Evernym
Evernym is a private US software company developing decentralized, self-sovereign identity and verifiable credentials technology, offering MFA, biometric authentication, cryptography, privacy management, and IAM solutions to enterprises, governments, and SMBs across financial services, healthcare, public sector, and commerce.
- Company typePrivate
- Founded2014
- HeadquartersDraper, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Evernym does
Evernym is a private US software company founded in 2014 that develops decentralized, self-sovereign identity and verifiable credentials technology for enterprise, government, and SMB buyers. Its platform spans five core product lines — Digital Identity System (MFA and SSO), Cryptographic Solutions (data encryption and digital signatures), Privacy Management Solutions (data access control and compliance), Security Tools (threat monitoring and vulnerability analysis), and Management Solutions (IAM and digital certificate management) — augmented by named modules including Travel Pass (a travel credential management platform aligned with GDPR, IATA, and PCI-DSS), ConnectMe 2 (an MFA platform), and iRespond (biometric authentication). The company's underlying architecture is built around APIs and SDKs distributed through a registration-gated developer portal, enabling integration into customer applications.
The business model combines recurring software subscriptions, usage-based developer access, and professional/managed services tied to customized enterprise deployments. Pricing is quote-based and not publicly disclosed, with customer engagement routed through email and phone. Go-to-market spans enterprise field sales targeting financial services, healthcare, public sector, and commerce, alongside an API-first developer motion and a direct-to-consumer surface (Travel Pass). Self-attested regulatory coverage spans GDPR, HIPAA, PCI-DSS, IATA, CCPA, eIDAS, FISMA, and SOX, positioning the platform for procurement in regulated verticals. Capital history includes approximately $16.5M raised across 2017 and 2019 rounds, with strategic financial-sector backing from Barclays Ventures and Medici Ventures; no subsequent funding activity, customer logos, revenue figures, M&A, or leadership changes are disclosed in the input.
Evernym firmographics
Firmographics- Name
- Evernym
- Legal name
- Evernym
- Website
- https://evernym.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Evernym is a private US software company developing decentralized, self-sovereign identity and verifiable credentials technology, offering MFA, biometric authentication, cryptography, privacy management, and IAM solutions to enterprises, governments, and SMBs across financial services, healthcare, public sector, and commerce.
- Ownership category
- akta.pro rank
Evernym industry classification
Industry- Product category
- Digital Identity & Access Management
- NAICS
- Custom Computer Programming Services (541511), Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Decentralized Identity (DID) & Verifiable Credentials (BPAMAEAJ)
- akta.pro secondary industries
- Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE), Identity & Access Security Services (IAM, PAM, Zero Trust) (BPAKAHAI)
Keywords
Where Evernym is headquartered
LocationHeadquarters
- HQ city
- Draper
- HQ country
- United States
- HQ region
- North America
Markets served
Evernym business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Software product sales (Digital Identity, Cryptography, Privacy, Security, IAM): Selling a portfolio of digital identity, cryptography, privacy, security, and management solutions to enterprises, governments, and SMBs; offerings are positioned as customizable and scalable, suggesting both packaged software and customized deployments.
- Customized enterprise solutions and ongoing support: Personalized approach delivering tailored solutions to meet each client's specific requirements, backed by prompt technical support, indicating a professional services / managed services revenue component alongside software.
- Developer portal access (APIs/SDKs): Access to APIs, SDKs, and documentation is gated by registration on the developer portal, consistent with usage-based or subscription-based developer monetization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Quote-based / Not publicly disclosed |
Go-to-market motion4 records
Evernym product offering
Product offeringCore offering
Evernym develops and sells software for decentralized, self-sovereign digital identity built on verifiable credentials technology. Its offerings span digital identity management, multi-factor authentication, single sign-on, encryption, digital signatures, privacy/compliance controls, threat monitoring, IAM, and digital certificate management, delivered via named products (Travel Pass, ConnectMe 2, iRespond) and developer APIs/SDKs to enterprise, government, healthcare, and commerce clients.
Product overview
Evernym offers a platform-plus-modules architecture spanning five core product lines (Digital Identity System, Cryptographic Solutions, Privacy Management Solutions, Security Tools, and Management Solutions) that together form a comprehensive suite of digital identity, cryptography, privacy, security, and governance offerings. Built around the company's expertise in verifiable credentials technology (founded in 2014), the platform is anchored by flagship offerings such as Travel Pass (a travel information management solution with digital identification, encryption, and IATA/GDPR compliance), ConnectMe 2 (an MFA-supporting identity management platform), and iRespond (biometric authentication technology). These modules integrate with one another — for example, iRespond layers biometric factors into ConnectMe 2's MFA framework, while Travel Pass combines the Digital Identity System's verification features with Cryptographic Solutions' data encryption — to deliver end-to-end protection across industries including financial services, healthcare, public sector, and commerce.
Differentiator
Problem solved
Functional benefit
Brands
- Travel Pass: An in-house platform that provides secure and convenient management of travel information, integrating digital identification and cryptography technologies for travel planning and document verification.
Companies that use Evernym
Customer profileIdeal customer profiles2 records
Evernym technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Evernym partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights6 records
Evernym competitors and assessment
Company assessmentDirect peers
- Trinsic: Trinsic offers a verifiable credentials and digital identity network with an API/SDK model, making it a near-direct competitor to Evernym's developer-portal and credential-issuance stack.
- Indicio: Indicio is a direct peer specializing in decentralized identity and verifiable credentials software for governments and enterprises, competing head-to-head with Evernym in the same self-sovereign identity category.
- MATTR: MATTR builds a verifiable credentials platform with APIs and SDKs for issuing and verifying digital credentials, overlapping directly with Evernym's developer-first decentralized identity offering.
- Dock Labs: Dock Labs provides a decentralized digital identity and verifiable credentials platform with APIs, positioning it as a close comparable to Evernym in the self-sovereign identity category.
Broad incumbents
- Auth0: Auth0 (now part of Okta) is a developer-first identity platform that competes with Evernym's API-first motion for authentication, SSO, and access management use cases.
- Okta: Okta is a broad IAM incumbent offering MFA, SSO, and increasingly identity verification; it overlaps with Evernym's Digital Identity System and ConnectMe 2 modules across a much larger enterprise footprint.
- Microsoft Entra Verified ID: Microsoft Entra Verified ID is Microsoft's decentralized identity product built on the same verifiable credentials standards Evernym uses, giving enterprise buyers a bundled alternative inside the Microsoft cloud ecosystem.
- Ping Identity: Ping Identity is an established enterprise IAM/SSO vendor; its identity verification and federated identity capabilities overlap with Evernym's broader identity and access management solutions.
Emerging players
- Onfido: Onfido offers AI-driven identity verification and biometric authentication that complements or substitutes for parts of Evernym's identity verification and iRespond offerings.
- Jumio: Jumio provides identity verification and biometric authentication for financial services and travel, partially overlapping with Evernym's Travel Pass and iRespond capabilities.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Evernym social profiles
Digital presenceEvernym financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evernym leadership team
Management profileNumber of profiles
Profiles3 records
Evernym funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evernym M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evernym
What does Evernym do?
Evernym develops and sells software for decentralized, self-sovereign digital identity built on verifiable credentials technology. Its offerings span digital identity management, multi-factor authentication, single sign-on, encryption, digital signatures, privacy/compliance controls, threat monitoring, IAM, and digital certificate management, delivered via named products (Travel Pass, ConnectMe 2, iRespond) and developer APIs/SDKs to enterprise, government, healthcare, and commerce clients.
Is Evernym a public or private company?
Evernym is a private company. It is classified as venture growth investor backed and is currently operating.
When was Evernym founded?
Evernym was founded in 2014. It employs 11 to 50 people.
Where is Evernym based?
Evernym is headquartered in Draper, United States, in the North America region.
How does Evernym make money?
Three revenue lines are on record. Software product sales (Digital Identity, Cryptography, Privacy, Security, IAM) is the primary driver. The others are customized enterprise solutions and ongoing support and developer portal access (APIs/SDKs).
Who are Evernym's main competitors?
Direct peers on record are Trinsic, Indicio, MATTR and Dock Labs. Broad incumbents are Auth0, Okta, Microsoft Entra Verified ID and Ping Identity. Emerging players are Onfido and Jumio.
Does Evernym have an API?
Yes. Evernym offers user-friendly APIs and SDKs that allow developers to integrate digital identity, cryptography, privacy, security, and governance features into their applications. The APIs support authentication, access control, secure data storage, and encryption features. The developer portal provides registration, documentation, code samples, guides, test environments, and technical support.
What industry is Evernym in?
Evernym's product category is Digital Identity & Access Management. Its primary akta.pro industry code is BPAMAEAJ, Decentralized Identity (DID) & Verifiable Credentials, with a secondary code of BPAMAEAE, Authentication (MFA/Passwordless/Biometrics) Platforms. Its NAICS code is 541511 and its SIC code is 7372.