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
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website credenceid.com
- Social LinkedIn Facebook
- Acquired by Matica Fintec (Dec 2025)
- Legal Name Credence Id, Llc
- Total Equity Funding$10.6M (USD)
in 3 rounds
- Latest Funding Round$6.2M (USD), Series B
Mar 2023
- Investors
- Acquired byMatica Fintec
(Dec 2025)
Products & Services of Credence ID
Credence ID offers a comprehensive portfolio of products and services, including Biometric Authentication.
Biometric solutions are provided for identity verification purposes.
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 $10.6M
- Total Rounds 3
- Last Round Series B — $6.2M
- First Round $800,000
(Feb 2020)
All 3 funding rounds of Credence ID with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $6.2M | Series B | – | – | – |
| Jan 2021 | $3.6M | Series A | – | – | – |
| Feb 2020 | $800,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Credence ID
Credence ID has secured backing from 1 investor. Prominent investors backing the company include Matica Fintec.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Designs and develops secure tech solutions for banks and governments. | 2019 | maticafintec.com | Vimodrone, Italy |
Investor details for Credence ID
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Credence ID
8 people are tracked at Credence ID (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Bruce Hanson | Co-Founder & CEO | Leadership |
Kai Aiello | Director, Hardware Development | Leadership |
Yash Shah | CTO | Leadership |
Vijeth Aralaguppi | Head Of Engineering, India, Credence ID | Leadership |
Ravi M. | Vice President Of Products | Leadership |
Benoist Laforge | Director Of Software Engineering | Leadership |
Pete Sutherland | Engineering Services | Team |
Suman Kumar | Systems Engineer | Team |
Complete people profiles for Credence ID
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Credence ID
4 dated milestones of Credence ID across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Credence ID is founded.
- Funding First funding round of $800K.
- Funding Latest funding round, Series B, of $6.2M.
- Exit Acquired by Matica Fintec.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alcatraz.ai | 2016 | Palo Alto, United States | $51.12M | 21 | AI-powered biometric systems for access control are utilized. | |
| vision-box.com | 2001 | Carnaxide, Portugal | – | – | Automated border control and digital identity solutions are provided. | |
| tascent.com | 2015 | Los Gatos, United States | $37.75M | 14 | Multimodal biometrics-based identity and access management solutions are offered. | |
| zkteco.com | 1985 | Shenzhen, China | – | – | Biometric readers for access control and RFID readers for time & security management | |
| fstbm.com | 2007 | Rishon Lezion, Israel | $20M | – | Provides tutorials for app downloads and installations on mobile devices. | |
| spectra-vision.com | 1999 | Ahmedabad, India | – | – | Offers biometric devices and systems for attendance and access control in businesses. | |
| almas-industries.com | 2004 | London, United Kingdom | – | 29 | Fingerprint biometric-based access control and time & attendance solution | |
| dessmannlock.com | 2008 | Hangzhou, China | – | – | Smart door locks and security solutions for homes and businesses |
Detailed competitors of Credence ID
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Credence ID
The website of Credence ID (credenceid.com) receives about 3K visits a month.
- Monthly visits3K
▼ 30.4% vs previous month
Latest news on Credence Id
Complete news archive for Credence ID
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Credence ID
10 companies that operate in the same segment as Credence ID (Physical Security & Surveillance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Family and friends are connected through location-sharing mobile app. | 2008 | San Francisco, California, United States | USD 89.74 M | USD 489.48 M | 569 | |
Wireless home security systems are offered with cellular monitoring. | 2006 | Boston, Massachusetts, United States | USD 387 M | – | – | |
Enterprise video surveillance systems and platforms are developed. | 2016 | San Mateo, California, United States | USD 656.64 M | – | – | |
Wireless smart home security cameras and doorbells are provided. | 2009 | Boston, Massachusetts, United States | USD 40.07 M | – | – | |
Locations are identified and shared via unique three-word addresses. | 2013 | London, England, United Kingdom | USD 231.46 M | – | – | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
A personal safety network is provided for community protection. | 2017 | New York, New York, United States | USD 143.72 M | – | – |
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Frequently Asked Questions about Credence ID
Credence ID was founded in 2012 and raised its 1st funding round 8 years after it was founded.
Credence ID is headquartered in Emeryville, United States. It is registered at Emeryville, California, United States.
Bruce Hanson is the current CEO of Credence ID. They have also founded this 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 2020.
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.
Credence ID's top competitors include Alcatraz AI, ZKTeco and Vision-Box.
Credence ID offers Biometric Authentication.
Credence ID has 1 investor. Key investors include Matica Fintec.
Credence ID operates through Credence Id, Llc.
Yes. Credence ID was acquired by Matica Fintec in December 2025.