Self Acquires Loam to Build the Identity Layer for the Internet [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
SAN FRANCISCO, April 09, 2026 BUSINESS WIRE Self Labs the company behind proof-of-human and identity verification solutions serving over 14 million global users, today announced its acquisition of Loam , an AI company specialized in agentic workflows and intelligent automation, founded by Birju Shah, serial founder and Uber's former Head of AI. Founded in 2022 and backed by Slow Ventures (Slack, Robinhood), Accomplice (WHOOP, DraftKings), and Packy McCormick of Not Boring Capital (Ramp, Scale AI) a.o., Loam has built a strong foundation in agentic systems design. Shah joins Self as Chief Operating Officer. Self was founded on the principle that identity is a defining layer of the internet's next era. Its suite of privacy-preserving verification tools enables platforms to confirm that users are real, human, and eligible, without collecting or storing sensitive personal data. Today, Self's infrastructure powers proof-of-humanity, age verification, and phone-number mapping for some of
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