# Unum ID

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/unum-id

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.unumid.org
- Total disclosed funding: $2M
- Latest round: Seed (Jun 16, 2020)
- Investors on record: 4

## About

Unum ID, Inc. is a company focused on providing innovative software solutions that enhance logistical and operational efficiencies across various industries, particularly in supply chain management and data analytics.Founded in 2018 and headquartered in San Francisco, US, Unum ID, Inc. offers advanced software platforms aimed at improving business operations. The founders Aidan McCarty, Liam McCarty, and Robert Mowris have a history in technology and business development. The company has successfully raised USD 2.00 mn in funding, co-led by 1414 Ventures and Outliers VC DAO, with support from Draper Associates and Tappan Hill Ventures. As of July 15, 2022, Unum ID has completed a total of 4 deals.Unum ID specializes in delivering innovative solutions designed to enhance logistical and operational efficiencies for businesses across various sectors. Their core offerings include advanced software platforms that facilitate real-time supply chain management, inventory control, and data analytics. These products resolve critical issues such as inefficiencies in inventory tracking and delays in product delivery, thereby optimizing the end-to-end supply chain process. Unum ID targets a diverse clientele, including manufacturers, retailers, and wholesalers in North America and Europe, specifically catering to industries like e-commerce, healthcare, and retail.Unum ID generates revenue primarily through a subscription-based model, which allows clients to access their suite of software solutions on a recurring basis. This model includes tiered pricing plans that enable clients to select packages that align with their operational needs, ensuring flexibility and scalability. Typical transactions consist of businesses subscribing to the software while receiving ongoing support and updates, fostering long-term partnerships. Unum ID’s flagship products are designed to integrate seamlessly with existing systems, enhancing value and efficiency for their customers.Unum ID plans to leverage its recent funding of USD 2.00 mn raised in July 2022 to expand its team, support diverse use cases, and enhance its network of reusable identities across multiple industries. Future growth initiatives include the development of new software products, although specific release dates have not been disclosed. Additionally, the company aims to penetrate new markets, particularly in Europe, by the end of 2023, further solidifying its presence in the logistics and supply chain sectors.

## Funding rounds

- Seed, Jun 16, 2020, $2M — Draper, Tappan Hill Ventures, Hard Yaka, Wedbush Ventures

## Investors

- Draper (https://capitalatlas.ai/funds/draper) — Seed
- Tappan Hill Ventures (https://capitalatlas.ai/funds/tappan-hill-ventures) — Seed
- Hard Yaka (https://capitalatlas.ai/funds/hard-yaka) — Seed
- Wedbush Ventures (https://capitalatlas.ai/funds/wedbush-ventures) — Seed