Outdid
Date | Investors | Amount | Round |
---|---|---|---|
$48.0k | Grant | ||
* | $50.0k | Seed | |
* | $2.5m | Seed | |
Total Funding | $2.6m |
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Recent News about Outdid
EditOutdid.io is a pioneering company in the field of identity verification, leveraging advanced Zero Knowledge Proof (ZKP) technology to authenticate government documents directly on the user's device. This eliminates the need for third-party data processing, ensuring privacy and compliance with data protection regulations. The company serves a wide range of businesses that require reliable and instant ID verification, including financial institutions, e-commerce platforms, and any service requiring secure user authentication. Outdid.io operates in the cybersecurity and identity verification market, providing a unique solution that is both cost-effective and highly secure. The business model revolves around offering a subscription-based service to enterprises, enabling them to integrate Outdid.io's verification technology into their existing systems. Revenue is generated through subscription fees and potentially through premium features or additional services. By ensuring documents are 100% authentic and providing instant verification results, Outdid.io helps businesses reduce fraud and streamline their verification processes.
Keywords: ID verification, Zero Knowledge Proofs, document authentication, cybersecurity, privacy compliance, instant verification, fraud prevention, financial institutions, e-commerce, subscription service.