xID
Latest round
- Series C
Last raised
- Sep 2023
Total raised
- $2.3M
Investors
- 3
About xID
a xID, based in Japan, specializes in digital ID solutions, leveraging the My Number Card system to facilitate identity verification and streamline access to both government and private services. Founded in 2012 in Tokyo, Japan, xID focuses on digital identity solutions, particularly utilizing Japan's My Number Card system. The current CEO and co-founder, Hikaru Kusaka, has been pivotal in steering the company toward its innovative approach in digital solutions. xID specializes in the development and promotion of digital ID solutions that leverage Japan's My Number Card system. The company's core offerings include a digital ID application that facilitates online and face-to-face identity verification, enabling seamless access to government and private sector services through a single, secure identifier. This application enhances user convenience while ensuring robust security protocols, addressing the challenge of verifying identities across various contexts.xID generates revenue through a combination of subscription-based models and service partnerships with local governments and enterprises. The company's offerings, particularly its flagship digital ID application and municipal digital mail service, involve structured transactions where municipalities pay for the implementation and ongoing support of digital services that enhance their administrative efficiency. Individual users can access the digital ID application for free by using their My Number Card, while businesses and government clients subscribe to tailored services designed for identity management and notification delivery, creating a diverse revenue stream.from Japan Post Capital.
Who invested in xID
3 investors across 1 round
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Funding rounds
Series C
Sep 4, 2023
Amount
$2.3M
Investors
Questions about xID
Who invested in xID?
xID has 3 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 xID raised?
xID has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did xID last raise money?
xID's most recent round on record is a Series C, in Sep 2023.
What does xID do?
a xID, based in Japan, specializes in digital ID solutions, leveraging the My Number Card system to facilitate identity verification and streamline access to both government and private services.
Where is xID headquartered?
xID is headquartered in Tokyo, Japan.
Which VCs invest in companies like xID?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at xID's stage. Their profiles are linked below.
VCs backing software startups at Series C
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