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NuID is a pioneer in trustless authentication and decentralized digital identity. The NuID platform leverages zero knowledge cryptography and blockchain technology to eliminate the need for businesses to store passwords and other authentication credentials. NuID’s unified protocol for strong authentication supports passwords, tokens, and biometrics—enabling developers and businesses to reduce security risks and streamline user experience. Our mission is to end mass credential breaches by returning data ownership to the individual.
Follow us on Twitter @_NuID
Follow us on Twitter @_NuID
Overview
Location
United States, New York
Employees
1-10
Total raised
$2.5M
Founded date
2017
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 4
| Date | Title | Description |
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| Dec 14, 2018 | Daily funding roundup - December 14th, 2018 | NuID raised $2.5M; Aiera raised $3.5M; Block Renovations raised $4.5M; Propel raised $12.8M NuID: NuID is a blockchain cyber security and digital identity startup. NuID has raised $2.5 million in seed funding at a $20 million pre-money valu... |
| Dec 13, 2018 | Authentication security startup NuID raises $2.5M to help companies prevent breaches | NuID founders Locke Brown and Nolan Smith. (NuID Photo) Security startup NuID today announced a $2.5 million round to help grow its user authentication technology. Founded in early 2017, the Seattle-based company develops software that uses... |
| Dec 13, 2018 | Term Sheet — Thursday, December 13 | THE 2018 STATE OF STARTUPS Good morning, Term Sheet readers. Paid Content How can you protect what you can't see? From ExtraHop Here are some of the most interesting takeaways from the report: What is investors’ strongest bias? Founders see... |
Reviews 0
FAQ about NuID
When was NuID founded?
NuID was founded in 2017.
How much funding has NuID raised?
NuID has raised $2.5M in total across 1 funding round.
What has the press written about NuID?
Parsers VC has collected 4 articles mentioning NuID, among them “Daily funding roundup - December 14th, 2018” (Dec 14, 2018) and “Authentication security startup NuID raises $2.5M to help companies prevent breaches” (Dec 13, 2018).
Is NuID still active?
Yes, NuID is active; its latest activity on Parsers VC dates from Jun 20, 2022.