About Distributed ID
Distributed ID is a company based in Toronto (Canada) founded in 2016. It operates as a B2B. Distributed ID has raised $120 thousand across 2 funding rounds from investors including Techstars and Ripple Ventures. Distributed ID operates in a competitive market with competitors including Zeta, Prime Trust, Fispan, Flinks and AuthBridge, among others.
- Headquarter Toronto, Canada
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$120 K (USD)
in 2 rounds
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Latest Funding Round
$120 K (USD), Seed
Jun 01, 2018
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Investors
Techstars
& 1 more
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Employee Count
Not available
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Funding Insights of Distributed ID
Distributed ID has successfully raised a total of $120K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in June 2018. 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.
Investors in Distributed ID
Distributed ID has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Techstars and Ripple Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital is provided by Ripple Ventures.
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Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for Distributed ID
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Investments & Acquisitions by Distributed ID
Investment portfolio details for Distributed ID
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Financial Statements - Distributed ID
Detailed financials for Distributed ID
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Distributed Id Comparisons
Peer comparison for Distributed ID
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Competitors of Distributed ID
Distributed 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 Zeta, Prime Trust, Fispan, Flinks and AuthBridge, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment and banking solutions are provided to users and banks.
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Cloud-based AML and banking API solutions are provided for institutions.
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Banking integration platform for ERP and accounting software is provided.
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Open banking API solutions are provided for financial institutions.
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Identity verification, employee screening, and due diligence platforms are provided.
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Open banking APIs for micropayments are facilitated with low-code integration.
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Detailed competitors of Distributed ID
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Latest news on Distributed Id
Complete news archive for Distributed ID
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Frequently Asked Questions about Distributed ID
Distributed ID was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Distributed ID is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Distributed ID is a funded company, having raised a total of $120K across 2 funding rounds to date.
Distributed ID, based in Toronto, focuses on offering financial products and advice, banking, open banking, and api services. Offers an open banking API for secure sharing of payment and identity data. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Distributed ID has 2 investors. Key investors include Techstars, and Ripple Ventures.