What is Civic?
Civic is dedicated to revolutionizing identity management for the decentralized web. Its core offering, Civic Pass, functions as an integrated permissioning tool, enabling businesses to manage secure access to on-chain assets. The platform empowers individuals with an on-chain representation of their reusable identity, facilitating seamless management of their Web3 presence and reputation through a user-friendly dashboard. Civic's overarching goal is to become the world's most trusted on-chain Web3 identity tool, aiming for widespread adoption by billions daily.
How much funding has Civic raised?
Civic has raised a total of $2M across 2 funding rounds:
Angel/Seed
$1.7M
Debt
$350K
Angel/Seed (2016): $1.7M with participation from Social Leverage
Debt (2020): $350K led by PPP
Key Investors in Civic
Social Leverage
Social Leverage is a partnership that invests in exceptional entrepreneurs in the technology space, bringing entrepreneurial expertise and relationships to support portfolio companies.
PPP
Public-Private Partnership
What's next for Civic?
The recent major strategic investment signals a new phase of growth and development for Civic. This influx of capital, alongside the company's established total funding of $2.1M, is expected to fuel further innovation in its identity management solutions. Civic is likely to expand its market reach, enhance its platform capabilities, and forge new strategic partnerships within the web3 ecosystem. The focus on enterprise-level funding suggests a strategic push towards broader adoption and integration of its identity tools by larger organizations, solidifying its position as a leader in secure, private, and reusable on-chain identities.
See full Civic company page
