About Veracity Protocol
Veracity Protocol is a company based in New York (United States) founded in 2018 by Jakub Krcmar.. Veracity Protocol offers products and services including Fingerprinting, Serialization, Authentication, Classification, and Digital Product Passport. Veracity Protocol operates in a competitive market with competitors including Clobotics, Imgix, Regula, Robovision and KERV, among others.
- Headquarter New York, United States
- Founders Jakub Krcmar
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Sectors
Industrial Goods & ManufacturingTechnology
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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 Protokol S.R.O.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Techstars
& 1 more
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Employee Count
Employee Count
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Products & Services of Veracity Protocol
Veracity Protocol offers a comprehensive portfolio of products and services, including Fingerprinting, Serialization, Authentication, Classification, and Digital Product Passport. 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.
Captures unique microstructures for product authentication and security.
Assigns non-invasive numbers for tracking and verifying products.
Confirms product genuineness using AI-based analysis.
Categorizes products through image-based identification.
Creates secure digital records for product lifecycle tracking.
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Funding Insights of Veracity Protocol
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Series A - Veracity Protocol | Valuation |
investors |
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| Feb, 2019 | Amount | Seed - Veracity Protocol | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Veracity Protocol
Veracity Protocol has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Techstars and The ORDRE Group. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Provides digital solutions like virtual showrooms and AI authentication for fashion industry.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Veracity Protocol
| 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 - Veracity Protocol
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Veracity Protocol Comparisons
Competitors of Veracity Protocol
Veracity 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 Clobotics, Imgix, Regula, Robovision and KERV, 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 |
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| domain | founded_year | HQ Location |
Drone data management and analysis solutions are provided for enterprises.
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Real-time image resizing and optimization are provided as a service.
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Provider of identity verification solutions and forensic devices
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| domain | founded_year | HQ Location |
AI-based vision solutions are provided for multi-industry automation.
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| domain | founded_year | HQ Location |
AI-based performance analytics solutions are offered for e-commerce brands.
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AI-based platform for identifying defects
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Veracity Protocol
Frequently Asked Questions about Veracity Protocol
When was Veracity Protocol founded?
Veracity Protocol was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Veracity Protocol located?
Veracity Protocol is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Veracity Protocol?
Jakub Krcmar is the current CEO of Veracity Protocol. They have also founded this company.
What does Veracity Protocol do?
Veracity Protocol provides solutions for the security of physical endpoint devices. The product offers a tamper-proofing solution that secures its authenticity, identity, and security. It uses advanced computer vision and machine learning to create a tamper-proof physical code based on an objects unique material structure without embedded tags, chips, markers, or hardware. The features of the product include anomaly detection, tamper detection, authenticity protection, etc. The clients of the company include Microsoft, NFLPA, TREUM, intel, etc.
Who are the top competitors of Veracity Protocol?
Veracity Protocol's top competitors include Robovision, KERV and Imgix.
What products or services does Veracity Protocol offer?
Veracity Protocol offers Fingerprinting, Serialization, Authentication, Classification, and Digital Product Passport.
Who are Veracity Protocol's investors?
Veracity Protocol has 2 investors. Key investors include Techstars, and The ORDRE Group.
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