About Procivis
Procivis is a company based in Zurich (Switzerland) founded in 2016 by Giorgio Zinetti was acquired by Orell Fussli in September 2021. It operates as a SaaS (Software-as-a-Service). Procivis has raised $300.01 thousand across 2 funding rounds from investors including Orell Fussli. Procivis offers products and services including Procivis One. Procivis operates in a competitive market with competitors including Civic Technologies, Web3Auth, SelfKey, IndyKite and Qui, among others.
- Headquarter Zurich, Switzerland
- Founders Giorgio Zinetti
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Sectors
Government & Social SectorTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Procivis Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$300.01 K (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Orell Fussli
(Sep 13, 2021)
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Products & Services of Procivis
Procivis offers a comprehensive portfolio of products and services, including Procivis One. 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.
Digital identity and credentials management technology is provided.
Funding Insights of Procivis
Procivis has successfully raised a total of $300.01K across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(05 Mar 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2020 | Amount | Seed - Procivis | Valuation | Orell Fussli |
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| Mar, 2019 | Amount | Seed - Procivis | Valuation |
investors |
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| 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 Procivis
Procivis has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Orell Fussli. 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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Orell Fussli provides comprehensive e-commerce support services.
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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 Procivis
| 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 - Procivis
| 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 |
Procivis Comparisons
Competitors of Procivis
Procivis 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 Civic Technologies, Web3Auth, SelfKey, IndyKite and Qui, 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 |
Decentralized identity verification is enabled through AI and blockchain.
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| domain | founded_year | HQ Location |
Cloud-based infrastructure is offered for decentralized applications and wallets.
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| domain | founded_year | HQ Location |
Provider of digital identity wallet management solutions
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| domain | founded_year | HQ Location |
Provider of cloud and blockchain-based security solutions for IoT and AI applications
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| domain | founded_year | HQ Location |
Offering federated identity management solutions
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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 Procivis
Frequently Asked Questions about Procivis
When was Procivis founded?
Procivis was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Procivis located?
Procivis is headquartered in Zurich, Switzerland.
Who is the current CEO of Procivis?
Andreas Freitag is the current CEO of Procivis.
Is Procivis a funded company?
Procivis is a funded company, having raised a total of $300.01K across 2 funding rounds to date. The company's 1st funding round was a Seed of $300.01K, raised on Mar 05, 2019.
What does Procivis do?
Digital identity and credentials management solutions are provided by Procivis. The company focuses on modular, open-source technology compliant with eIDAS 2.0, Swiss E-ID, and mDL standards. Various industries and use cases are supported through enterprise-grade, production-ready systems. Efficiency and innovation in digital processes are enabled, addressing regulatory requirements for governments and enterprises. The full lifecycle of digital identities, from issuance to verification, is covered by their flagship product, Procivis One.
Who are the top competitors of Procivis?
Procivis's top competitors include Civic Technologies, Web3Auth and SelfKey.
What products or services does Procivis offer?
Procivis offers Procivis One.
Who are Procivis's investors?
Procivis has 1 investor. Key investors include Orell Fussli.