Spruce
Digital credential management platform
- 21-100 employees
- B2B
- Enterprise
- SaaS
- Cyber Security
- Blockchain
- Identity
- Web 3.0
- Civic Center, New York, NY
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Company mission
To empower organizations to manage the entire lifecycle of digital credentials.
Our take
Keeping control over your identity online is becoming increasingly difficult. Spruce is setting out to combat this by leveraging the power of blockchain. The company's main target is allowing users to sign in online using their Ethereum account instead of a traditional intermediary. This offers increased privacy and ownership for users.
Spruce is one of a raft of new companies looking to leverage the power of blockchain to improve consumers' privacy and autonomy online, which means there is no shortage of competitors in the space. That said, its funding success, integration capabilities and backing have given it an important edge, and these factors stand strong as promises of its future potential.
Kirsty
Company Specialist at Welcome to the Jungle
Company values
- Giving people security and privacy through private-by-default architectures
- Enabling a world where users control their data across the web
- Supporting builders with open-source software for user-controlled interactions
Funding (2 rounds)
Apr 2022
$34m
SERIES A
Nov 2021
$7.5m
EARLY VC
Total funding: $41.5m
This company has top investors
Leadership
Wayne Builds
(Co-Founder & CEO)A Y Combinator alum who was Director of Product Management at ConsenSys, and Proprietor of WYC Technology.
Office
Articles
Jobs (3)
Software Engineering