Verida Network
Latest round
- Seed
Last raised
- Jun 2024
Total raised
- $5M
Investors
- 7
About Verida Network
Founded in 2021 by Chris Were (CEO) and Ryan Kris (COO), and based in Sydney, Australia, Verida Network operates as a developer of software that provides decentralized identification, a multi-chain protocol for messaging, and database storage for cross-platform integrations. Verida provides decentralized infrastructure for private user databases, combining traditional database performance with user-controlled keys for complex decentralized applications (DApps). The Verida Storage Credit Token (VDA) facilitates secure data storage and economic incentivization. The Verida Wallet is a self-custody mobile application integrating data, zero-knowledge proofs, and cryptocurrency. The platform supports building self-sovereign applications with secure, encrypted database storage. Verida enables users to run storage nodes, earn VDA tokens, and participate in the data economy. Their decentralized network supports private data storage, user identity solutions, encrypted messaging, and extensible developer tools for creating DApps.
Who invested in Verida Network
7 investors across 1 round
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Funding rounds
Seed
Jun 21, 2024
Amount
$5M
Investors
Questions about Verida Network
Who invested in Verida Network?
Verida Network has 7 investors 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 Verida Network raised?
Verida Network has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Verida Network last raise money?
Verida Network's most recent round on record is a Seed, in Jun 2024.
What does Verida Network do?
Founded in 2021 by Chris Were (CEO) and Ryan Kris (COO), and based in Sydney, Australia, Verida Network operates as a developer of software that provides decentralized identification, a multi-chain protocol for messaging, and database storage for cross-platform integrations.
Where is Verida Network headquartered?
Verida Network is headquartered in Sydney, Australia.
Which VCs invest in companies like Verida Network?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at Verida Network's stage. Their profiles are linked below.
VCs backing software startups at Seed
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