Entrupy
Latest round
- Series A
Last raised
- Jul 2017
Total raised
- $2.6M
Investors
- 1
About Entrupy
Entrupy Inc.Entrupy Inc. was founded in 2012 and is headquartered in New York, US. The company specializes in advanced product authentication services, aimed at luxury brands and high-demand products like sneakers. The founders, Ashlesh Sharma and Vidyuth Srinivasan, have experience in technology and entrepreneurship.Entrupy specializes in AI-driven solutions that provide advanced product authentication services aimed at combating counterfeit goods in the retail and resale markets. Their core offerings include a sophisticated authentication technology that utilizes unique fingerprinting capabilities, enabling invisible traceability of products throughout the supply chain. This technology is particularly tailored for luxury brands and high-demand products, such as sneakers, and boasts nearly 100% accuracy in identifying genuine items. Entrupy serves a diverse client base that includes over 20 top luxury brands, as well as retailers and resellers in various geographical markets, including North America, Europe, and parts of Asia.Entrupy generates revenue through a structured business model that includes partnerships and subscriptions with retailers and wholesalers. Clients engage with Entrupy's services by integrating their authentication technology into their operations, ensuring that products are verified before sale. This often involves a per-transaction fee or subscription-based pricing, which allows businesses to access Entrupy’s technology on an ongoing basis. Entrupy's flagship services, including their AI authentication solutions, are designed to cater to both B2B relationships and direct-to-consumer transactions, enhancing the overall security and trust in the marketplace.Entrupy plans to enhance its product offerings by developing new authentication solutions designed for emerging markets, with a targeted release by 2024. The company also aims to expand into Asia and South America, seeking to establish a presence in these regions by 2025.
Who invested in Entrupy
1 investor across 1 round
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Funding rounds
Series A
Jul 13, 2017
Amount
$2.6M
Investors
Questions about Entrupy
Who invested in Entrupy?
Entrupy has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Entrupy raised?
Entrupy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Entrupy last raise money?
Entrupy's most recent round on record is a Series A, in Jul 2017.
What does Entrupy do?
Entrupy is a hardware company.
Where is Entrupy headquartered?
Entrupy is headquartered in New York, US.
Which VCs invest in companies like Entrupy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Entrupy's stage. Their profiles are linked below.
VCs backing hardware startups at Series A
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