Web3Auth is a distributed private key management solution.
By abstracting the management of private keys away from the end user, we allow users to start making use of blockchain applications using familiar authentication methods like Google or Facebook login. Our goal is to allow any digital identity to be a valid cross-platform identifier, allowing users to bring their digital identities with them to any application on the Internet.
By abstracting the management of private keys away from the end user, we allow users to start making use of blockchain applications using familiar authentication methods like Google or Facebook login. Our goal is to allow any digital identity to be a valid cross-platform identifier, allowing users to bring their digital identities with them to any application on the Internet.
Location: Singapore
Employees: 11-50
Total raised: $13M
Founded date: 2018
Investors 5
| Date | Name | Website |
| 16.07.2023 | Tribe Acce... | tribex.co |
| 21.06.2022 | Multicoin ... | multicoin.... |
| 04.05.2023 | The Sparta... | spartangro... |
| 22.05.2023 | YBB Founda... | ybb.io |
| - | cyber•Fund... | cyber.fund |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 12.01.2022 | - | $13M | - |
Mentions in press and media 4
| Date | Title | Description |
| 16.01.2025 | First fund at $100 M launched by Sigma Capital to accelerate Web3 innovation | The $100 million Sigma Capital Fund I, which is devoted to propelling the next wave of Web3 innovation in the Middle East and around the world, was launched today by Sigma Capital, a prominent Web3 early-stage venture asset manager. The lau... |
| 12.01.2022 | Torus Rebrands to Web3Auth, Raises $13M to Simplify Crypto Logins | Crypto infrastructure provider Torus has changed its name to Web3Auth and raised a $13 million round led by Sequoia Capital India, the company said in a blog post on Wednesday. The Series A capital will be used to support its Web 3 plans fo... |
| 12.01.2022 | Web3Auth secures $13M from Sequoia India to simplify crypto onboarding and authentication | Web3 is seen as the future of the internet because it allows people to control their own data and digital assets, but crypto developers have been learning from the past when it comes to onboarding new users. The current state of crypto onbo... |
| 12.01.2022 | Web3Auth Raises $13M in Funding | Web3Auth (formerly known as Torus), a Singapore-based auth infrastructure solution for Web3 apps and wallets, raised $13m in Series A funding. The round, which follows a $2m seed round, bringing the company’s total financing to date to $15m... |