When was xID founded?

xID was founded in 2012 and raised its 1st funding round 12 years after it was founded.

Where is xID located?

xID is headquartered in Chiyoda City, Japan.

How many employees does xID have?

As of Jun 30, 2026, the latest employee count at xID is 17.

Is xID a funded company?

xID is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 12, 2024.

When was the latest funding round of xID?

xID's latest funding was a $***** Series A round on May 14, 2026, with participation from 1 investor. Its primary sector is GovTech. In Japan, the GovTech sector has seen $10.8M in funding in 2026 to date.

Where does xID rank among its competitors?

xID ranks 2nd amongst 14 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was xID, which secured an undisclosed amount in May, 2026.

Who are the top competitors of xID?

xID's top competitors include Procivis, Converus and B.EST Solutions. Among them, xID secured the most recent funding round in May, 2026.

xID - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform for digital ID management. Its products are XID app which helps to create a smart card, XID API for online identity verification and electronic contracts with API, E-Sign offers electronic contract solutions.

Key Metrics

Founded Year

2012

Location

Chiyoda City, Japan

Stage

Series A

Total Funding

$4M in 2 rounds

Latest Funding Round

Series A, May 14, 2026, $*****

Investors

Sumitomo Mitsui Banking Corporation & 7 more

Ranked

2^nd among 14 active competitors

Employee Count

17 as on Jun 30, 2026

Similar Companies

Procivis & 12 more

View xID's full profile

xID has raised a total funding of $4M over 2 rounds. Its first funding round was on Dec 12, 2024. Its latest funding round was a Series A round on May 14, 2026 for $*****. 1 investor participated in its latest round. xID has 8 institutional investors.

Here is the list of recent funding rounds of xID:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 14, 2026	5201062	Series A	4518342	1132352	2137680	4492010
Dec 12, 2024	3445312	Series A	4114155	3902738	5244909	Resona Capital & 5 more

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View details of xID's funding rounds and investors

The founders of xID is Nagasawa grass.

Here are the details of xID's key team members:

Nagasawa grass: Co-Founder of xID.

View details of xID's Founder profiles and Board Members

xID's employee count trend

xID has 17 employees as of Jun 26. Here is xID's employee count trend over the years:

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Top competitors of xID include Procivis, Converus and B.EST Solutions. Here is the list of Top 10 competitors of xID, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Procivis 2016, Zurich (Switzerland), Acquired	Developer of technology for digital identity, credentials, and wallets	$300K	Orell Fussli, Fyrfly Venture Partners	55/100
2nd	xID 2012, Chiyoda City (Japan), Series A	Online platform for digital ID management	$4M	Sumitomo Mitsui Banking Corporation, DG Incubation ... & 6 others	51/100
3rd	Converus 2013, Lehi (United States), Series B	Biometrics-based identity verification and lie detection solution	$12.6M	Kickstart Seed Fund, Album VC & 7 others	50/100
4th	B.EST Solutions 2008, Tallinn (Estonia), Public	Platform ID management solutions for govt authorities	-	-	28/100
5th	NIMC Mobile 2020, Abuja (Nigeria), Unfunded	Mobile-based application for personal identity management	-	-	24/100
6th	Nivaasee 2022, Ahmedabad (India), Unfunded	Provider of a digital identity platform focused on user-managed credentials	-	-	24/100
7th	Il Medici 2016, Dover (United States), Unfunded	Developer of digital wallet for identification, credentials, and official procedures	-	-	18/100
8th	Eelis 2020, Tallinn (Estonia), Unfunded	Provider of secure document and identity management systems and virtual cards	-	-	17/100
9th	Tethys e-ID 2019, Toronto (Canada), Unfunded	Mobile-based application for digital ID management	-	-	15/100
10th	Z Login 2002, Lelystad (Netherlands), Unfunded	Provider of eHerkenning digital authentication for businesses and organizations	-	-	15/100