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Authena - About the company

Authena is a seed company based in Zug (Switzerland), founded in 2018 by Matteo Panzavolta. It operates as a Provider of authentication and counterfeit solution for businesses. Authena has raised $2.49M in funding from Ecliptic Capital. The company has 61 active competitors, including 14 funded and 4 that have exited. Its top competitors include companies like ScanTrust, Digimarc and Arianee.

Company Details

Provider of authentication and counterfeit solution for businesses. It's a blockchain & IoT-based platform that helps premium producers to protect their products against counterfeiting and fraud. It uses NFC technology allows to track the journey of the products from the producer’s factory to the store. The company offers mobile applications for Android and IOS devices. The customers can scan the QR-code to authenticate genuine products, verify product integrity, and also allows to learn about the characteristics of the purchases.
Website
authena.io
Social
XFacebook
Email ID
*****@authena.io
Phone Number
+41 **********
Key Metrics
Founded Year
2018
Location
Stage
Seed
Total Funding
$2.49M in 3 rounds
Ranked
Employee Count
10 as on Jul 01, 2024
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Authena's funding and investors

Authena has raised a total funding of $2.49M over 3 rounds. Its first funding round was on Apr 03, 2019. Authena has 5 institutional investors.

Here is the list of recent funding rounds of Authena:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 09, 2023
3552712
Grant (prize money)
4300046
4891914
9443475
1339466
Sep 23, 2021
3906294
Seed
2727238
8727628
2872032
7979779
Apr 03, 2019
5411762
Grant (prize money)
2168842
2332693
9265788
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Authena's founders and board of directors

Founder? Claim Profile
The founders of Authena is Matteo Panzavolta. Matteo Panzavolta is the CEO of Authena.
Here are the details of Authena's key team members:

Authena's employee count trend

Authena has 10 employees as of Jul 24. Here is Authena's employee count trend over the years:
Employee count trend for Authena
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Authena's Competitors and alternates

Top competitors of Authena include ScanTrust, Digimarc and Arianee. Here is the list of Top 10 competitors of Authena, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ScanTrust
ScanTrust
2014, Beijing (China), Series A
Counterfeiting protection for retailers and brands
$5.53M
63/100
2nd
Logo for Digimarc
Digimarc
1994, Portland (United States), Public
Provider of anti-counterfeiting solution for brands and retailers
$60M
61/100
3rd
Logo for Arianee
Arianee
2018, Paris (France), Series A
Provider of a decentralized platform to manage digital ownership of fashion products
$30.6M
52/100
4th
Logo for Nexite
Nexite
2018, Tel Aviv (Israel), Series C
Provider of product authentication counterfeit labels for offline retailers
$100M
49/100
5th
Logo for TruTag Technologies
TruTag Technologies
2011, Honolulu (United States), Series D
Provider of anti-counterfeiting solutions for businesses
$64.4M
49/100
6th
Logo for Sproxil
Sproxil
2009, Cambridge (United States), Series A
Mobile technology to combat counterfeit products
$3.1M
46/100
7th
Logo for Authena
Authena
2018, Zug (Switzerland), Seed
Provider of authentication and counterfeit solution for businesses
$2.49M
45/100
8th
Logo for Acviss
Acviss
2016, Bengaluru (India), Unfunded
Provider of supply chain fraud prevention technology
-
-
38/100
9th
Logo for TECHROCK
TECHROCK
2015, Shanghai (China), Deadpooled
Provider of smart authentication solution for businesses
-
-
38/100
10th
Logo for Temera
Temera
2009, Scarperia e San Piero (Italy), Acquired
Provider of IoT solutions for the fashion, luxury, and retail industries
-
-
37/100
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Authena's Investments and acquisitions

Authena has made no investments or acquisitions yet.

Reports related to Authena

Here is the latest report on Authena's sector:

News related to Authena

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