About Humanity Protocol
Humanity Protocol is a company based in Hong Kong (China) founded in 2023.. Humanity Protocol has raised $50 million across 3 funding rounds from investors including Blockchain, Polygon and Animoca Brands. Humanity Protocol has completed 1 acquisition, including Moongate. Humanity Protocol offers products and services including Palm Scan App, Vein Scan Device, and Mainnet. Humanity Protocol operates in a competitive market with competitors including Blockpass, Litentry, Aspecta ID, idOS and LEDGIS, among others.
- Headquarter Hong Kong, China
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Sectors
Financial Services
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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
$50 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Seed
Jan 27, 2025
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Investors
Blockchain
& 13 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Humanity Protocol
Humanity Protocol offers a comprehensive portfolio of products and services, including Palm Scan App, Vein Scan Device, and Mainnet. 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.
App verifies real humans using palm biometrics for identity proof.
Device uses palm vein scans for enhanced protection and accuracy.
Network creates a large-scale Web3 identity graph for user interactions.
Funding Insights of Humanity Protocol
Humanity Protocol has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $20 million completed in January 2025. 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 3
- Last Round Seed — $20.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2025 | Amount | Seed - Humanity Protocol | Valuation | Pantera Capital , Jump Crypto |
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| May, 2024 | Amount | Seed - Humanity Protocol | Valuation | Kingsway Capital | |
| Feb, 2024 | Amount | Seed - Humanity Protocol | Valuation | Hashed , CMCC Global |
| 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 Humanity Protocol
Humanity Protocol has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Blockchain, Polygon and Animoca Brands. 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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Blockchain-focused investment funds and venture capital are provided.
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Founded Year | Domain | Location | |
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Kingsway Capital is engaged in providing investment management services.
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Founded Year | Domain | Location | |
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Venture capital fund focused on crypto-assets
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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 Humanity Protocol
Humanity Protocol has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Moongate. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Modular web3 engagement layer for real-world activations is provided.
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2022 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Humanity Protocol
| 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 |
Humanity Protocol Comparisons
Competitors of Humanity Protocol
Humanity Protocol 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 Blockpass, Litentry, Aspecta ID, idOS and LEDGIS, 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 |
KYC and AML compliance solutions
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| domain | founded_year | HQ Location |
Cross-chain identity aggregation and verification are enabled on Substrate.
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| domain | founded_year | HQ Location |
Provides infrastructure for asset valuation, trading, and governance via blockchain.
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| domain | founded_year | HQ Location |
Decentralized identity layer for web3 is provided by idOS platform.
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| domain | founded_year | HQ Location |
Decentralized web3 data platform with SSI-based blockchain services is provided.
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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 Humanity Protocol
Frequently Asked Questions about Humanity Protocol
When was Humanity Protocol founded?
Humanity Protocol was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Humanity Protocol located?
Humanity Protocol is headquartered in Hong Kong, China.
Who is the current CEO of Humanity Protocol?
Terence Kwok is the current CEO of Humanity Protocol.
Is Humanity Protocol a funded company?
Humanity Protocol is a funded company, having raised a total of $50M across 3 funding rounds to date.
What does Humanity Protocol do?
Humanity Protocol was founded in 2023 in Hong Kong, China, within the blockchain sector focused on decentralized identity solutions. A protocol is provided that enables on-chain identity verification through verifiable credentials, allowing management of digital identities with enhanced privacy and security. Operations emphasize scalability and interoperability for integration with existing systems, supporting streamlined verification across applications.
Who are the top competitors of Humanity Protocol?
What products or services does Humanity Protocol offer?
Humanity Protocol offers Palm Scan App, Vein Scan Device, and Mainnet.
How many acquisitions has Humanity Protocol made?
Humanity Protocol has made 1 acquisition, including Moongate.
Who are Humanity Protocol's investors?
Humanity Protocol has 14 investors. Key investors include Blockchain, Polygon, Animoca Brands, Shima Capital, and Pantera Capital.