About cheqd
cheqd is a company based in London (United Kingdom) founded in 2021 by Fraser Edwards and Ankur Banerjee.. cheqd has raised $2.6 million across 1 funding round from investors including Evernym, Outlier Ventures and TitanBlock. cheqd offers products and services including cheqd Studio, Creds, and cheqd Network. cheqd operates in a competitive market with competitors including Evernym, Craftt, Hopae, Nametag and Verida, among others.
- Headquarter London, United Kingdom
- Founders Fraser Edwards, Ankur Banerjee
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cheqd Labs Limited
- Date of Incorporation 20 Apr, 2021
- Jurisdiction ILFORD, ESSEX, UNITED KINGDOM
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.6 M (USD)
in 1 rounds
-
Latest Funding Round
$2.6 M (USD), Seed
Sep 23, 2021
-
Investors
Evernym
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of cheqd
cheqd offers a comprehensive portfolio of products and services, including cheqd Studio, Creds, and cheqd Network. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides tools for DIDs, Trust Registries, and payments in identity ecosystems.
Platform for issuing verifiable credentials and building reputation systems.
Enables DID and payment capabilities for digital trust applications.
Unlock access to complete
Funding Insights of cheqd
cheqd has successfully raised a total of $2.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.6 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.6M
-
First Round
First Round
(23 Sep 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - cheqd | Valuation | Outlier Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in cheqd
cheqd has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Evernym, Outlier Ventures and TitanBlock. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Web3 startups are accelerated and supported by Outlier Ventures.
|
Founded Year | Domain | Location | |
|
A ledger-based platform for digital identity management is provided.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by cheqd
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - cheqd
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cheqd Comparisons
Competitors of cheqd
cheqd operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Evernym, Craftt, Hopae, Nametag and Verida, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A ledger-based platform for digital identity management is provided.
|
|
| domain | founded_year | HQ Location |
An interoperable identity protocol is developed for the modern workforce.
|
|
| domain | founded_year | HQ Location |
Decentralized identity solutions are provided for secure digital credential management.
|
|
| domain | founded_year | HQ Location |
Identity theft protection is delivered through a secure mobile platform.
|
|
| domain | founded_year | HQ Location |
Blockchain-based personal data security solutions are provided for user control.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cheqd
Frequently Asked Questions about cheqd
When was cheqd founded?
cheqd was founded in 2021.
Where is cheqd located?
cheqd is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of cheqd?
Fraser Edwards is the current CEO of cheqd. They have also founded this company.
Is cheqd a funded company?
cheqd is a funded company, having raised a total of $2.6M across 1 funding round to date. The company's 1st funding round was a Seed of $2.6M, raised on Sep 23, 2021.
What does cheqd do?
Provider of a platform offering self sovereign identity solutions. It is a provider of infrastructure for data markets using Self-Sovereign Identity and blockchain technologies. It offers solutions for building a secure network that enables individuals and organizations to control the personal data. It allows companies to build and deliver secure solutions to its users. It offers payment rails, infrastructure for data markets, and users to manage the data.
What products or services does cheqd offer?
cheqd offers cheqd Studio, Creds, and cheqd Network.
Who are cheqd's investors?
cheqd has 3 investors. Key investors include Evernym, Outlier Ventures, and TitanBlock.