Spruce builds open-source credentialing infrastructure that is standards-compliant, production-ready, and extensible into typical enterprise and government IT systems.
Location: United States, New York
Employees: 11-50
Total raised: $7.5M
Founded date: 2020
Investors 9
Funding Rounds 1
| Date | Series | Amount | Investors |
| 02.11.2021 | - | $7.5M | - |
Mentions in press and media 5
| Date | Title | Description |
| 21.04.2022 | Decentralized identity startup Spruce raises $34M led by a16z Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon W... | Spruce Systems Inc., a single-sign-on decentralized identity startup for Web3, announced Wednesday that it has raised $34 million in early-stage funding led by Andreessen Horowitz to allow people to break away from centralized big tech plat... |
| 21.04.2022 | Investing in Spruce | In today’s web, the most popular authentication methods rely on centralized identity providers that act as trusted intermediaries. Social login and single sign-on (SSO) are significant improvements over prior methods, but still give control... |
| 20.04.2022 | Decentralized identity startup Spruce wants to help users control their sign-in data | Signing into websites using your Google or Facebook account has become so commonplace that lots of people don’t think twice before doing it. Keeping control over one’s own identity on the internet often requires a substantial sacrifice of c... |
| 08.11.2021 | Web 3.0 can repair the attention-driven digital economy | Doug Petkanics Contributor Share on Twitter Doug Petkanics is the CEO of Livepeer, an open video infrastructure for livestreaming. From imbalanced creator economics and poor security, to centralized control and disgruntled communities — Web... |
| 02.11.2021 | Decentralized Identity Startup Spruce Raises $7.5M | Decentralized finance (DeFi) and non-fungible tokens (NFT) have given decentralized identity a solid commercial use case that was previously lacking. So say the founders of Spruce, an identity startup that just raised $7.5 million in a fund... |