What Credivera does

Credivera (legally TerraHub Technologies Inc.) is a Calgary-based digital identity company founded in 2017 that operates an exchange for verifiable credentials, primarily serving employers, issuers, and workers in regulated and high-risk industries such as construction, energy, healthcare, and education. The company's core offering, the Credivera Exchange, uses a permissioned distributed ledger built on Microsoft Azure infrastructure and conforms to the W3C Verifiable Credentials standard, enabling tamper-proof issuance, storage, and verification of workforce credentials through mobile digital wallets held by individuals. The platform was the first product certified as compatible with Microsoft Entra Verified ID, and is complemented by Verifiable Documents, a Daily Check health attestation module, the Oliu™ identity verification technology (conditionally acquired from ATB Ventures in February 2025), and a VC PaaS offering that allows partners and institutions to build credentialing solutions on Credivera's infrastructure.

Credivera monetizes through a subscription-based enterprise SaaS model with quote-based, tiered pricing aligned to usage volume and feature access. Go-to-market is enterprise field sales targeting large organizations in regulated verticals, supported by distribution partnerships with organizations such as Inteleos, National Student Clearinghouse, Mintz Group, CANA Group, and Microsoft. Customer segments include Construction & Energy (primary), Healthcare & Life Sciences (primary), Staffing & Recruitment, Associations & Professional Bodies, and Education & Training Institutions, with active deployments across more than 30 countries. The company is approved to sell to the Government of Canada under the Innovative Solutions Canada Pathway to Commercialization program and operates from offices in Calgary, Toronto, and Gatineau with 11-50 employees.

The company's stated competitive advantages include its first-mover position as a Microsoft Entra Verified ID-certified provider in Canada, standards-based interoperability (W3C, DIDs, OpenID Federation, ToIP), privacy-preserving verification, and a growing cross-vertical ecosystem of issuers, verifiers, and holders. Named logos span CANA Group, Mintz Group, Agilus, We Know Training, CEL Electrical Contractors, National Student Clearinghouse, OPSWA, Inteleos, BCRSP, BlueSteps, TruMerit, and BTNX, alongside federal government procurement eligibility. Revenue, funding totals, and valuation are not disclosed in available data.

Name

Credivera

Legal name

TerraHub Technologies Inc.

Website

https://credivera.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Credivera operates a Microsoft Azure-based verifiable credentials exchange and digital wallet, serving employers, training providers, and workers in construction, energy, healthcare, and education across 30+ countries with W3C-compliant credential issuance and verification.

Ownership category

akta.pro rank

Product category

Digital Identity & Workforce Credential Verification

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Transcript, Score Reporting & Verification/Credential Wallet Platforms (EDAFADAO)

akta.pro secondary industry

Credential, Education & Professional License Verification (BPAKAEAI)

Keywords

• Digital identity verification
• Verifiable credentials platform
• Workforce credential management
• Blockchain credential exchange
• Decentralized identity solutions

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription-based SaaS: Recurring subscription revenue model for platform access, credential issuance, and verification services. Enterprise licensing with tiered pricing based on usage volume and feature access.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Credivera provides the Credivera Exchange, a SaaS platform for issuing, managing, verifying, and sharing tamper-proof digital workforce credentials built on permissioned distributed ledger (blockchain) technology and W3C Verifiable Credentials standards. The platform is complemented by the Credivera Digital Wallet for credential holders and VC PaaS for partner and institutional deployments, serving employers, training issuers, and recruiters in regulated industries such as construction, energy, healthcare, and education.

Product overview

Credivera offers a comprehensive verifiable credentials ecosystem comprising the Credivera Exchange as the flagship platform, the Credivera Digital Wallet for individual credential holders, and VC PaaS for partner and institutional deployments. The platform supports Verifiable Credentials and Verifiable Documents modules that enable employers, issuers, and workers to issue, store, verify, and share digital credentials using globally accepted standards and cryptographic verification. Additional modules include the Daily Check health attestation module and the acquired Oliu™ identity verification technology. The Credivera Exchange is designed for high-risk regulated industries including construction, energy, healthcare, and manufacturing, supporting workforce credentialing in over 30 countries worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Credivera Exchange The flagship SaaS platform connecting employers, credential issuers, and workers through a secure, open exchange for verifiable credentials, optimizing personal privacy and trust with up-to-date credentials secured in a digital wallet. Designed for enterprise buyers in regulated industries including construction, energy, healthcare, and manufacturing.
• Credivera Digital Wallet Mobile-based digital wallet that allows individual workers to securely store, manage, and share their verifiable credentials with employers, training providers, and other verifiers. Credentials are tamper-proof, time-stamped, and verified directly from issuing organizations.
• VC PaaS (Verifiable Credential Platform as a Service) Platform-as-a-service offering that enables organizations, partners, and educational institutions to build credentialing solutions on top of Credivera's infrastructure, integrating education verification and other credential types into a verifiable credential ecosystem.
• Oliu™ Identity Verification Multi-layered identity verification technology providing real-time identity verification and increased control over personal identity data, originally an ATB Ventures product that Credivera embedded within its workforce credential verification solution for faster and more secure onboarding workflows.

Named customers7 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

21 partnerships are on record, tiered flagship, core and minor.

• MicrosoftflagshipTechnology or IntegrationMicrosoft Partner Network member and Entra Verified ID specialist. Integration with Microsoft Entra Verified ID platform enabling decentralized identity and verifiable credentials within Microsoft ecosystem.
• Mintz GroupcoreStrategic or Co-development PartnerStrategic partnership for background screening integration. Combines Credivera's verifiable credentials with Mintz Group's background screening services for comprehensive verification.
• Northern BlockcoreStrategic or Co-development PartnerStrategic partnership for trust ecosystems. Collaboration on decentralized identity and trust framework development for verifiable credentials.
• National Student ClearinghousecoreStrategic or Co-development PartnerStrategic partnership for education credential verification. Enables verification of academic credentials and diplomas through the Clearinghouse network.
• InteleoscoreStrategic or Co-development PartnerHealthcare credentialing partnership for ultrasound and medical imaging professionals. Integration of credential verification for healthcare workforce.
• CANA Group of CompaniescoreStrategic or Co-development PartnerDigital workforce partnership for construction industry. Credential management solution for CANA's workforce across construction and maintenance operations.
• AgiluscoreTechnology or IntegrationMicrosoft Entra Verified ID partnership for workforce credentials. Integration enabling Agilus workers to have verifiable digital credentials.
• We Know TrainingcoreTechnology or IntegrationIntegration partnership for training credential certification. Enables training organizations to issue verifiable credentials for completed programs.
• ATB VenturescoreStrategic or Co-development PartnerPartnership related to Oliu platform acquisition. ATB Ventures is the venture arm of ATB Financial supporting innovation in digital identity.
• OPSWAcoreStrategic or Co-development PartnerOntario Personal Support Workers Association partnership for healthcare worker credential verification. Digital credentials for personal support workers in Ontario.
• AECO Innovation LabminorStrategic or Co-development PartnerPartnership for AEC (Architecture, Engineering, Construction) industries. Collaboration on credential solutions for the construction sector.
• BCRSPcoreStrategic or Co-development PartnerBoard of Canadian Registered Safety Professionals partnership. Credential verification for safety professionals with BCRSP certifications.
• LINKS InstituteminorStrategic or Co-development PartnerVocational institute partnership for credential verification. Enables credential management for vocational training programs.
• BlueStepsminorStrategic or Co-development PartnerExecutive digital wallet partnership. Credential verification services for executive-level professionals through BlueSteps platform.
• TruMeritcoreStrategic or Co-development PartnerHealthcare credential partnership for nursing and medical professional credentials. Verification of healthcare worker qualifications and certifications.
• In-Sec-MminorGTM or Marketing PartnerCybersecurity cluster membership for technology and security collaboration. Access to cybersecurity ecosystem and expertise.
• AMC Institute CanadaminorGTM or Marketing PartnerAssociation Management Company partnership for member credentialing solutions. Services for association management and member verification.
• Progressive Contractors Association of Canada (PCA)minorGTM or Marketing PartnerConstruction industry association partnership for workforce credential solutions. Member benefits and credential verification services.
• Canadian Society of Association Executives (CSAE)minorGTM or Marketing PartnerAssociation executive network partnership. Credential solutions for professional associations and member organizations.
• Recruitment Partners Inc.minorGTM or Marketing PartnerRecruitment firm partnership for candidate credential verification. Background and credential checking services for hiring.
• Wellness Works CanadaminorGTM or Marketing PartnerWorkplace wellness partnership for employee wellness credential verification. Integration with workplace wellness programs.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Microsoft Entra Verified ID: Microsoft's first-party verifiable credentials platform within Entra ID, with whom Credivera is both an integration partner and a competitor. Highly comparable because they target the same use cases (decentralized identity, workforce credentialing) with the same underlying W3C standards, but Microsoft bundles it as part of a broader identity suite rather than specializing in the verifiable-credentials niche.
• IDEMIA: Global identity and credentialing provider offering government IDs, civil registration, and digital identity solutions at massive scale. Comparable to Credivera because both deliver verifiable digital identity infrastructure, though IDEMIA operates at far larger scale and across physical/digital identity, while Credivera focuses narrowly on workforce credentials.

Direct peers

• Indicio: Open-source decentralized identity and verifiable credentials company offering professional credentialing, travel credentials, and government ID solutions. Highly comparable to Credivera because it sells a similar verifiable-credentials platform to governments and enterprises using the same W3C/DID standards, with comparable scale and customer mix.
• MATTR: Verifiable credentials and decentralized identity platform targeting governments, enterprises, and standards-driven ecosystems. Highly comparable to Credivera because it offers a similar W3C-compliant verifiable credentials platform with comparable positioning around cross-border, regulated-industry use cases.
• 1Kosmos: Decentralized identity and verifiable credentials platform focused on workforce onboarding, KYC, and passwordless authentication. Highly comparable to Credivera because both target enterprise and government buyers for verifiable identity and workforce credentials using similar standards-based architectures.
• Trinsic: Developer-first verifiable credentials platform offering APIs and infrastructure for issuers, holders, and verifiers. Comparable to Credivera because it sells a similar W3C/DID-based credential infrastructure, though Trinsic skews more developer/PaaS while Credivera focuses on enterprise employer/issuer verticals.
• Dock Labs: Verifiable credentials and decentralized identity platform offering credential issuance, verification, and wallet infrastructure. Comparable to Credivera because both serve enterprise credentialing use cases on W3C standards, though Dock has broader geographic and developer presence.
• Northern Block: Canadian decentralized identity and trust-registry company (partner of Credivera). Comparable because both build W3C/DID/ToIP compliant trust infrastructure for verifiable credentials, with overlapping customer bases in Canadian government and enterprise buyers.
• Learning Machine / Hyland Credentials: Blockcerts-anchored verifiable credentials platform (acquired by Hyland) issuing portable digital academic and professional credentials. Comparable to Credivera because both target the same academic/workforce credential-issuance market with similar blockchain-anchored, W3C-aligned architectures.

Others

• National Student Clearinghouse: Major US education verification and credential records service (partner of Credivera). Comparable as an adjacent player because both serve education credential verification use cases, though Clearinghouse is a traditional records-verification incumbent that has partnered with Credivera to add verifiable credential capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/crediveratech
• YouTubeyoutube.com/channel/UCRNLVMpFNTggqyixLs6SlZg
• LinkedInlinkedin.com/company/credivera

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors3 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 Credivera