About Credence ID
Credence ID is a company based in Emeryville (United States) founded in 2012 by Bruce Hanson was acquired by Matica Fintec in December 2025. It operates as a SaaS (Software-as-a-Service). Credence ID has raised $10.6 million across 3 funding rounds from investors including Matica Fintec. Credence ID offers products and services including Biometric Authentication. Credence ID operates in a competitive market with competitors including Alcatraz AI, Vision-Box, Tascent, ZKTeco and FST Biometrics, among others.
- Headquarter Emeryville, United States
- Founders Bruce Hanson
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Credence Id, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.6 M (USD)
in 3 rounds
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Latest Funding Round
$6.2 M (USD), Series B
Mar 10, 2023
- Investors
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Employee Count
Employee Count
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Acquired by
Matica Fintec
(Dec 22, 2025)
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Products & Services of Credence ID
Credence ID offers a comprehensive portfolio of products and services, including Biometric Authentication. 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.
Biometric solutions are provided for identity verification purposes.
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Funding Insights of Credence ID
Credence ID has successfully raised a total of $10.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6.2 million completed in March 2023. 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 3
- Last Round Series B — $6.2M
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First Round
First Round
(08 Feb 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Series B - Credence ID | Valuation |
investors |
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| Jan, 2021 | Amount | Series A - Credence ID | Valuation |
investors |
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| Feb, 2020 | Amount | Seed - Credence ID | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Credence ID
Credence ID has secured backing from 1 investor. Prominent investors backing the company include Matica Fintec. 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 |
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Designs and develops secure tech solutions for banks and governments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Credence ID
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Credence ID
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Credence Id Comparisons
Competitors of Credence ID
Credence ID 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 Alcatraz AI, Vision-Box, Tascent, ZKTeco and FST Biometrics, 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 |
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| domain | founded_year | HQ Location |
AI-powered biometric systems for access control are utilized.
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| domain | founded_year | HQ Location |
Automated border control and digital identity solutions are provided.
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| domain | founded_year | HQ Location |
Multimodal biometrics-based identity and access management solutions are offered.
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| domain | founded_year | HQ Location |
Biometric readers for access control and RFID readers for time & security management
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| domain | founded_year | HQ Location |
Provides tutorials for app downloads and installations on mobile devices.
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| domain | founded_year | HQ Location |
Offers biometric devices and systems for attendance and access control in businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Credence Id
Frequently Asked Questions about Credence ID
When was Credence ID founded?
Credence ID was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Where is Credence ID located?
Credence ID is headquartered in Emeryville, United States. It is registered at Emeryville, California, United States.
Who is the current CEO of Credence ID?
Bruce Hanson is the current CEO of Credence ID. They have also founded this company.
Is Credence ID a funded company?
Credence ID is a funded company, having raised a total of $10.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Feb 08, 2020.
What does Credence ID do?
Biometric authentication and identification technologies are developed by Credence ID. Solutions are provided for secure identity verification across various sectors. Focus is placed on delivering reliable and innovative biometric systems.
Who are the top competitors of Credence ID?
Credence ID's top competitors include Alcatraz AI, ZKTeco and Vision-Box.
What products or services does Credence ID offer?
Credence ID offers Biometric Authentication.
Who are Credence ID's investors?
Credence ID has 1 investor. Key investors include Matica Fintec.
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