NuID

Trustless Authentication for Decentralized Identity.

General Information
Company Name
NuID
Founded Year
2017
Location (Offices)
New York, United States +1
Founders / Decision Makers
Number of Employees
3
Industries
Analytics, Blockchain, Cyber Security +1
Funding Stage
Seed
Social Media

NuID - Company Profile

NuID, founded in 2017 and based in the United States, is a trailblazer in trustless authentication and decentralized digital identity. The company's slogan "Trustless Authentication for Decentralized Identity" encapsulates its mission to revolutionize digital security. NuID utilizes zero knowledge cryptography to eliminate the need for businesses to store passwords and authentication credentials, aiming to end mass credential breaches by empowering individuals to own their data. The last significant investment for NuID was a $2.50M Seed Round led by K50 Ventures, 8VC, and Jemison Investment Company on 13 December 2018. NuID operates in the intersection of Blockchain and Cyber Security, offering a unified protocol for strong authentication that supports various methods including passwords, tokens, and biometrics. The company's innovative approach has the potential to significantly reduce security risks and enhance user experience in the digital realm, attracting attention from investors and stakeholders. Follow NuID on Twitter @_NuID for the latest developments in the future of digital authentication.

Taxonomy: Trustless Authentication, Decentralized Identity, Zero Knowledge Cryptography, Blockchain Technology, Data Ownership, Strong Authentication, Biometrics, Digital Identity, Security Risks, Credential Breaches, Privacy, Distributed Ledger

Funding Rounds & Investors of NuID (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $2.50M 3 Jemison Investment Company 13 Dec 2018
Convertible Note $1.64M 2 Jemison Investment Company 03 May 2017

Latest News of NuID

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No recent news or press coverage available for NuID.

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