IndyKite offers a decentralised identity layer that uses a knowledge graph data model to map people, devices, and assets across organizations to deliver personalization and granular authorization. The platform targets use cases in decentralised data, edge security, computer vision, and digital twins to enable ultra-personalized user experiences while preserving privacy and compliance. The company has launched indyKite.id and an open-source digital identity wallet, indyKite.me. IndyKite comprises nearly 60 team members and reports deals in the works with European and U.S. companies, with particular interest from finance and education verticals. Financially, IndyKite recently closed an $8 million seed round four months after a $2.5 million pre-seed. The funding is slated to drive significant team expansion and prioritized investment in core platform and product development. IndyKite provides an open-source platform that maps people, devices, and assets across organizations and networks to deliver personalization and authorization services. The company positions itself as the identity layer for a decentralized, data-rich Web3 world where devices, robots, and data need distinct identities. Its platform emphasizes privacy, compliance, and secure handling of identities while enabling ultra-personalized user experiences, recommendations, and discovery. IndyKite is placing strong emphasis on computer vision and has formed a strategic technology partnership with RealNetworks' SAFR. The startup says IoT devices could learn access controls directly from networks, reducing manual configuration and improving human access controls. IndyKite emerged from stealth and has raised a $2.5 million pre-seed round to fund its initial development and go-to-market efforts.

Total raised

$11M

Funding rounds

2

Latest round

Seed

Latest activity

Feb 2022