Veracity Protocol
Veracity Protocol offers a trust standard for physical objects, utilizing advanced Vision AI protocols to enhance product security and intelligence. Their core technology is microstructure fingerprinting, which captures a unique, tamper-proof identifier for each product using AI and computer vision, usable with any camera. This enables solutions such as serialization, authentication, classification, and a Digital Product Passport. They emphasize their system's immutability, security, and resistance to counterfeiting, contrasting it with less secure methods like RFID, NFC, and QR codes. Veracity Protocol serves various industries including Pharma, Automotive, and Luxury Goods, and supports regulatory compliance, particularly for EU Digital Product Passports. Their platform is designed for scalability, ease of integration without hardware changes, and offers monetization opportunities through fingerprint licensing.
Veracity Protocol
Veracity Protocol offers a trust standard for physical objects, utilizing advanced Vision AI protocols to enhance product security and intelligence. Their core technology is microstructure fingerprinting, which captures a unique, tamper-proof identifier for each product using AI and computer vision, usable with any camera. This enables solutions such as serialization, authentication, classification, and a Digital Product Passport. They emphasize their system's immutability, security, and resistance to counterfeiting, contrasting it with less secure methods like RFID, NFC, and QR codes. Veracity Protocol serves various industries including Pharma, Automotive, and Luxury Goods, and supports regulatory compliance, particularly for EU Digital Product Passports. Their platform is designed for scalability, ease of integration without hardware changes, and offers monetization opportunities through fingerprint licensing.
TL;DR
Core tech: Vision-AI microstructure fingerprinting for product authentication
Industries served: Pharma, Automotive, Luxury Goods
Headquarters: New York (with EU entity in Prague)
Founded: 2018 / founded company date cited 2019
Funding: Seed rounds and investor-backed activity; reported total ≈ $4.8M
Company Overview
Problem Domain
Product authentication, anti-counterfeiting, supply-chain traceability, digital product passports
Founded
2018
Industry
Data and Analytics
Tech Stack
Funding Track Record
2000000
Seed round of $2.0M reported October 2020 (investors include Tensor Ventures and Fazole Ventures).
Latest seed-round activity recorded on Aug 1, 2022.
Early investor activity noted in 2018.
Participation / investor activity in 2019.
Investor activity reported in mid-2021.
Investor Signal
“Has participation from early-stage investors and accelerators (Tensor Ventures, Fazole Ventures, Serafund, Techstars, Tensor Ventures listed among backers)”