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Indicio, a Digital Ecosystems Company, Secures $3.5 Million in Oversubscribed Seed Round led by Hard Yaka


Digital Ecosystems

March 04, 2024


Indicio, a company specializing in Trusted Digital Ecosystems, has raised $3.5 million in an oversubscribed seed round led by Hard Yaka. The funds will be used to expand Indicio’s platform across the finance, healthcare, and travel sectors.


Project

Latest Raise

Latest Raise

Stage

Total Raise

Lead Investor

Category

Indicio

$3.5M

Mar 4, 2024

Series A

$3.5M

Hard Yaka

Security

Indicio offers a comprehensive solution for issuing, sharing, and verifying data through encrypted digital credentials. This allows companies to verify data origin and authenticity without direct integrations, ensuring secure and efficient information exchange. The platform combines decentralized identifiers, software agents, and verifiable credentials with communication protocols to verify data independently of the data source.


Indicio’s infrastructure supports enterprise-grade deployments, making it suitable for businesses seeking to adopt decentralized identity technology. The company's services enhance operational efficiency, reduce verification risks, and ensure compliance with privacy regulations. Indicio contributes to several projects under the Hyperledger Foundation, providing open-source codebases for broader adoption.


The recent funding will help Indicio accelerate the development of new features, enhance product offerings, and explore advanced technologies like machine identity and the metaverse. The company aims to provide tools, training, and support to foster a community around trusted digital interactions.


About Indicio: 

Indicio develops Trusted Digital Ecosystems that enable secure data exchange and verification using encrypted digital credentials. The platform simplifies compliance, boosts profits, and mitigates risks for businesses in the financial, healthcare, and travel industries.

X Followers today: 970



About Investor

Investor: Hard Yaka

Hard Yaka is an investment firm focused on companies developing trusted digital ecosystems. Their investment in Indicio highlights the growing importance of secure and verifiable data exchange in the digital economy.

Location:  United States




A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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