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Zyphe raises new funding to accelerate growth of its privacy-first, decentralized ID verification platform, led by Altitude Ventures, Azimut Group, and others.

Jul 17, 20254 days ago
San FranciscoInformation TechnologySoftware

Investors

Global Angel InvestorsRoi VenturesEverywhere VenturesAzimut GroupAltitude Ventures

Description

Zyphe announced the completion of a new funding round to scale its privacy-first, decentralized ID verification platform. This capital will support their growth and help address data exposure risks during digital onboarding. Investors include Altitude Ventures, Azimut Group, Everywhere Ventures, ROI Ventures, and global angel investors. The company aims to combat the challenges posed by data breaches in the digital landscape.

Company Information

Company

Zyphe

Location

San Francisco, California, United States

About

Zyphe is a leader in privacy-first, decentralized identity verification and compliant data processing. The company was established to fundamentally rethink how sensitive personal information is handled during digital onboarding processes. Zyphe provides a platform that allows users to manage their digital identities through encrypted, decentralized identity wallets, ensuring that personally identifiable information is never stored on company servers. It delivers modules designed for Know Your Customer, Know Your Business, and Anti-Money Laundering, aligning with global privacy standards.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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