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 148 active competitors, including 22 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.
- Website
- www.privasea.ai/
- Registered Address
- ROBINSON ROAD - 068902
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
Ranked
8th among 148 active competitors
Employee Count
9 as on Jun 30, 2026
Similar Companies
Legal entities associated with Privasea
Privasea is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PRIVASEA AI PTE. LTD. CIN: 202338510K , Singapore, Active | Sep 25, 2023 | - | - |
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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 | 6695323 | Series A | 6094237 | 8562243 | 8673318 | 9236866 |
Mar 18, 2024 | 8605090 | ICO | 2484012 | 6515336 | 6345562 | 7977323 |
Mar 04, 2024 | 8864543 | Seed | 7763548 | 2279157 |
View details of Privasea's funding rounds and investors
Privasea's founders and board of directors
Founder? Claim ProfilePrivasea's employee count trend
Privasea has 9 employees as of Jun 26. Here is Privasea's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ping Identity 2002, Denver (United States), Acquired | Provider of identity security solutions for digital enterprises and organizations | $137M | 78/100 | |
2nd | Self Labs 2024, San Francisco (United States), Seed | Provider of digital identity verification using zero-knowledge cryptography for Web2/Web3 | $9M | 66/100 | |
3rd | Tools For Humanity 2019, San Francisco (United States), Series C | Developer of tools for human identity verification in the age of AI. | $194M | 62/100 | |
4th | Billions 2022, Zug (Switzerland), Seed | Provider of privacy preserving identity verification for humans and agents | $30M | 58/100 | |
5th | Civic Technologies 2016, Palo Alto (United States), Seed | AI and blockchain based decentralized identity and attribute verification solutions | $2.75M | 56/100 | |
6th | Procivis 2016, Zurich (Switzerland), Acquired | Developer of technology for digital identity, credentials, and wallets | $300K | 55/100 | |
7th | Hopae 2022, New York City (United States), Seed | Provider of advanced identity verification technology for digital interactions | $4.33M | 53/100 | |
8th | Developer of a proof-of-human technology using biometric data encryption | $15M | 51/100 | ||
9th | Cloud-based infrastructure for decentralized applications and wallets | $15M | 49/100 | ||
10th | Blockchains 2017, Sparks (United States), Funding Raised | Blockchain-based development service provider | - | 48/100 |
Looking for more details on Privasea's competitors? Click here to see the top ones
Privasea's Investments and acquisitions
Privasea has made no investments or acquisitions yet.
News related to Privasea
•
Privasea AI Secures $15M Series A Funding to Propel AI and Mainnet DevelopmentBitcoin Ethereum News•Jan 12, 2025•Privasea, Amber Group, GSR
•
Privasea Completes Series A Financing with a Valuation of US$180 Million, GSR and Others Participate in the InvestmentCoinTime•Jan 10, 2025•Privasea, , OKX, Nomura and 5 others
•
Privasea CEO touts biometric NFT tokens as secure proof of human-nessBiometricUpdate.com•Dec 19, 2024•Privasea, , Gate.io
•
Privasea Upgrades ImHuman App With New Features And Improved PerformanceBeInCrypto•Dec 19, 2024•Privasea
•
Binance Labs-backed Privasea Completes New Round of FundingCoinTime•Dec 13, 2024•, Privasea, Lunar Strategy, OKX and 1 other
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