SpruceID Analysis: $34M Raised
What is SpruceID?
SpruceID specializes in digital identity solutions, focusing on verifiable credentials for various sectors. Their approach emphasizes user control over personal data and privacy, utilizing open-source technology for secure interactions. This enables organizations to enhance security and streamline processes while ensuring user satisfaction.
HQ Country
New York City, United States
Employees
11-50
Founded
2020
Industry
Govtech, Privacy Tech
Product Features & Capabilities
- Issuing digital IDs for high assurance identity credentials
- Issuing digital passes and permits for various uses
- Verifying digital credentials in-person with secure protocols
- Verifying digital credentials online without issuer tracking
- Open-source libraries for integrating credential capabilities.
How much SpruceID raised
1: - $34 million
April 20, 2022Lead Investor: Andreessen Horowitz, Y Combinator, Okta Ventures, and others.
