Trinsic
Full-stack self-sovereign identity platform that makes sharing and verifying personal data online.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
* | $8.5m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Trinsic Technologies, Inc., accessible via trinsic.id, is a startup specializing in decentralized identity solutions. The company operates in the digital identity verification market, which is crucial for various industries such as finance, healthcare, and supply chain management. Trinsic's primary offering is a platform that allows individuals to prove their identity and credentials with a single tap or click, making the process seamless and secure.
Trinsic serves a diverse range of clients, including organizations looking to streamline identity verification processes and enhance security. For instance, the Bluenumber Foundation uses Trinsic to empower underserved workers and bring transparency to supply chains, while Home Lending Pal leverages the platform to improve the mortgage application process.
The business model of Trinsic revolves around providing Software as a Service (SaaS). They offer their platform to businesses that need reliable and efficient identity verification solutions. Trinsic makes money through subscription fees and possibly transaction-based fees, depending on the volume of identity verifications processed through their platform.
Trinsic is committed to open standards and technologies, ensuring their solutions are interoperable across various organizations, industries, and geographies. This focus on open standards positions Trinsic as a forward-thinking player in the decentralized identity space, partnering with leading standards and community organizations to stay at the forefront of technological advancements.
In summary, Trinsic Technologies, Inc. is a key player in the decentralized identity market, offering a platform that simplifies and secures identity verification for various industries. Their business model is based on SaaS, and they generate revenue through subscription and transaction fees.
Keywords: decentralized identity, SaaS, identity verification, open standards, digital credentials, supply chain transparency, mortgage process, Web3, interoperability, secure verification.