What is Entrupy?
Entrupy operates as a hardware-enabled SaaS company, leveraging advanced computer vision algorithms and microscopy to establish trust in the high-value physical goods market. Its scalable technology authenticates luxury products from premier brands, serving hundreds of retailers, brands, secondary resellers, and marketplaces globally. The service, launched in 2016, is the result of extensive research by its founding team, positioning Entrupy as a critical player in combating counterfeit goods and ensuring transaction integrity.
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., focusing on cutting-edge internet technology and emerging businesses. Their investment suggests a strategic interest in Entrupy's innovative application of AI and computer vision.
Yann LeCun
Yann LeCun, a pioneer in deep learning and director at Facebook AI Research, brings significant expertise in artificial intelligence. His involvement highlights Entrupy's strong foundation in advanced AI technologies.
Zach Coelius
Zach Coelius is a serial entrepreneur and investor known for backing promising technology ventures. His participation indicates confidence in Entrupy's business model and growth potential.
What's next for Entrupy?
The substantial enterprise-level funding indicates a strategic push for Entrupy to expand its technological capabilities and market reach. Future growth is likely to focus on enhancing its AI-driven authentication accuracy, broadening its portfolio of authenticated brands, and deepening its integration with e-commerce platforms and resale markets. This capital infusion will be pivotal in solidifying Entrupy's position as the definitive solution for luxury item verification.
See full Entrupy company page
