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Verida

Verida features a data platform, wallet, and identity services to enable users to securely manage their personal data and credentials.

Backed by

Gate LabsGate Labs
Bison CapitalBison Capital
HASH CIBHASH CIB
O-DE Capital PartnersO-DE Capital Partners
ChaiTech VenturesChaiTech Ventures
Amesten CapitalAmesten Capital
Simurg LabsSimurg Labs
Evan ChengEvan Cheng

Raised 5M SEED on June 22, 2024

About

Verida builds decentralized personal data storage and encryption infrastructure as a DePIN network developer, offering cryptographic services and scalable storage for user-controlled personal information.

Mission

Verida develops infrastructure for decentralized personal data storage and encryption as a DePIN network developer. The company focuses on providing users with decentralized storage and cryptographic protection for personal information. Verida plans to use new funding to continue development of its personal data storage infrastructure and related encryption services. The recent financing will support product development and scaling of its storage capabilities. Financially, Verida completed a seed financing reported at $5 million with a post-money valuation of $50 million. No operating metrics or past rounds were disclosed in the article.

Quick Facts

Founded

2021

Funding

SEED

Industry

Blockchain, Cloud Storage, Cryptocurrency, Data Storage, Identity Management

Team Size

1-10

Headquarters

Sydney, New South Wales, Australia

Careers

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No open roles at this time.

Check their careers page for updates