SpruceID logo — Reimagining Trusted Interactions

SpruceID

Reimagining Trusted Interactions

Founded 2020 United States New York, United States 28 employees Series A Total: $41.65M Analytics, Blockchain +2

General Information

Company Name SpruceID
Founded Year 2020
Location United States New York, United States +1
Employees 28
Industries Analytics, Blockchain, Crypto +1
Funding Stage Series A
Social

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About SpruceID

SpruceID, founded in 2020, is at the forefront of reshaping digital trust through its innovative solutions. With the slogan "Reimagining Trusted Interactions," this startup is committed to creating a future where users have control over their identity and data, ensuring they are secure across all digital platforms.

The company’s offerings align with key industries such as Analytics, Blockchain, Crypto, and Enterprise Software. Their open-source credentialing infrastructure stands out for being standards-compliant, ready for production, and easily integrated into typical enterprise and government IT systems.

Headquartered in the United States, SpruceID has successfully drawn attention from top venture capital firms. During its Series A investment round on February 28, 2022, the company raised $34.00M, with backing from notable investors like Okta Ventures, Y Combinator, Andreessen Horowitz/a16z, Electric Capital, Ethereal Ventures, Orange DAO, Robot Ventures, and SCB 10X.

This formidable support underscores the startup's potential in transforming digital transactions and identity management. For investors in venture capital, SpruceID represents an opportunity to enter the dynamic intersection of technology and trust.

Taxonomy: Digital Identity, Data Ownership, Credentialing Infrastructure, Open-Source Solutions, Standards Compliance, Enterprise IT Systems, Government IT Integration, User-Controlled Data, Digital Interactions Management, Identity Verification, Tech Infrastructure Development, Decentralized Identity, Identity Management Solutions

Services & Products

Issuing Digital IDs
Issuing Digital Passes & Permits
Issuing Data Supply Chain Credentials
In-Person Verification
Online Verification
Identity Wallets

Target Customers

Government Healthcare Financial Services Education Marketplaces Web3 Platforms

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 8
Investor Investor Investor Investor Investor Investor Investor Investor
28 Feb 2022
Seed Round •••••• 2
Investor
•••• ••••
02 Nov 2021
Pre Seed Round •••••• - 22 Mar 2021
Pre Seed Round •••••• - 13 Jun 2016

SpruceID Alternatives & Competitors

SpruceID vs
Global Data Spaces
Global Data Spaces United States

Providing solutions to modern technological problems using Blockchain and Web3 tools.

3 employees
Blockchain
SpruceID vs
OnData, Inc.
OnData, Inc. United States

Taking your data to the next level of security and privacy!

5 employees
Cyber Security, Data Analytics
SpruceID vs

The best way to connect, manage, & share data. ThinkData Works helps unlock the value of data to gro...

Debt Financing
18 employees
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FAQ About SpruceID

Reimagining Trusted Interactions
SpruceID was founded in 2020.
SpruceID is headquartered in New York, United States.
SpruceID operates in the following industries: Analytics, Blockchain, Crypto, Enterprise Software.
SpruceID has approximately 28 employees.
SpruceID has completed 4 funding rounds, raising a total of $41.65M. The latest funding stage is Series A.
SpruceID offers: Issuing Digital IDs, Issuing Digital Passes & Permits, Issuing Data Supply Chain Credentials, In-Person Verification, Online Verification, Identity Wallets.
Top alternatives and competitors to SpruceID include Global Data Spaces, OnData, Inc., ThinkData Works, KDQ, DataSpark. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SpruceID and Global Data Spaces 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.

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