing fakes. A customer could add standard ID checks with a few lines of code, then add a selfie and liveness step when the risk justified more friction.
Cannabis became an early wedge because online and delivery businesses needed to verify age without putting a clerk in front of every customer. The product also fit car rental, financial services, marketplaces, and nonprofits distributing funds. When the pandemic pushed more formerly in-person checks online, demand rose. Steve Kirkham told TechCrunch: "The inability to conduct traditional identity checks in person has forced organizations to move online for innumerable use cases."[5]
That demand supported a $9 million Series A led by Mayfield in August 2020. Initialized, Y Combinator, and Fika Ventures also participated. Berbix planned to hire across product and sales, localize the service, and keep improving fraud detection as forged documents evolved.[5]
Berbix sold an identity-verification session. A customer created a transaction through the API and sent the end user into a hosted or embedded capture flow. The user chose an ID type, photographed the document, and could complete a selfie or liveness check. The service returned extracted fields and a verification result. The published mobile demo shows that sequence without the customer having to design its own camera or review interface.[9]
Read the complete post-mortem, the rebuild playbook, and the exact reasons Berbix is still worth studying now.