# T Stamp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/t-stamp

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.truststamp.ai
- Total disclosed funding: $2.1M
- Latest round: Series A (May 12, 2020)
- Investors on record: 5

## About

T Stamp Inc. is a US-based company that specializes in advanced identity verification solutions, focusing on privacy and security through innovative biometric technologies.Founded in 2015 and headquartered in Atlanta, US, T Stamp Inc. offers identity verification services. The company has not indicated any pivots in its business strategy. Andrew Gowasack is one of the founders and currently serves as CEO alongside Gareth Genner and Scott Francis. In its journey, T Stamp has completed 13 deals, with the most recent deal occurring on March 18, 2021, raising USD 1.8 mn from Second Century Ventures as part of a larger USD 5 mn funding round. The total amount raised by the company is USD 1.8 mn.Trust Stamp specializes in advanced identity verification solutions that prioritize privacy and security through biometric authentication technologies. Their core offerings include KYC onboarding, document verification, facial matching, liveness detection, biometric deduplication, age estimation, and stable IT solutions, addressing various identity-related challenges across multiple sectors such as financial services, government, real estate, and humanitarian aid.In 2023, Trust Stamp reported a revenue of USD 4.56 mn, with an EBITDA of USD -7.10 mn. The company generates revenue through a subscription-based model, partnering with various organizations seeking secure identity verification solutions, integrating their technology into existing systems for onboarding and compliance.Following their most recent deal on March 18, 2021, where T Stamp Inc. raised USD 1.8 mn, the company plans to use these funds to enhance its sales and marketing efforts and facilitate the productization of its intellectual property to capitalize on growing commercial opportunities. Future strategies involve releasing new products aimed at expanding their market presence, particularly targeting North America, Europe, and parts of Asia by the end of the upcoming fiscal year.

## Funding rounds

- Series A, May 12, 2020, $1M — Speedinvest, Gener8tor Management, LLC
- Seed, Dec 1, 2016 — SixThirty
- Seed, Sep 30, 2016, $1.1M — SixThirty
- Seed, Apr 19, 2016 — Second Century Ventures, Queen City Fintech

## Investors

- Second Century Ventures (https://capitalatlas.ai/funds/second-century-ventures) — Seed
- Queen City Fintech — Seed
- SixThirty (https://capitalatlas.ai/funds/sixthirty) — Seed
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series A
- Gener8tor Management, LLC — Series A
