What Truvity does

Truvity B.V. is a privately held Dutch digital identity infrastructure company founded in 2021 and headquartered in Amsterdam. The company provides an API-first self-sovereign identity (SSI) platform, headlined by its EUDIW Connector, which enables regulated organizations to verify digital credentials from EU Digital Identity Wallets (via the OpenID4VP protocol) and to issue their own cryptographically signed credentials such as Electronic Attestation of Attributes (via OpenID4VCI). The platform supports both SD-JWT VC and ISO mdoc (18013-5) credential formats as specified by the EUDIW Architecture Reference Framework, and is ISO 27001 certified with stated compliance posture covering GDPR, eIDAS 2.0, NIS2, and DORA. The product is offered as both a managed cloud service and an on-premise deployment to satisfy data residency and security requirements of regulated buyers.

Truvity monetizes through a recurring subscription model, with billing in advance on daily, weekly, monthly, or annual terms depending on plan; specific pricing tiers are not publicly disclosed and enterprise deals are routed through direct field sales, including a structured "eIDAS 2.0 Strategy Call" motion and dedicated engineering consultations. Go-to-market is hybrid: API-first self-serve developer onboarding (public docs, admin panel, GitHub) is paired with enterprise sales targeting banks, insurance companies, and government/public sector organizations preparing for mandatory eIDAS 2.0 wallet acceptance (December 2026 wallets, December 2027 banks) and AMLR compliance (July 2027). Truvity positions compliance as the wedge and credential issuance as the follow-on growth lever, citing use cases spanning KYC, payment initiation, claims management, passwordless authentication, and tamper-proof certificate management. To date, the company has raised €8 million in seed funding (June 2023, Artek Group PLC) and counts VerumID as a publicly named customer relationship; its commercial scale remains undisclosed.

Name

Truvity

Legal name

Truvity B.V.

Website

https://truvity.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Truvity is an Amsterdam-based digital identity infrastructure provider offering an API-first platform that lets regulated organizations verify and issue credentials within the EU Digital Identity Wallet ecosystem in compliance with eIDAS 2.0. It targets banks, insurers, and government entities preparing for mandatory EUDI Wallet acceptance.

Ownership category

akta.pro rank

Product category

Digital Identity Infrastructure

NAICS

Computer Systems Design and Related Services (5415), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Federation & Identity Standards (SAML/OIDC/OAuth, Federation Hubs) (HDADAAAG)

akta.pro secondary industries

Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE), Cloud Identity & Access Management Infrastructure (IAM/IdP/MFA) (HDABAHAF), Identity & Authentication for Open Banking (SCA support, token exchange) (FSAGACAF)

Keywords

• Digital identity infrastructure
• EUDI wallet connector
• Verifiable credentials platform
• Self-sovereign identity
• EIDAS compliance software

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Platform Subscription: Truvity operates on a subscription-based model where organizations pay for access to the EUDIW Connector platform and related identity infrastructure services. The service is described as available 'only with a paid Subscription' and billed in advance on recurring periodic basis (daily, weekly, monthly, or annually depending on plan type selected).

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Truvity provides an API-first digital identity infrastructure platform that enables regulated organizations to connect to and interoperate with the EUDI Wallet ecosystem. The core product is the EUDIW Connector, which exposes modular APIs for issuing, presenting, and storing verifiable credentials, with built-in support for OpenID for VC, EAA issuance, and deep-link mobile handshakes. The platform is offered alongside a Self-Sovereign Identity Platform and Secure Certification documentation tools for organizations needing to operationalize eIDAS 2.0 compliant identity flows.

Product overview

Truvity is a platform company providing API-first digital identity infrastructure for the EUDI Wallet ecosystem and self-sovereign identity. The core offering consists of the EUDIW Connector (supporting both verification and issuance of credentials via OpenID4VP and OpenID4VCI protocols), supplemented by the Secure Certification module for tamper-proof credential management. The Trust Center provides centralized access to compliance documentation. Founded in 2021 and headquartered in Amsterdam, Truvity serves regulated industries including banking, insurance, and government sectors across Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• EUDIW Connector
• Secure Certification Compliance and certification documentation service that supports regulated organizations in evidencing security, privacy, and standards conformance for digital identity deployments.
• Self-Sovereign Identity Platform Broader platform providing self-sovereign identity capabilities including verifiable credential issuance, presentation, and storage for organizations building digital trust workflows under eIDAS 2.0.

Quantifiable outcome

• Reduces KYC onboarding from 30-50 days to hours through automated EUDI Wallet verification
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature8 records

Partnerships

Four partnerships are on record, tiered core.

• German EUDI-Wallet Deutschland SandboxcoreTechnology or IntegrationActive participation as both Relying Party (verifying credentials) and EAA Provider (issuing credentials) in the German national EUDI Wallet Sandbox. Successfully validated end-to-end EAA issuance flow and PID verification workflows aligned with eIDAS 2.0 requirements.
• ETSI (European Telecommunications Standards Institute)coreTechnology or IntegrationParticipation in 2026 ETSI EAA Plugtests testing interoperability at format-level across ~195 organizations. Validates cross-border credential verification and issuance with wallets, issuers, and relying parties from multiple EU member states.
• WE BUILD Payments Interest GroupcoreStrategic or Co-development PartnerJoined the WE BUILD Payments Interest Group, an open initiative within the WE BUILD Consortium. As the largest second-wave Large-Scale Pilot for EUDI Wallet, the consortium encompasses 200+ organizations across 27 countries co-funded by EU's Digital Europe program. Focus on defining digital wallet roles within payments ecosystem.
• OpenID FoundationcoreTechnology or IntegrationProtocol certification through OpenID Foundation conformance test suites for both OID4VP (verification) and OID4VCI (issuance) protocols, validating alignment with industry standards for EUDI Wallet interoperability.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Affinidi: Affinidi provides a decentralized identity and verifiable credentials platform built around reusable data and selective disclosure. Comparable technology stack and developer-first positioning targeting regulated and enterprise use cases.
• SpruceID: SpruceID provides a developer-first SSI / verifiable credentials platform with OpenID4VC support and DID methods. Directly comparable to Truvity on SSI tooling, API-first architecture, and enterprise developer onboarding.
• Sphereon: Sphereon is a Dutch/EU-based verifiable-credentials and digital-identity infrastructure provider active in EUDIW pilots. Closely comparable EU-headquartered peer competing for the same banking/regulated customers.
• Indicio: Indicio offers open-source verifiable-credential and DID infrastructure with professional services. Comparable to Truvity on SSI protocols and enterprise / government deployments.
• MATTR: MATTR builds a verifiable-credentials platform supporting OpenID4VP and OpenID4VCI with strong interoperability focus. Most direct comparable to Truvity on protocol stack and target use cases (issuance, verification, selective disclosure).

Broad incumbents

• IBM Security Verify: IBM Security Verify provides enterprise IAM, CIAM, and identity verification capabilities. Broad incumbent competing in the regulated-enterprise identity layer where Truvity also sells.
• Thales (Digital Identity & Security): Thales is a major provider of digital identity, eID, and verifiable credentials solutions used by EU governments and banks. Larger incumbent offering overlapping EUDIW capabilities as part of a broader identity/security portfolio.
• Microsoft (Entra Verified ID): Microsoft Entra Verified ID is Microsoft's enterprise wallet/verifiable-credential offering built into Azure AD/Entra. Large incumbent with deep enterprise IAM installed base that competes in the same EUDIW/RP space from a broader IAM portfolio.
• IDEMIA: IDEMIA is a global digital identity provider serving governments and financial institutions with eID, KYC, and credential issuance. Incumbent that overlaps with Truvity on regulated-identity workflows, especially for EU public sector and banking.

Regional players

• Verimi: Verimi is a Germany-based identity platform offering login, KYC, and wallet-like identity services. Comparable on EU digital-identity workflows but primarily serves the German market, making it a regional peer rather than a direct EU-wide competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/truvity
• LinkedInlinkedin.com/company/truvity-hq
• Xx.com/truvityhq

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Truvity