IoTrust

IoTrust is a crypto & web3 company in Seoul, South Korea, founded in 2017. It has raised $8.3M across 2 rounds, most recently a $6.0M Seed in 2021 (est.).

Secure hardware cryptocurrency wallets with biometric authentication

Headquarters
Seoul
Employees
11–50
Founded
2017
Business Model
B2C
Total Funding
$8.3M
Last Round
$6.0M SeedJan 2021
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 2 investors for this company. The full record is or through the API.

About

IoTrust is a Korean IT security company and the developer of D'CENT, a globally recognized hardware cryptocurrency wallet brand. Founded in 2017 by security experts with over 20 years of experience, IoTrust builds proprietary security technology for digital asset protection. Its flagship D'CENT product line includes the Biometric Wallet (featuring fingerprint authentication and secure element chip), the DCENT S card-format cold wallet, and a companion mobile app supporting over 4,900 cryptocurrencies across 100+ blockchain networks. D'CENT wallets are sold in over 220 countries and have maintained a zero-hack record. The company also offers a custom branding service for enterprises. IoTrust has raised investments from Korea Investment Partners, L&S Venture Capital, KDB Capital, K-Run Ventures, SL Investment, and KB Investment.

Summary

It lists 11–50 employees. It has raised $8.3M in total across 2 rounds, most recently a $6.0M Seed round in 2021 (est.). Investors include KB Investment and Korea Investment Partners.

Tech & App Stack

10 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed Round2021 (est.)
$6.0M

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Funding: Seed. Amounts, valuations, and investors where available.

Investors

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