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SpruceID Analysis: $34M Raised

What is SpruceID?

SpruceID offers solutions for verifiable digital credentials, empowering users to manage their identity and personal data in digital interactions.

Employees
25
Founded
2020
Revenue
$5.3M
Company Stage
Series A
YC Batch
W21

Product Features & Capabilities

  • Credible (end-to-end solutions for verifiable digital credentials), SpruceKit (open-source libraries for integrating digital credential capabilities), Issuing Digital IDs (high assurance identity credentials), Issuing Digital Passes & Permits (digital permits and credentials), Issuing Data Supply Ch

How much SpruceID raised

1: - $34 million

April 20, 2022
Lead Investor: Andreessen Horowitz, Y Combinator, Okta Ventures, and others.

Who are the founders of SpruceID

WC
GR

Investors

  • Andreessen Horowitz (a16z)
  • Okta Ventures
  • SCB 10X
  • Robot Ventures
  • OrangeDAO
  • Ethereal Ventures
  • Electric Capital
  • Y Combinator
  • Protocol Labs

Company Pricing

  • The services are currently free.
  • SpruceID reserves the right to charge for certain or all services in the future.

Find more companies like SpruceID

in Y Combinator Batch W21 Companies

Financial Overview

$5.3MEstimated Revenue
$34MTotal Raised
1:$34 million
April 20, 2022
Investors: Andreessen Horowitz, Y Combinator, Okta Ventures, and others.
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