About Hopae
Hopae is a Technology company based in New York (United States) founded in 2022 by Ace Shim and Byungjoo Kim. Decentralized identity solutions are provided for secure digital credential management. Hopae has raised $4.33 million across 3 funding rounds from investors including Korea Credit Guarantee Fund, SV INVESTMENT and Z Venture Capital. Its chief executive, as recorded, is Ace Shim. Hopae offers products and services including Hopae Identity Platform and Forgery Prevention Tool. Its focus areas include High Tech, Blockchain Infrastructure, Enablers and Security. Its legal entity is Hopae Inc. Its competitors include Evernym, Craftt and Nametag; 2 of its 3 listed competitors have raised funding.
Company details
Hopae was founded in 2022 in New York, United States, within the identity verification technology sector. Advanced solutions for digital interactions are developed, focusing on decentralized systems that enable secure handling of credentials. User control over personal data is facilitated, allowing online identity verification without centralized intermediaries. Operations center on blockchain-based technologies to enhance privacy and security in digital ecosystems.
- Total Equity Funding$4.33M (USD)
in 3 rounds
- Latest Funding Round$2.2M (USD), Debt – Conventional
Nov 2024
- InvestorsKorea Credit Guarantee Fund
& 4 more
Products & Services of Hopae
Hopae offers a comprehensive portfolio of products and services, including Hopae Identity Platform and Forgery Prevention Tool.
Provides secure web-based identity verification for digital interactions.
Tools to detect and prevent identity forgery in transactions.
Funding Insights of Hopae
Hopae has successfully raised a total of $4.33M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.2 million completed in November 2024. 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 $4.33M
- Total Rounds 3
- Last Round Debt – Conventional — $2.2M
- Investors Count 5
All 3 funding rounds of Hopae 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 |
|---|---|---|---|---|---|
| Nov 2024 | $2.2M | Debt – Conventional | – | – | |
| Oct 2024 | $4.33M | Seed | – | SV INVESTMENT | |
| Mar 2024 | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Hopae
Hopae has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Korea Credit Guarantee Fund, SV INVESTMENT and Z Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in tech startups are managed by SV Investment. | svinvest.com | Seoul, South Korea | ||
Investments are made in innovative startups by Z Venture Capital. | zvc.vc | Chiyoda City, Japan | ||
Investments are made by BonAngels in early-stage Asian tech companies. | bonangels.net | Seoul, South Korea | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
Operates as a sector-agnostic accelerator for startups. | 1976 | kodit.co.kr | Daegu, South Korea |
Investor details for Hopae
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People of Hopae
5 people are tracked at Hopae (5 in leadership).
| Name | Role | Group |
|---|---|---|
Ace Shim | Co-Founder & CEO | Leadership |
Byungjoo Kim | Co-Founder | Leadership |
Jinyoung Jun | Head Of Business & Sales | Leadership |
Junmin Kim | Head Of Trust & Devops Lead | Leadership |
Shim | Chief Executive Officer | Leadership |
Complete people profiles for Hopae
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Timeline of Hopae
3 dated milestones of Hopae across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Hopae is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $2.2M.
Competitors of Hopae
Hopae has 3 listed competitors in our database, 2 of them funded. They include Evernym, Craftt and Nametag.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| evernym.com | 2013 | Salt Lake, United States | $14.98M | A ledger-based platform for digital identity management is provided. | ||
| craftt.xyz | 2023 | New York, United States | $2M | An interoperable identity protocol is developed for the modern workforce. | ||
| getnametag.com | 2014 | Seattle, United States | Identity theft protection is delivered through a secure mobile platform. |
Detailed competitors of Hopae
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Web traffic of Hopae
The website of Hopae (hopae.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▲ 92.5% vs previous month
Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Hopae (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Related news about Hopae
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Frequently Asked Questions about Hopae
Hopae was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Hopae is headquartered in New York, United States. It is registered at New York, New York, United States.
Ace Shim is the CEO of Hopae, as recorded in our data. They have also founded this company.
Hopae is a funded company, having raised a total of $4.33M across 3 funding rounds to date.
Hopae was founded in 2022 in New York, United States, within the identity verification technology sector. Advanced solutions for digital interactions are developed, focusing on decentralized systems that enable secure handling of credentials. User control over personal data is facilitated, allowing online identity verification without centralized intermediaries. Operations center on blockchain-based technologies to enhance privacy and security in digital ecosystems.
Hopae offers Hopae Identity Platform and Forgery Prevention Tool.
Hopae has 5 investors. Key investors include Korea Credit Guarantee Fund, SV INVESTMENT, Z Venture Capital, BonAngels Venture Partners, and 500 Global.
Hopae operates through Hopae Inc..