About Dust Identity
Dust Identity is a company based in Newton (United States) founded in 2018.. Dust Identity has raised $52.3 million across 4 funding rounds from investors including Lockheed Martin, Kleiner Perkins and HHS. The company has 28 employees as of December 31, 2023. Dust Identity offers products and services including Diamond-Dust Markers and Digital Records System. Dust Identity operates in a competitive market with competitors including Marqvision, TruTag Technologies, Nexite, Trust-Place and Entrupy, among others.
- Headquarter Newton, United States
- Employees 28 as on 31 Dec, 2023
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$52.3 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series B
Dec 05, 2023
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Investors
Lockheed Martin
& 8 more
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Employee Count
28
as on Dec 31, 2023
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Products & Services of Dust Identity
Dust Identity offers a comprehensive portfolio of products and services, including Diamond-Dust Markers and Digital Records System. 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.
Unclonable markers for authenticating physical objects against counterfeits.
Platform linking physical items to digital identities for traceability.
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Funding Insights of Dust Identity
Dust Identity has successfully raised a total of $52.3M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in December 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 4
- Last Round Series B — $40.0M
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First Round
First Round
(01 Apr 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - Dust Identity | Valuation | Castle Island Ventures | |
| Jul, 2019 | Amount | Series A - Dust Identity | Valuation | Kleiner Perkins | |
| Nov, 2018 | Amount | Seed - Dust Identity | Valuation | Kleiner Perkins |
| 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 Dust Identity
Dust Identity has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Lockheed Martin, Kleiner Perkins and HHS. 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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Venture capital fund focused on blockchain and cryptocurrency companies
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Early-stage tech investments are made across US, Europe, and Asia.
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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 Dust Identity
| 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 - Dust Identity
| 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 |
Dust Identity Comparisons
Competitors of Dust Identity
Dust Identity 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 Marqvision, TruTag Technologies, Nexite, Trust-Place and Entrupy, 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 |
Provider of counterfeiting solutions for e-commerce businesses
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| domain | founded_year | HQ Location |
Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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| domain | founded_year | HQ Location |
Provider of product authentication counterfeit labels for offline retailers
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| domain | founded_year | HQ Location |
NFC-based authentication and traceability solutions are provided for products.
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| domain | founded_year | HQ Location |
Product authentication solutions for retailers are provided via patented devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Dust Identity
Frequently Asked Questions about Dust Identity
When was Dust Identity founded?
Dust Identity was founded in 2018.
Where is Dust Identity located?
Dust Identity is headquartered in Newton, United States. It is registered at Newton, Massachusetts, United States.
Is Dust Identity a funded company?
Dust Identity is a funded company, having raised a total of $52.3M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Apr 01, 2018.
How many employees does Dust Identity have?
As of Dec 31, 2023, the latest employee count at Dust Identity is 28.
What does Dust Identity do?
Dust Identity was founded in 2018 in Newton, United States, within the security technology sector. Unclonable tags using diamond coatings are developed for hardware authentication and lifecycle tracking at the component level. Blockchain integration is employed to ensure provenance. Operations include an optical scanner and cloud infrastructure for identity verification and supply chain management.
Who are the top competitors of Dust Identity?
Dust Identity's top competitors include Marqvision, TruTag Technologies and Arianee.
What products or services does Dust Identity offer?
Dust Identity offers Diamond-Dust Markers and Digital Records System.
Who are Dust Identity's investors?
Dust Identity has 9 investors. Key investors include Lockheed Martin, Kleiner Perkins, HHS, Castle Island Ventures, and Airbus Ventures.
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