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NuID logo — Trustless Authentication for Decentralized Identity.

NuID

Trustless Authentication for Decentralized Identity.

Founded 2017 United States New York, United States 3 employees Seed Total: $4.14M Analytics, Blockchain +2

General Information

Company Name NuID
Founded Year 2017
Location United States New York, United States
Employees 3
Industries Analytics, Blockchain, Cyber Security +1
Funding Stage Seed
Social

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About NuID

NuID, founded in 2017 and based in the United States, is a trailblazer in trustless authentication and decentralized digital identity. The company's slogan "Trustless Authentication for Decentralized Identity" encapsulates its mission to revolutionize digital security. NuID utilizes zero knowledge cryptography to eliminate the need for businesses to store passwords and authentication credentials, aiming to end mass credential breaches by empowering individuals to own their data. The last significant investment for NuID was a $2.50M Seed Round led by K50 Ventures, 8VC, and Jemison Investment Company on 13 December 2018. NuID operates in the intersection of Blockchain and Cyber Security, offering a unified protocol for strong authentication that supports various methods including passwords, tokens, and biometrics. The company's innovative approach has the potential to significantly reduce security risks and enhance user experience in the digital realm, attracting attention from investors and stakeholders. Follow NuID on Twitter @_NuID for the latest developments in the future of digital authentication.

Business keywords: Trustless Authentication, Decentralized Identity, Zero Knowledge Cryptography, Blockchain Technology, Data Ownership, Strong Authentication, Biometrics, Digital Identity, Security Risks, Credential Breaches, Privacy, Distributed Ledger

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $2.50M 3
K50 Ventures 8VC
K50 Ventures, 8VC +1
13 Dec 2018
Convertible Note $1.64M 2
8VC
8VC, Jemison Investment Company
03 May 2017

NuID Alternatives & Competitors

View All Alternatives
NuID vs
Authomate
Authomate

Enhance security effortlessly by transferring authentication from human memory to your smartphone, c...

Seed
2-10 employees
Analytics, Cloud Infrastructure
NuID vs
YPTOKEY (acquired by ELATEC)
YPTOKEY (acquired by ELATEC) Germany

Anonymous mobile access control provider with blockchain technology and hardware independence. Partn...

Seed
1 employees
Blockchain, Information Technology
NuID vs
1Kosmos
1Kosmos United States

Truly Know Who's Behind the Device - Confidently Phase Out Passwords

Venture round
99 employees
Analytics, Cyber Security
Compare NuID vs 1Kosmos
Also compare with: NuID vs Keyless (part of Ping Identity) Keyless (part of Ping Identity) View all alternatives

FAQ About NuID

Trustless Authentication for Decentralized Identity.
NuID was founded in 2017.
NuID is headquartered in New York, United States.
NuID operates in Analytics, Blockchain, Cyber Security and Privacy and Security. Its work centres on Trustless Authentication, Decentralized Identity, Zero Knowledge Cryptography and Blockchain Technology.
NuID has approximately 3 employees.
NuID has completed 2 funding rounds, raising a total of $4.14M. The latest funding stage is Seed.
Top alternatives and competitors to NuID include Authomate, YPTOKEY (acquired by ELATEC), 1Kosmos, Sedicii, Applied Blockchain. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NuID and Authomate are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NuID, https://bouncewatch.com/company/nuid, updated 27 October 2024. When citing, please name BounceWatch and link this page.

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