When was Humanity Protocol founded?

Humanity Protocol was founded in 2023 and become a unicorn in its 1st funding round in 2024.

Where is Humanity Protocol located?

Humanity Protocol is headquartered in Hong Kong, China.

How many employees does Humanity Protocol have?

As of Oct 31, 2026, the latest employee count at Humanity Protocol is 42.

Is Humanity Protocol a funded company?

Humanity Protocol is a funded company, having raised a total of $50M across 3 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on Feb 28, 2024.

How much is Humanity Protocol worth?

The latest valuation of Humanity Protocol is $1.1B as of Jan 27, 2025.

When was the latest funding round of Humanity Protocol?

Humanity Protocol's latest funding was a $20M Seed round on Jan 27, 2025, with participation from 2 investors. Its primary sector is Cryptocurrencies. In China, the Cryptocurrencies sector has seen $437M in funding in 2026 to date.

Is Humanity Protocol a Cryptocurrencies company?

The primary sector of Humanity Protocol is Cryptocurrencies.

Where does Humanity Protocol rank among its competitors?

Humanity Protocol ranks 1st amongst 37 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Humanity Protocol, which secured $20M in Jan, 2025.

Who are the top competitors of Humanity Protocol?

Humanity Protocol's top competitors include Litentry, idOS and LEDGIS. Among them, Humanity Protocol secured the most recent funding round in January, 2025.

Humanity Protocol - 2026 Company Profile, Team, Funding & Competitors

Humanity Protocol is a seed company based in Hong Kong (China), founded in 2023 by Terence Kwok. It operates as a Developer of a decentralized identity blockchain protocol. Humanity Protocol has raised $50M in funding from investors like Pantera Capital, Kingsway Capital and Cypher Capital, with a current valuation of $1.1B. The company has 37 active competitors, including 7 that are funded. Its top competitors include companies like Litentry, idOS and LEDGIS.

Sectors and market segments that Humanity Protocol operate in

Humanity Protocol serves in the FinTech, Blockchain Technology market segments.The primary business model of Humanity Protocol are:

Company Details

Developer of a decentralized identity blockchain protocol. This protocol enables on-chain identity verification, offering users enhanced control and security over their digital identities. The platform facilitates the creation and management of verifiable credentials, streamlining identity verification processes across various applications. It aims to provide a secure and transparent system for managing digital identities, improving user privacy and data control. The protocol is designed for scalability and interoperability, allowing for seamless integration with existing systems.

Website: www.humanity.org/
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Key Metrics

Founded Year

2023

Location

Hong Kong, China

Stage

Seed

Total Funding

$50M in 3 rounds

Latest Funding Round

Seed, Jan 27, 2025, $20M

Post Money Valuation

$1.1B as on Jan 27, 2025

Investors

Pantera Capital & 15 more

Ranked

1^st among 37 active competitors

Employee Count

42 as on Oct 31, 2026

Investment & Acquisitions

Everything & 1 more

Similar Companies

Litentry & 56 more

View Humanity Protocol's full profile

Humanity Protocol has raised a total funding of $50M over 3 rounds. Its first funding round was on Feb 28, 2024. Its latest funding round was a Seed round on Jan 27, 2025 for $20M. 2 investors participated in its latest round. Humanity Protocol has 14 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Humanity Protocol:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 27, 2025	$20M	Seed	$1.1B	-	Pantera Capital, Jump Crypto	-
May 15, 2024	$30M	Seed	-	-	Kingsway Capital	Animoca Brands, Blockchain, Hashed, Shima Capital, Polygon
Feb 28, 2024	Undisclosed	Seed	$1B	-	Hashed, CMCC Global, Cypher Capital, Foresight Ventures, Mechanism Capital	Sandeep Nailwal, Yat Siu

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View details of Humanity Protocol's funding rounds and investors

The founders of Humanity Protocol is Terence Kwok.

Here are the details of Humanity Protocol's key team members:

Terence Kwok: Founder of Humanity Protocol and founder of 1 other company.

View details of Humanity Protocol's Founder profiles and Board Members

Humanity Protocol's employee count trend

Humanity Protocol has 42 employees as of Oct 26. Here is Humanity Protocol's employee count trend over the years:

Employee count trend for Humanity Protocol

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Top competitors of Humanity Protocol include Litentry, idOS and LEDGIS. Here is the list of Top 10 competitors of Humanity Protocol, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Humanity Protocol 2023, Hong Kong (China), Seed	Developer of a decentralized identity blockchain protocol	$50M	Kingsway Capital, Shake and Bake Productions ... & 14 others	61/100
2nd	Litentry 2019, Berlin (Germany), Seed	Cross-chain identity aggregator built on Substrate	-	UC Berkeley, Signum Capital & 22 others	44/100
3rd	idOS 2020, Berlin (Germany), Series A	Platform offering an identity layer for web3	$4.5M	Fabric Ventures, Tezos Foundation & 8 others	38/100
4th	LEDGIS 2019, Seoul (South Korea), Funding Raised	Decentralized data platform for web3	-	-	33/100
5th	Hypermine 2017, Bengaluru (India), Seed	Platform build smart tools and protocols	$30K	Aeventures, Starfleet & 2 others	32/100
6th	FirstBatch 2021, Paris (France), Seed	Platform offering a proof-of-interest protocol	-	Signum Capital, Qnbeyond Ventures	32/100
7th	Januus 2021, London (United Kingdom), Seed	Online crypto wallet for identifying the database	-	HV Capital, Expeditions Fund & 4 others	31/100
8th	fridom 2022, Madrid (Spain), Funding Raised	Platform to streamline the user registration and KYC processes of different service providers	-	Nuclio	29/100
9th	Soulverse 2021, Dehradun (India), Unfunded	Platform to control & manage identity	-	-	28/100
10th	Starknet 2022, Jakarta (Indonesia), Funding Raised	Platform to create an ID & prove identity on-chain	-	-	26/100