Startup · United States
SpruceID
HQ New York11-50 employeesUpdated
SpruceID helps governments design, integrate, and operate secure identity, verification, and data exchange systems across legacy platforms.
Funding3 rounds · $41.6M
- Equity raised
- $41.6M
- Latest
- $7.5MSeed · Nov 2, 2021
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Nov 2, 2021 | Seed | $7.5M | — | — | SV Angel | Speculative |
| Mar 22, 2021 | Pre-Seed | $125K | — | — | — | Speculative |
| 2022 | Series A | $34.0M | — | — | A. Capital Ventures, Andreessen Horowitz, Electric Capital, Ethereal Ventures, Okta Ventures, Orange DAO, Robot Ventures, SCB 10X, Y Combinator | Speculative |
- $7.5MNov 2, 2021
- Pre-SeedSpeculative$125KMar 22, 2021
- Series AWith A. Capital Ventures, Andreessen Horowitz, Electric Capital, Ethereal Ventures, Okta Ventures, Orange DAO, Robot Ventures, SCB 10X, Y CombinatorSpeculative$34.0M2022
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems6
- DIDKitArchived cross-platform toolkit for decentralized identifiers and verifiable credentials.
- isomdlRust software library for mobile document device and reader applications.
- OID4VCI for RustRust library for OpenID credential issuance clients and servers.
- openid4vpRust library implementing OpenID for Verifiable Presentations.
- SpruceKit MobileExperimental libraries for integrating digital credentials into mobile applications; not yet formally audited for production use.
- SSISoftware library for signing and verifying decentralized identity claims.
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Sources11
Show all 11 sources and supporting evidence
Profile3
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "d07dbde0-e7c8-4f59-be4a-88cf3ca40a80"}”
- 2DatabaseSpruceID company profile
Octen Business Search · Supports Organization · employee range, Organization · hq city, Organization · linkedin url
“employee_range: 11-50 (profile: 11-50 employees)”
- 3
SpruceID · Supports Organization · description, Organization · name, Organization · website
“SpruceID helps governments design, integrate, and operate secure identity, verification, and data exchange systems across legacy platforms. Trusted by public programs nationwide.”
Systems6
- 4
SpruceID · Supports System
“DIDKit provides Verifiable Credential and Decentralized Identifier functionality across different platforms. It was written primarily in Rust due to Rust's expressive type system, memory safety, simple dependency web, and suitability across different platforms including embedded systems. DIDKit embeds the [`ssi`](https://github.com/spruceid/ssi) library, which contains the core functionality.”
- 5
SpruceID · Supports System
“# isomdl [](#isomdl) [ISO/IEC DIS 18013-5](https://www.iso.org/standard/69084.html) `mDL` implementation in Rust. It is intended to be used in creating apps for devices and readers that can interact with each other to exchange `mDL` data.”
- 6CompanyGitHub - spruceid/oid4vci-rs
SpruceID · Supports System
“# OID4VCI for Rust [](#oid4vci-for-rust) This library provides a Rust implementation of [OID4VCI 1.0](https://openid.net/specs/openid-4-verifiable-credential-issuance-1_0.html).”
- 7
SpruceID · Supports System
“# OpenID for Verifiable Presentations (OID4VP) [](#openid-for-verifiable-presentations-oid4vp) [](https://crates.io/crates/openid4vp) [](https://docs.rs/openid4vp) [](https://opensource.org/licenses/MIT) Rust implementation of the OpenID for Verifiable Presentations (OID4VP) specification. This library provides a Rust implementation of [OID4VP 1.0](https://openid.net/specs/openid-4-verifiable-presentations-1_0.html).”
- 8
SpruceID · Supports System
“SpruceKit Mobile is a collection of libraries and examples for integrating verifiable credentials (VC) and mobile driver's licenses (mDL) into Android, iOS, and Flutter applications.”
- 9
SpruceID · Supports System
“The SSI library provides a simple and modular API to sign and verify claims exchanged between applications using [Decentralized Identifiers (DIDs)](https://www.w3.org/TR/did-core/). SSI is embedded in the cross-platform [`didkit`](https://github.com/spruceid/didkit) library as a core dependency.”
Funding2
- 10
bouncewatch.com · Supports Funding round · amount, Organization · ownership
“During its Series A investment round on February 28, 2022, the company raised $34.00M, with backing from notable investors like Okta Ventures, Y Combinator, Andreessen Horowitz/a16z, Electric Capital, Ethereal Ventures, Orange DAO, Robot Ventures, and SCB 10X.”
- 11
caplight.com · Supports Funding round · investors, Funding round · stage
“| [A. Capital Ventures](/investor/a-capital-ventures) | Seed, Series A |”
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