About Evernym
Evernym is a company based in Salt Lake City (United States) founded in 2013 was acquired by Avast in December 2021. Evernym has raised $14.98 million across 4 funding rounds from investors including Barclays, Avast and Medici Ventures. Evernym offers products and services including Travel Pass, Digital Identity Solutions, and Cryptography Solutions. Evernym operates in a competitive market with competitors including cheqd, Craftt, Hopae, Verida and Nametag, among others.
- Headquarter Salt Lake City, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Evernym Software Private Limited
- Date of Incorporation 28 Oct, 2014
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$241.74 K (USD)0as on Mar 31, 2017
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Net Profit
$4.06 K (USD)0as on Mar 31, 2017
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EBITDA
$26.31 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$14.98 M (USD)
in 4 rounds
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Latest Funding Round
$8 M (USD), Seed
Sep 26, 2019
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Investors
Barclays
& 3 more
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Employee Count
Not available
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Acquired by
Avast
(Dec 09, 2021)
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Products & Services of Evernym
Evernym offers a comprehensive portfolio of products and services, including Travel Pass, Digital Identity Solutions, and Cryptography Solutions.
Securely manages travel information using verifiable credentials technology
Provides tools for digital identity and access control in corporate systems
Offers encryption and privacy tools for secure data governance
Funding Insights of Evernym
Evernym has successfully raised a total of $14.98M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in September 2019. 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 Evernym
Evernym has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, Avast and Medici Ventures.
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Medici Ventures is focused on advancing blockchain technology.
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Web3 startups are accelerated and supported by Outlier Ventures.
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Diversified financial services are provided across global markets.
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Investor details for Evernym
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Investments & Acquisitions by Evernym
Investment portfolio details for Evernym
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Financial Statements - Evernym
Detailed financials for Evernym
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Evernym Comparisons
Peer comparison for Evernym
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Competitors of Evernym
Evernym 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 cheqd, Craftt, Hopae, Verida and Nametag, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of a platform offering self sovereign identity solutions
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An interoperable identity protocol is developed for the modern workforce.
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Decentralized identity solutions are provided for secure digital credential management.
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Blockchain-based personal data security solutions are provided for user control.
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Identity theft protection is delivered through a secure mobile platform.
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Detailed competitors of Evernym
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Latest news on Evernym
Complete news archive for Evernym
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Frequently Asked Questions about Evernym
Evernym was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Evernym is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Evernym is a funded company, having raised a total of $14.98M across 4 funding rounds to date.
Annual revenue of Evernym is $241.74K as on Mar 31, 2017.
Evernym was founded in 2013 in Salt Lake City, United States, within the identity and access management sector. A ledger-based platform is operated to enable privacy protection by storing accounts, usernames, and passwords. Digital identity solutions are delivered for user access and authentication management, incorporating multi-factor authentication, single sign-on, and related technologies across operations.
Evernym offers Travel Pass, Digital Identity Solutions, and Cryptography Solutions.
Evernym has 4 investors. Key investors include Barclays, Avast, Medici Ventures, and Outlier Ventures.