What Sedicii does

Sedicii is an Irish-based privacy-preserving identity verification technology company that enables organisations to verify identity and compliance data without exposing or sharing underlying personal information. Founded in 2013 and headquartered in Waterford, Ireland—with a secondary office in Salisbury, United Kingdom—the company targets regulated industries including financial services, insurance, government entities, pension providers, legal firms, and cybersecurity organisations. Its primary value proposition is the use of zero-knowledge proofs (ZKP) and a patented form of secure multiparty computation called Messageless Computation (MLC) to validate that an identity exists across multiple authoritative data sources without transmitting or storing the raw data itself, addressing synthetic identity fraud and cross-organisation data-sharing limitations under GDPR, eIDAS 2.0, and AMLD.

The company's core product is KYCexpert, a modular Collaborative Attribute Verification platform that combines identity verification, liveness detection, biometric matching, risk assessments, and background screening in a single API. This core platform is complemented by specialised modules including Age Verification, Biometric Identity Verification, Address Verification (powered by an exclusive data partnership with ESB for Ireland and Northern Ireland), Confirmation of Payee, and Verified Digital Signing. The technical backbone is delivered through a single unified API, with Sedicii holding ISO 27001:2022, SOC 2 Type 1 and Type 2, and IASME Cyber Essentials certifications, and claiming compliance with 150+ regulations.

Sedicii operates as a privately held, for-profit company (Sedicii Innovations Limited, Ireland; Sedicii Limited, UK) generating revenue through enterprise SaaS subscriptions with quote-based pricing. Go-to-market is direct enterprise field sales, targeting financial institutions, government bodies, insurers, and regulated businesses, with demo bookings via HubSpot and direct email as the primary conversion mechanism. The company has raised approximately $3.3M cumulatively across rounds from Enterprise Ireland, IQT (In-Q-Tel), Zone2boost, and Oxygen Accelerator, and has been recognised by the World Economic Forum as a Technology Pioneer and won multiple innovation awards including Tech Tour Deep Tech, Red Herring Top 100 Europe, and BBVA Fintech and Regtech awards. In January 2025, it was selected for the Central Bank of Ireland's inaugural Innovation Sandbox Programme on financial crime.

Name

Sedicii

Legal name

Sedicii Innovations Limited

Website

https://sedicii.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Sedicii is an Irish privacy-preserving identity verification company that uses zero-knowledge proofs and patented multiparty computation to enable banks, insurers, governments, and other regulated enterprises to verify identities and compliance data in real time without exposing underlying personal information.

Ownership category

akta.pro rank

Product category

Identity Verification Software

NAICS

Credit Bureaus (561450)

akta.pro primary industry

Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA)

akta.pro secondary industries

Identity Verification, Proofing & KYC (IDV) (HDAEAJAI), Data, Evidence & Document Verification (IDV) for KYC (FSAMAMAN), Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF), Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI)

Keywords

• Identity verification software
• Zero-knowledge proofs
• Secure multiparty computation
• KYC compliance automation
• Privacy-enhancing technologies

Headquarters

HQ city

Waterford

HQ country

Ireland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Platform/SaaS Subscription: Sedicii operates primarily as a SaaS/platform subscription model, providing access to its KYCexpert platform and verification APIs. The company offers subscription-based access to its identity verification and compliance solutions for enterprise clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Sedicii provides enterprise identity and attribute verification software through its KYCexpert platform, using zero-knowledge proofs, secure multiparty computation, and patented messageless computation. It enables regulated businesses and public-sector organizations to verify KYC, KYB, AML, identity, age, address, signing, and payment data in real time without exposing underlying personal data.

Product overview

Sedicii is a pioneering technology company specializing in secure, collaborative data verification and identity authentication solutions. The company offers KYCexpert as its core modular platform for Collaborative Attribute Verification, which includes KYC, KYB, and secure customer attribute verification across collaborative communities. This core platform is complemented by specialized verification modules including Age Verification, Biometric Identity Verification, Address Verification in Ireland, Verified Digital Signing, and Confirmation of Payee (CoP) solutions. All products leverage advanced cryptographic techniques, particularly zero-knowledge proofs (ZKP) and multiparty computations (MPC), to enable real-time identity verification and secure data-sharing without exposing underlying data. The portfolio serves sectors including Financial Services, Insurance, Government Registers, Legal, Cybersecurity, IT Services, Pension Providers, and Business Services.

Differentiator

Problem solved

Functional benefit

Brands

• KYCexpert: A modular platform for Collaborative Attribute Verification providing KYC, KYB and secure customer attribute verification across collaborative communities.
• PHACKS

Products and services

• KYCexpert A modular platform for Collaborative Attribute Verification that provides KYC, KYB, AML, identity verification, liveness detection, risk assessments, and background screening for regulated organizations.
• Age Verification A solution that proves a person's age using an identity document or trusted data with zero-knowledge proofs, without storing data or using cookies, and supports biometrics, age ranges, and parental consent.
• Biometric Identity Verification An identity-verification solution combining document verification and facial biometric matching for secure, fraud-resistant customer onboarding.
• Address Verification in Ireland An address-verification solution for Ireland and Northern Ireland that uses authoritative ESB data to validate customer addresses in real time without sharing the underlying data.
• Verified Digital Signing A digital-signing solution in which each signature is backed by verified identity, cryptographic security, and a tamper-proof audit trail.
• Confirmation of Payee (CoP) A secure, cross-border Confirmation of UK payee solution for Irish businesses that provides real-time identity and data verification to reduce fraud.

Named customers6 records

Segments8 records

Ideal customer profiles8 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core and flagship.

• Central Bank of IrelandcoreStrategic or Co-development Partner · 11 January 2025Sedicii was selected as one of seven ventures for the Central Bank of Ireland's inaugural innovation sandbox programme focused on combating financial crime. The sandbox runs for a minimum of six months, with Sedicii working alongside PTSB (Ireland) on KYC verification using zero-knowledge proofs. Selected from 38 applicants.
• PTSBcoreStrategic or Co-development Partner · 11 January 2025Permanent TSB (PTSB) is collaborating with Sedicii in the Central Bank of Ireland innovation sandbox programme, working together on KYC verification using zero-knowledge proofs for financial crime prevention.
• ESBcoreTechnology or IntegrationESB (Electricity Supply Board), Ireland's national utility provider, is the authoritative data source for Sedicii's address verification solution in Ireland and Northern Ireland. Sedicii leverages ESB's authoritative data directly to validate customer addresses in real-time without sharing data.
• European Centre of Competence for Cybersecurity (ECCC)flagshipStrategic or Co-development PartnerThe ECCC sponsors Project PHACKS (Platform for High Assurance Collaborative Knowledge Sharing), an EU-funded commercialisation initiative led by Sedicii to develop markets for advanced privacy-preserving technologies where data collaboration is at the core. The ECCC has shown particular interest in using Sedicii's ZKP platform to improve cybersecurity competence through increased collaboration.
• EU (Project PHACKS)flagshipStrategic or Co-development PartnerProject PHACKS is an EU-funded commercialisation initiative aimed at developing the market for advanced privacy-preserving technologies where data collaborations are at the core. The project focuses on creating solutions enabling secure and privacy-respecting access to digital services and resources, leveraging Sedicii's cryptographic techniques including zero-knowledge proofs and secure multiparty computation.

Scale indicators4 records

Recent moves6 records

Expansion highlights12 records

Direct peers

• Trulioo: Global identity verification and business verification (KYB) provider with cross-border coverage in 195+ countries. Trulioo's GlobalGateway platform competes directly with Sedicii's unified API for KYC, KYB, and AML compliance across regulated industries.
• Persona: Unified identity platform providing KYC, KYB, fraud detection, and account verification for fintechs and large enterprises. Persona's configurable verification flows overlap with Sedicii's KYCexpert and risk assessment capabilities.
• Onfido (Entrust): Direct competitor offering AI-powered KYC, document verification, and biometric identity verification to financial institutions and regulated businesses. Now part of Entrust, Onfido competes head-to-head with Sedicii for enterprise KYC/AML contracts, with significantly larger scale and funding.
• Jumio: Global identity verification provider offering KYC, KYB, and AML onboarding for banks, fintechs, and crypto firms. Jumio's end-to-end IDV platform overlaps directly with Sedicii's KYCexpert offering, particularly for financial services and regulated enterprise customers.
• Veriff: AI-driven identity verification platform serving financial services, mobility, and online marketplaces. Veriff's biometric document verification and AML screening compete directly with Sedicii's KYCexpert and Biometric Identity Verification modules.
• Yoti: Digital identity platform offering age verification, document verification, and reusable digital ID — a particularly close peer to Sedicii in age verification, biometrics, and privacy-preserving identity use cases across regulated industries.
• iDenfy: Identity verification and AML compliance provider serving fintechs, banks, and crypto platforms. iDenfy's biometric KYC and KYB services compete with Sedicii's core offering, particularly for SME and mid-market financial institution clients.
• Prove (formerly Payfone): Digital identity and authentication provider focused on mobile-first identity verification, possession verification, and KYC for financial services and telecoms. Prove's identity and possession verification solutions overlap with Sedicii's biometric and authoritative-data verification approaches.

Broad incumbents

• Socure: Large-scale identity verification and fraud platform serving major US banks and fintechs. Socure's broad KYC, AML, and synthetic identity fraud capabilities overlap with Sedicii's offering but at materially larger enterprise scale and US-centric footprint.
• ID.me: Digital identity network providing identity verification and group affiliation verification for US government agencies, healthcare, and financial services. Overlaps with Sedicii on KYC, age verification, and government-issued digital identity use cases, though with US-centric scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/gbrsedicii
• Facebookfacebook.com/Sedicii
• LinkedInlinkedin.com/company/3260772

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds5 records

Investors5 records

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 Sedicii