# Humanode

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/humanode

- Industry: Financial Services
- Headquarters: Georgia
- Website: www.humanode.io
- Total disclosed funding: $2M
- Latest round: Seed (Feb 10, 2022)
- Investors on record: 5

## About

Based in Georgia, Humanode provides encrypted solutions that utilize blockchain technology for decentralized identity and biometric verification, ensuring secure and efficient identity authentication for various sectors.Humanode, founded in 2020 in Georgia, specializes in decentralized identity and biometric verification. The company has successfully completed 3 deals, with its latest funding round occurring on October 6, 2024, raising USD 10.00 mn from investors including Big Brain Holdings and Republic Crypto. The company's CEO is Sireesha Gullapalli, and it was co-founded by Dato Kavazi, Kiran Gullapalli, Nancy Ma, and Victor Paradigm.Humanode specializes in innovative solutions that leverage blockchain technology to facilitate decentralized identity and biometrics verification. The company’s core offerings include a unique identity protocol that enables users to authenticate their identities securely without relying on traditional centralized systems. This technology addresses issues of privacy, security, and efficiency in various sectors, including finance, healthcare, and digital services, primarily targeting enterprises and governmental organizations that require robust identity verification systems.Humanode's revenue model is structured around a subscription-based framework catering to both business-to-business (B2B) and direct-to-consumer markets. Clients engage with Humanode's identity verification services through annual or monthly subscription plans, which provide access to the platform’s suite of features. The company also establishes partnerships that enhance its service offerings, generating additional revenue streams through onboarding fees for new clients, followed by recurring charges based on usage and service tiers.In October 2024, Humanode raised USD 10.00 mn in venture funding to support its Ecosystem Funding Program. The company has plans to design and launch new products to enhance its identity verification capabilities and is targeting expansion into new markets, specifically North America, Europe, and parts of Asia, to increase its global presence.

## Funding rounds

- Seed, Feb 10, 2022, $2M — Moneytribe, GravityX Capital, Blizzard Fund, Wintermute Ventures, Republic Cash

## Investors

- Moneytribe — Seed
- GravityX Capital (https://capitalatlas.ai/funds/gravityx-capital) — Seed
- Blizzard Fund (https://capitalatlas.ai/funds/blizzard-fund) — Seed
- Wintermute Ventures (https://capitalatlas.ai/funds/wintermute-ventures) — Seed
- Republic Cash — Seed