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Veracity Protocol
AddedFeb 15, 2024
UpdatedJun 18, 2026
Veracity Protocol

Veracity Protocol

Seed

Veracity Protocol: Ensuring top-tier data veracity for physical assets using CV/ML and Blockchain technology.

HQ
New York City, NY, US
Founded
2019
Accelerator
Techstars logoTechstars: Alchemist Blockchain2019
Overview
Compare
Fundraising
Employees
Website

Veracity Protocol, founded with the mission to create a protocol of trust for the digital world, focuses on ensuring the highest level of data veracity for physical objects. By leveraging computer vision (CV), machine learning (ML), and blockchain technology, the company addresses the critical oracle problem by linking physical assets with their digital counterparts. Their primary service allows users to identify, authenticate, and track objects using a smartphone to generate a non-invasive code representing an object's unique material structure, making it tamper-proof.

Notable figures affiliated with Veracity Protocol include experts in CV, ML, and blockchain technology who have contributed significantly to its innovative solutions. The company has garnered attention from key investors in the tech industry, enhancing its credibility and reach. Among its key achievements is the successful deployment of its technology across various industries, providing robust solutions during the COVID-19 pandemic. Veracity Protocol's impact lies in its ability to secure physical assets in a digital landscape, setting a new standard for trust and authenticity.

Veracity Protocol - Quick Facts

When was Veracity Protocol founded?

Veracity Protocol was founded in 2019.

Where is Veracity Protocol's headquarters located?

Veracity Protocol's headquarters is located in New York City, NY, US.

When was Veracity Protocol's last funding round?

Veracity Protocol's most recent funding round was for $2M (USD) in August 2022.

How much has Veracity Protocol raised to-date?

As of Aug 1, 2022, Veracity Protocol has raised a total of $4.8M (USD).

How many employees does Veracity Protocol have?

Veracity Protocol has 27 employees as of Feb 4, 2024.

Veracity Protocol - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • Blockchain
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Recurring
  • SaaS
Customer
  • Enterprise
Main Product
  • Data Verification
Tags
  • Blockchain
  • Data
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software