Total amount raised
$8.7 Millions
Latest funding date
05/01/2022
Location
Entrupy has developed AI-powered solutions for product authentication, offering services such as luxury and sneaker authentication, return fraud detection, and supply chain protection. The platform is designed to protect businesses, buyers, and sellers from counterfeit goods, enhancing operational efficiency and providing fast, reliable results.
Keep reading to explore the intricacies of Entrupy's fundraising journey and the investors backing this innovative platform.
What Is Entrupy?
Entrupy operates within the technology and retail industries, specializing in AI-powered product authentication solutions. The company focuses on securing inventory, protecting supply chains, and adding trust to transactions in retail and resale markets.
Entrupy offers scalable solutions for authenticating luxury items and sneakers with nearly 100% accuracy. Their technology is designed to protect businesses, buyers, and sellers from counterfeit goods and return fraud, providing a 100% money-back guarantee. The company's services cater to luxury resellers, sneaker resellers, pawnshops, online marketplaces, retailers, and brands & manufacturers.
How Much Funding Has Entrupy Raised?
- Seed Round
- Amount Raised: $2.6 million
- Date: March 2016
- Lead Investors: ff Venture Capital, Deep Fork Capital
- Series A
- Amount Raised: $6.8 million
- Date: October 2018
- Lead Investors: New Science Ventures, Digital Garage
- Series B
- Amount Raised: $12.7 million
- Date: June 2021
- Lead Investors: Atomico, Balderton Capital
Entrupy has raised a total of $22.1 million in funding.
Key Investors
- ff Venture Capital
- Details: ff Venture Capital is a New York-based venture capital firm that invests in early-stage technology companies. They have a strong track record of supporting innovative startups.
- Investment Focus Areas: Artificial intelligence, cybersecurity, fintech
- Notable Investments: Indiegogo, Plated, Socure
- Deep Fork Capital
- Details: Deep Fork Capital is a venture capital firm that focuses on early-stage investments. They are known for their hands-on approach in helping startups grow.
- Investment Focus Areas: Technology, consumer products, healthcare
- New Science Ventures
- Details: New Science Ventures is a venture capital firm that invests in companies developing breakthrough technologies. They have a global investment reach.
- Investment Focus Areas: Life sciences, information technology, energy
- Digital Garage
- Details: Digital Garage is a Japanese company that provides investment and incubation services for startups. They have a strong presence in the digital and technology sectors.
- Investment Focus Areas: Digital marketing, fintech, blockchain
- Notable Investments: Twitter, LinkedIn, Path
- Atomico
- Details: Atomico is a European venture capital firm founded by Skype co-founder Niklas Zennström. They focus on helping disruptive technology companies scale globally.
- Investment Focus Areas: Software, fintech, healthcare
- Notable Investments: Klarna, Supercell, Lilium
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like Entrupy and gather other critical business insights. Sign up for free today and unlock the potential of data-driven decision-making.
