Self ID, Inc.
Verified| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | $7.5m | Early VC |
| Total Funding | 000k | ||
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Recent News about Self ID, Inc.
EditYourself.id is a pioneering startup that aims to revolutionize how personal identity and data are managed and shared. The company operates in the digital identity and data privacy market, focusing on empowering users to control their own data. Yourself.id serves a diverse range of clients, including individuals, businesses, and institutions that require secure and user-controlled data management solutions.
The core business model of Yourself.id revolves around facilitating identity verification and data sharing through a decentralized platform. This platform allows users to create, manage, and share their personal data securely. Unlike traditional models where data is often controlled and monetized by third parties, Yourself.id ensures that users have full control over their data. This means users can approve or deny any third-party requests for their data, ensuring privacy and security.
Yourself.id generates revenue through a combination of subscription fees, transaction fees, and partnerships. Businesses and institutions that require access to verified user data pay for the service, while users can opt for premium features through subscription plans. The company also collaborates with strategic partners who provide additional services and support, enhancing the overall value proposition.
In early 2023, Yourself.id successfully closed a $7.5 million seed funding round, led by Core Innovation Capital and supported by other notable venture capital firms such as Blockchange, Outliers Fund, Humla Ventures, and RedBeard Ventures. This funding will help accelerate the company's growth and bring its innovative solutions to a broader audience.
To summarize, Yourself.id is at the forefront of a new paradigm in digital identity and data management, offering a user-centric approach that prioritizes privacy, security, and user empowerment.
Keywords: digital identity, data privacy, user control, decentralized platform, identity verification, data sharing, subscription model, transaction fees, strategic partnerships, venture capital.