Fundraising Fox

Aimbrain

AcquiredEntrepreneur First '14

London, GB Β· Founded 2014 Β· 7 known investors

aimbrain.com β†—

AimBrain offered Biometric Identity as-a-Service to banks and other financial institutions, combining voice, facial, and behavioral biometrics with cloud-based authentication for identity verification and fraud reduction. The company originated and holds a patent on "step-up authentication," a term later adopted across the industry. BioCatch acquired AimBrain in 2020.

Also known as AimBrain Β· AimBrain Ltd

CybersecurityEnterprise Software

Founders & leadership

Aimbrain was founded in 2014 by Andrius Sutas and Alesis Novik.

ASAndrius Sutas
Andrius SutasinCo-Founder & CEO (acquired by BioCatch)2014–2020
AN
Alesis NovikinCo-founder2014–2020

Investors Β· 7

Also in the syndicate Β· 5

BGF VenturesleadCharles SonghurstChris MairsEpisode 1Simon Rozas

Company profile

researched Aug 2026

AimBrain was a London-based provider of cloud-based, multimodal biometric identity authentication, marketed as Biometric Identity as-a-Service (BIDaaS). The platform combined passive methods β€” behavioral biometrics such as typing speed, hand movement, touch pressure, swipe patterns and device handling, plus anomaly detection β€” with active biometric modalities including facial recognition, voice verification and a combined audio/lip-synchronization module designed to counter spoofing. Proprietary deep learning models built increasingly accurate user profiles over time, authenticating the user rather than the device and operating across web, mobile, call-centre and in-branch or ATM channels.

A central design principle was step-up/step-down authentication: low-risk interactions were handled by passive behavioral monitoring with no user action, while elevated risk scores escalated the session through additional biometric modules. This supported use cases across the digital identity lifecycle, including onboarding, login authentication, account takeover detection and transaction authorization, and was positioned against KYC, AML and PSD2 Strong Customer Authentication requirements. Integration was delivered via open-source SDKs and an API, with a free self-service dashboard, AimBrain On Demand, for developer trials.

The company was headquartered at Level 39, One Canada Square, Canary Wharf, London. It was acquired by BioCatch in February 2020 and its technology was folded into BioCatch's behavioral biometrics platform.

Founding story

Andrius Sutas and Alesis Novik met through Entrepreneur First, London's accelerator for technical founders, and started AimBrain in the same cohort that produced Magic Pony. Sources give the founding year as 2014 (Global Recognition Awards, LeadIQ) and 2015 (TechCrunch). Sutas's background included contributing to open-source projects for the European Space Agency, and he later co-authored 'The Founder Handbook'. Sutas served as CEO and Novik as CTO; both were named to a Forbes European Technology list in 2018.

Business model

AimBrain sold cloud-delivered biometric authentication as a service (BIDaaS) to enterprises, principally banks and financial institutions, integrated via open-source SDKs and an API. Customers could adopt individual biometric modules or combine them, using passive behavioral monitoring as a default layer and escalating to active facial or voice checks when risk thresholds were exceeded. A free self-service tier, AimBrain On Demand, provided up to 1,000 API calls per month as a trial-to-deployment path for developers and smaller fintechs.

Commercial revenue came from enterprise sales of cloud-based biometric authentication services consumed via API and SDKs, with a free-for-life self-service tier (up to 1,000 API calls per month) acting as an entry point ahead of paid deployment. One aggregator estimates annual revenue of roughly $612,000, and another places revenue in the $1M range; these are third-party estimates rather than company-reported figures.

Traction

Reported traction includes named clients and partners (NOW Money, Babb, Shieldpay), distribution through ForgeRock's Trust Network and the BlackBerry Marketplace, and integration of biometric authentication into nearly 100 new applications via AimBrain On Demand within roughly six months of its 2018 launch. The company raised approximately Β£4.35 million across a 2015 seed and a 2017 Series A before its 2020 acquisition by BioCatch, whose platform the sources say now protects over 500 million digital banking customers.

Latest developments

The most recent corporate development in the sources is the February 2020 acquisition by BioCatch, after which AimBrain's multimodal capabilities were integrated into BioCatch's behavioral biometrics platform and the AimBrain team joined BioCatch. One source notes AimBrain received a 2026 Global Recognition Award for its multimodal biometric authentication platform. Third-party data aggregators continue to list an AimBrain entity in London with a small headcount and estimated revenue.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

AimBrain was positioned as a specialist biometric identity as-a-service vendor serving financial institutions in the fraud detection and authentication market. Its acquirer described that market as rapidly consolidating; BioCatch was characterized as the global leader in behavioral biometrics, holding more than 40 patents with 25 pending at the time of the deal. Third-party listings place AimBrain among IT security and fraud prevention vendors alongside companies such as Jumio, SEON, buguroo and Shufti Pro, and market reports list it among mobile payment authentication and voice biometrics vendors.

Sources describe AimBrain's principal differentiators as a modular, 'plug and play' platform allowing behavioral, facial and voice authentication to be used simultaneously or granularly, and its adaptive step-up/step-down escalation model that applied friction only when risk indicators warranted it. Co-founder Andrius Sutas argued that no single biometric modality is sufficient on its own and that a platform approach is required, claiming the technology outperformed the market in testing and live production even at single-module level. The company also held patents, including one covering the use of context when collecting biometric data (for example, voice samples captured with background noise), and authenticated the user rather than relying on device trust.

Technology

The platform used proprietary deep learning to combine passive behavioral biometrics and anomaly detection with active facial, voice and audio/lip-sync modules in a unified cloud architecture. Behavioral signals captured included typing speed, hand movements, touch pressure, swipe patterns and device handling, with user profiles refined over time by machine learning to enable continuous authentication throughout a session rather than only at login. Five biometric authentication modules were listed on the ForgeRock Trust Network. Integration used open-source SDKs and a REST-style API. IP included four patents, among them a UK patent awarded in 2017 for improving biometric accuracy and a method accounting for capture context such as background noise in voice samples.

Go-to-market

AimBrain reached customers through direct enterprise sales to banks and financial institutions and through channel and technology partnerships, including MYPINPAD, InAuth, iDENprotect, ForgeRock's Trust Network, the BlackBerry Marketplace for BlackBerry Dynamics users and Contego/NorthRow. It also used a developer-led motion via the free AimBrain On Demand self-service API dashboard, and published thought-leadership whitepapers on cloud authentication and GDPR compliance.

Banks, fintech companies and other financial institutions, plus digital wallet providers, payment service providers and enterprises subject to KYC, AML and PSD2 requirements. Named clients and partners include NOW Money, Babb and Shieldpay; the free self-service tier targeted individual developers, app builders and smaller fintechs.

Geography

Headquartered in London, United Kingdom, with an address at Level 39, One Canada Square, Canary Wharf. Customer and partner deployments referenced include the UAE, where NOW Money used the technology for a mobile wallet serving migrant workers.

History

The company was founded in 2014 (TechCrunch states 2015) by Andrius Sutas and Alesis Novik, who met through the Entrepreneur First programme in London, in the same cohort as Magic Pony, which was acquired by Twitter for a reported figure of up to $150 million. AimBrain raised Β£350,000 from Episode 1 in 2015 and a Β£4 million Series A led by BGF Ventures in June 2017. Between 2016 and 2019 it announced partnerships with NOW Money, InAuth, iDENprotect, BlackBerry Dynamics, ForgeRock, MYPINPAD and Contego/NorthRow, launched its self-service platform and additional anti-spoofing modules, published whitepapers on cloud authentication and GDPR, and was awarded a UK patent in 2017. In February 2020, BioCatch acquired AimBrain's multimodal biometric authentication platform for an undisclosed cash amount; the team joined BioCatch and four AimBrain patents were added to BioCatch's portfolio.

Risks & controversies

No controversies or legal disputes are reported in the sources. Data-quality caveats exist: sources disagree on the founding year (2014 versus 2015) and on the acquisition date (February 2020 per BioCatch's press release and Biometric Update, versus April 2019 as stated in one awards write-up), and headcount, funding total and revenue figures from aggregators are estimates that conflict with one another.

Compiled by commissioned research from 6 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Applications integrated via AimBrain On DemandDec 2018100 applications
EmployeesJan 20266 people
Estimated annual revenueJan 2026$612K
Estimated revenue per employeeJan 2026$102K
Free tier API callsJan 20261,000 API calls per month
PatentsFeb 20204 patents
Total funding raisedJul 2026$5.6M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 15

launches, deals, and filings
Feb 2020
BioCatch acquires AimBrain's multi-modal biometric authentication platform

BioCatch acquired AimBrain's multimodal biometric authentication platform for an undisclosed amount of cash, with the AimBrain team joining BioCatch and AimBrain's 4 patents added to BioCatch's IP holdings. The technology was to be integrated into BioCatch's next-generation behavioral biometrics platform.

source β†—

Nov 2019
Contego/NorthRow partners with AimBrain on RemoteVerify

Contego (NorthRow) partnered with AimBrain to launch the RemoteVerify solution.

source β†—

Mar 2019
MYPINPAD partners with AimBrain on PSD2 sandbox for financial institutions

Multi-factor authentication provider MYPINPAD partnered with AimBrain to offer financial institutions a secure sandbox environment for developing PSD2-compliant app solutions using AimBrain biometrics.

source β†—

Dec 2018
AimBrain adds Babb and Shieldpay as clients

AimBrain announced Babb and Shieldpay as clients of its biometric authentication technology, and reported its self-service biometric API dashboard AimBrain On Demand was on pace to reach 100 new applications before the end of 2018.

source β†—

Dec 2018
AimBrain biometric modules added to ForgeRock Trust Network

AimBrain's five biometric authentication modules were added to the ForgeRock Trust Network, bringing visible and invisible server-side authentication and expanding support for cloud deployments.

source β†—

May 2018
Launch of free self-service identity authentication platform for developers (AimBrain On Demand)

AimBrain unveiled a free-for-life self-service platform allowing entrepreneurs, app developers and technical audiences to replace PINs, passwords and codes with biometric facial and voice-based user verification in a trial-to-deployment environment.

source β†—

Apr 2018
New module combining audio, lip sync and facial authentication

AimBrain introduced an optional module combining audio and lip synchronization with facial authentication to counter spoofing technologies.

source β†—

Jan 2018
Co-founders named to Forbes European Technology list

Co-founders CEO Andrius Sutas and CTO Alesis Novik were included on the Forbes European Technology list.

source β†—

Jan 2018
Whitepaper on GDPR impact for companies using biometrics

AimBrain and law firm JAG Shaw Baker published a whitepaper examining the impact of GDPR, effective May 2018, on companies using biometrics.

source β†—

Nov 2017
AimBrain biometric authentication app available to BlackBerry Dynamics users

AimBrain's biometric authentication app became available on the BlackBerry Marketplace for BlackBerry Dynamics users.

source β†—

Nov 2017
Partnership with iDENprotect combining facial authentication and hardware-backed security

AimBrain partnered with iDENprotect to combine iDENprotect's software-based hardware-backed security technology with AimBrain's facial authentication module.

source β†—

Oct 2017
UK patent awarded for improving accuracy in biometric authentication

AimBrain was awarded a UK patent for a technical process enabling greater accuracy in biometric authentication.

source β†—

Sep 2017
Whitepaper on biometric identification as-a-service

AimBrain published a whitepaper, 'Cloud Authentication', on the benefits of moving authentication from on-device to the cloud.

source β†—

Aug 2017
InAuth and AimBrain partner on six-factor mobile authentication

InAuth and AimBrain partnered to deliver a six-factor mobile authentication solution for banks, financial institutions, digital wallet providers and payment service providers.

source β†—

Dec 2016
Partnership with NOW Money for smartphone app biometric authentication

AimBrain signed a partnership agreement with mobile wallet and remittance service NOW Money to provide biometric authentication for its smartphone app; NOW Money serves migrant workers in the UAE and used AimBrain facial and behavioral authentication to eliminate passwords.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Companies House Β· registry record

View on Companies House β†—
Registered name
AIMBRAIN LTD
Company number
SC479012
Status
Dissolved
Company type
Private limited company
Incorporated
2 Jun 2014
Dissolved
11 Sept 2015
Registered office
34/4 34/4 Parkside Terrace, Edinburgh, EH16 5XP

Current officers

  • Alesis Novik β€” director, appointed 2 Jun 2014
  • Andrius Sutas β€” director, appointed 2 Jun 2014

Source: Companies House public register Β· retrieved 21 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

β–ΈResearch sources Β· 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Aimbrain do?
London-based cloud biometric identity-as-a-service platform for financial institutions, acquired by BioCatch in February 2020.
Who founded Aimbrain?
Aimbrain was founded by Andrius Sutas, Alesis Novik in 2014.
Who are Aimbrain's investors?
Aimbrain's investors include Entrepreneur First, Episode1.
Where is Aimbrain headquartered?
Aimbrain is headquartered in London, GB.