SpruceID is a startup that provides a platform for organizations to manage digital credentials throughout their entire lifecycle. These credentials can range from mobile driver's licenses to professional certifications. The company operates in the digital identity market, serving a wide range of clients including government entities, professional organizations, and businesses that require secure digital identification for their users.

SpruceID's primary product is SpruceKit, a tool that equips any application with comprehensive decentralized identity capabilities. This means that both the application and its users can issue, hold, and verify digital credentials. This is particularly relevant in today's digital-first world, where secure digital representation of identity is increasingly important.

One of the key features of SpruceID is its support for mobile driver's licenses (mDLs). These are digital identity credentials that are cryptographically signed and issued by governments. The adoption of mDLs is rapidly increasing worldwide, making SpruceID's services highly relevant and timely.

SpruceID operates on an open-source model, with SpruceKit and its components available under the Apache 2.0 or MIT licenses. This transparency allows anyone to see and understand how the system works, fostering trust in the platform.

In terms of its business model, while it's not explicitly stated, companies like SpruceID typically generate revenue by offering their platform and services on a subscription basis or through licensing fees.

Keywords: Digital Credentials, Decentralized Identity, Mobile Driver's Licenses, Open Source, Cryptographically Signed, Digital Identity Market, Professional Certifications, Software Audit Statements, Key-Based Session Authentication, Decentralized Key Management.