Verida logo — Verida is a network of personal data owned and controlled by...

Verida

Verida is a network of personal data owned and controlled by users. Leverage the Verida web3 toolkit to get building.

Founded 2021 Australia Australia 33 employees Seed Total: $8.00M

General Information

Company Name Verida
Founded Year 2021
Location Australia Australia +3
Employees 33
Funding Stage Seed
Social

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About Verida

Verida is a promising player in the emerging field of decentralized identity and data ownership, transforming how individuals control their personal information. Established in 2021 and headquartered in Australia, the company is rapidly gaining momentum in the tech landscape.

Verida offers a unique proposition through its multi-chain protocol that enables interoperable database storage and messaging. With its web3 toolkit, Verida aims to empower developers to build decentralized applications where users retain ownership of their data. This forward-thinking approach taps into the growing demand for data privacy and decentralized solutions.

The company recently secured a $5.00M Seed investment in June 2024, supported by a diverse group of investors including Bison Capital, HASH CIB, Amesten Capital, O-DE Capital Partners, Evan Cheng, Gate Labs, ChaiTech Ventures, and Simurg Labs. This infusion of capital will likely accelerate Verida’s product development and market reach, offering attractive opportunities for future scalability and innovation.

Taxonomy: decentralized identity, personal data control, web3 toolkit, interoperable database storage, decentralized messaging, self-sovereign identity, secure wallet infrastructure, crypto asset management, verifiable credentials, encrypted data storage, blockchain technology, Ethereum integration, decentralization, data empowerment

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed •••••• 8
Investor Investor Investor Investor
•••• ••••
01 Jun 2024
Seed •••••• 5
Investor
•••• ••••
01 Jun 2021

Verida Alternatives & Competitors

Verida vs
VerifyUnion
VerifyUnion New Zealand

Acquired by TradeWindow

Series Unknown
2 employees
IT
Verida vs
Proov
Proov Turkey

Providing secure and decentralized identity solutions using blockchain technology.

Blockchain
Verida vs
Soully Protocol
Soully Protocol United States

Building on-chain Influence

Seed
2 employees
Blockchain, Web3
Also compare with: Verida vs 3Box Labs 3Box Labs

FAQ About Verida

Verida is a network of personal data owned and controlled by users. Leverage the Verida web3 toolkit to get building.
Verida was founded in 2021.
Verida is headquartered in Australia.
Verida has approximately 33 employees.
Verida has completed 2 funding rounds, raising a total of $8.00M. The latest funding stage is Seed.
Top alternatives and competitors to Verida include VerifyUnion, Proov, Soully Protocol, 3Box Labs, Authenteq. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Verida and VerifyUnion 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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