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Privasea - About the company

Privasea is a series A company based in Gothenburg (Sweden). It operates as a Developer of a proof-of-human technology using biometric data encryption. Privasea has raised $15M in funding from investors like GSR, Gate Labs and Binance Labs, with a current valuation of $*****. The company has 247 active competitors, including 27 funded and 4 that have exited. Its top competitors include companies like Ping Identity, Self Labs and Tools For Humanity.

Company Details

Developer of a proof-of-human technology using biometric data encryption. It offers tools to validate human likeness through facial biometrics, generating unique NFTs. The technology secures presence on web platforms without compromising personal details. It allows users to confirm authenticity as real people, without disclosing personal information.
Key Metrics
Location
Gothenburg, Sweden
Stage
Series A
Total Funding
$15M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 10, 2025
Investors
Ranked
Employee Count
9 as on Sep 30, 2026
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Privasea's funding and investors

Privasea has raised a total funding of $15M over 3 rounds. Its first funding round was on Mar 04, 2024. Its latest funding round was a Series A round on Dec 13, 2024 for $*****. 8 investors participated in its latest round. Privasea has 14 institutional investors.

Here is the list of recent funding rounds of Privasea:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 13, 2024
6573032
Series A
5448479
1267336
3955088
8612704
Mar 18, 2024
8069704
ICO
5124142
4739628
8941785
5643620
Mar 04, 2024
9025689
Seed
9474694
1982816
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Privasea's founders and board of directors

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Privasea's employee count trend

Privasea has 9 employees as of Sep 26. Here is Privasea's employee count trend over the years:
Employee count trend for Privasea
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Privasea's Competitors and alternates

Top competitors of Privasea include Ping Identity, Self Labs and Tools For Humanity. Here is the list of Top 10 competitors of Privasea, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ping Identity
Ping Identity
2002, Denver (United States), Acquired
Provider of identity security solutions for digital enterprises and organizations
$136M
80/100
2nd
Logo for Self Labs
Self Labs
2024, San Francisco (United States), Seed
Provider of digital identity verification using zero-knowledge cryptography for Web2/Web3
$9M
67/100
3rd
Logo for Tools For Humanity
Tools For Humanity
2019, San Francisco (United States), Series C
Developer of tools for human identity verification in the age of AI.
$194M
64/100
4th
Logo for Billions
Billions
2022, Zug (Switzerland), Seed
Provider of privacy preserving identity verification for humans and agents
$30M
64/100
5th
Logo for Procivis
Procivis
2016, Zurich (Switzerland), Acquired
Developer of technology for digital identity, credentials, and wallets
$300K
56/100
6th
Logo for Hopae
Hopae
2022, New York City (United States), Seed
Provider of advanced identity verification technology for digital interactions
$4.33M
53/100
7th
Logo for Civic Technologies
Civic Technologies
2016, Palo Alto (United States), Seed
AI and blockchain based decentralized identity and attribute verification solutions
$2.75M
53/100
8th
Logo for Privasea
Privasea
Gothenburg (Sweden), Series A
Developer of a proof-of-human technology using biometric data encryption
$15M
50/100
9th
Logo for Web3Auth
Web3Auth
2018, Singapore (Singapore), Acquired
Cloud-based infrastructure for decentralized applications and wallets
$15M
47/100
10th
Logo for SelfKey
SelfKey
2012, Ebene City (Mauritius), Funding Raised
Provider of digital identity wallet management solutions
-
46/100
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Privasea's Investments and acquisitions

Privasea has made no investments or acquisitions yet.

News related to Privasea

•
OKX Ventures Invests in Privasea to Revolutionize DataCryptonews•Apr 16, 2024•Privasea, OKX
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