Trusted Key

Seattle, United States Founded: 2016 • Age: 10 yrs Acquired By Workday
Digital identities are verified and authenticated using blockchain technology.

About Trusted Key

Trusted Key is an Industrial Goods & Manufacturing company based in Seattle (United States) founded in 2016, and was acquired by Workday in July 2019. Digital identities are verified and authenticated using blockchain technology. It operates in the Industrial Goods & Manufacturing, Financial Services, and Technology sectors. Trusted Key has raised $5.87 million across 4 funding rounds from investors including Workday, Founders' Co-op and Pithia. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Encryption. Its competitors include Dropbox, BitGo and Riskified; 3 of its 3 listed competitors have raised funding.

Company details

Trusted Key was established in 2016 in Seattle, United States. A platform for digital identity management is operated, serving consumers and organizations in the blockchain and cybersecurity sectors. Verification and authentication services are delivered through integration of blockchain, mobile devices, and cryptographic methods. Reusable digital identities are supported across various applications, with operations centered in the United States.

  • Headquarters Seattle, United States
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website trustedkey.com
  • Social LinkedIn X
  • Acquired by Workday (Jul 2019)
Key Metrics
  • Total Equity Funding
    $5.87M (USD)

    in 4 rounds

  • Investors
    Workday

    & 2 more

  • Acquired by
    Workday

    (Jul 2019)

Funding Insights of Trusted Key

Trusted Key has successfully raised a total of $5.87M across 4 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 $5.87M
  • Total Rounds 4
  • First Round $1.15M

    (Apr 2017)

  • Investors Count 2

All 4 funding rounds of Trusted Key with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2019Series A––
–
Jan 2019$1.03MSeries A––
–
May 2018$4.85MSeed–Founders' Co-op
Apr 2017$1.15MDebt – Conventional––
–
Valuation history

3 investors in total: 3 institutional.

Investors in Trusted Key

Trusted Key has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Workday, Founders' Co-op and Pithia.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Seed and early-stage tech investments are made in the US.
founderscoop.comSeattle, United States
pithia.com
Cloud-based HR and financial software is delivered to enterprises.
2005workday.comPleasanton, United States
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Investor details for Trusted Key

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Timeline of Trusted Key

4 dated milestones of Trusted Key across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Trusted Key is founded.
  2. Funding First funding round of $1.1M.
  3. Funding Latest funding round, Series A,.
  4. Exit Acquired by Workday.

Competitors of Trusted Key

Trusted Key has 3 listed competitors in our database, 3 of them funded. They include Dropbox, BitGo and Riskified.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dropbox.com2007San Francisco, United States$607.2M2,316
Cloud-based file sharing and collaboration tools are offered for enterprises.
bitgo.com2013Palo Alto, United States$170.5M166
Crypto-based custody, trading, and lending services are provided to institutions.
riskified.com2013New York, United States$232.02M781
AI-based fraud prevention for e-commerce payments is provided.
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Detailed competitors of Trusted Key

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Physical Security & Surveillance

3 companies that operate in the same segment as Trusted Key (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
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Related news about Trusted Key

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Frequently Asked Questions about Trusted Key

Trusted Key was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Trusted Key is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Trusted Key is a funded company, having raised a total of $5.87M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1.15M, raised on Apr 2017.

Trusted Key was established in 2016 in Seattle, United States. A platform for digital identity management is operated, serving consumers and organizations in the blockchain and cybersecurity sectors. Verification and authentication services are delivered through integration of blockchain, mobile devices, and cryptographic methods. Reusable digital identities are supported across various applications, with operations centered in the United States.

Trusted Key's top competitors include Dropbox, Riskified and BitGo.

Trusted Key has 3 investors. Key investors include Workday, Founders' Co-op, and Pithia.

Yes. Trusted Key was acquired by Workday in July 2019.

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