What is Entrupy?
Entrupy is a hardware-enabled SaaS company that leverages advanced computer vision algorithms and microscopy to authenticate high-value physical goods, thereby fostering trust in transactions. Since its inception in 2016, the company has developed scalable technology capable of verifying the authenticity of luxury products from prominent brands such as Louis Vuitton, Chanel, and Hermès. Its solution is currently utilized by hundreds of retailers, brands, secondary resellers, and marketplaces globally, addressing a critical need in the pre-owned luxury market.
How much funding has Entrupy raised?
Entrupy has raised a total of $2.8M across 2 funding rounds:
Series A
$2.6M
Debt
$150K
Series A (2017): $2.6M with participation from DG Lab
Debt (2020): $150K led by PPP
Key Investors in Entrupy
DG Lab
DG Lab is an open innovation R&D organization operated by Digital Garage, Inc., Kakaku.com, Inc., Credit Saison Co., Ltd., and KDDI CORPORATION, focusing on cutting-edge internet technology and emerging businesses.
Yann LeCun
Yann LeCun is a renowned pioneer in deep learning and a director at Facebook AI Research (FAIR), known for his foundational contributions to artificial intelligence.
Zach Coelius
Zach Coelius is a serial entrepreneur and investor with a track record of successful ventures, contributing expertise in scaling technology companies.
What's next for Entrupy?
The recent major strategic investment in Entrupy signals a pivotal growth phase for the company, likely enabling further expansion of its technological capabilities and market reach. This capital infusion is expected to bolster its position as a leader in product authentication, potentially driving innovation in AI-driven verification and expanding its portfolio of authenticated brands. The company's trajectory suggests a focus on scaling its operations to meet increasing global demand for trusted authentication services in the luxury goods sector.
See full Entrupy company page
