Facial recognition software provider Rank One Computing sets terms for $17 million IPO
IPO Overview
Rank One Computing, which provides AI-powered facial recognition and biometric verification software, announced terms for its IPO on Monday.
The Denver, CO-based company plans to raise $17 million by offering 3 million shares at a price range of $5 to $6. At the midpoint of the proposed range, Rank One Computing would command a market cap of $99 million.
ROC develops proprietary AI software for biometric identification, video analytics, and digital evidence analysis. Its offerings include ROC Watch for real-time and forensic video analytics; ROC SDK for multimodal algorithms; ROC ABIS for enterprise identity management; and ROC Enroll for remote identity verification. The remainder of ROC’s revenue is generated through R&D contracts. Its technology supports workloads such as large-scale biometric matching, forensic triage, access control, threat detection, and investigative analysis. The company serves US federal agencies, defense and national security organizations, state and local law enforcement, and regulated commercial sectors such as fintech, telecommunications, and critical infrastructure.
Rank One Computing was founded in 2015 and booked $16 million in revenue for the 12 months ended September 30, 2025. It plans to list on the Nasdaq under the symbol ROC. The Benchmark Company is the sole bookrunner on the deal.
About the Company
ROC is an independent American artificial intelligence company redefining the global standard for Vision AI in identity, security, and digital forensics. Our Vision AI platform delivers real-time facial recognition, multimodal biometric verification, video analytics, and AI-powered evidence analysis to mission-critical organizations across private and public sectors. ROC’s biometric algorithms are routinely ranked by National Institute of Standards and Technology （“NIST”） as among the most accurate and computationally efficient globally. Our solutions outperform legacy foreign-built systems at a fraction of the cost, with faster deployment and stronger trust. As demand for trusted AI accelerates across law enforcement, defense, and regulated commercial sectors, ROC is scaling rapidly through a growing network of integrators and multi-year deals. We are expanding from a foundation of government leadership into high-growth commercial markets such as access control, physical security, and identity verification. Our international pipeline spans the Middle East, Asia–Pacific （“APAC”）， and other strategic regions where national AI and identity investments are surging. With sovereign U.S. development, deep technical leadership, a vertically integrated platform, and proven field results, we believe ROC is positioned to become the category-defining leader in operational Vision AI.