Your opportunity to invest into the transition to Self-Sovereign IdentityInvestor Deck (pdf)
Self Sovereign Identity (SSI) is poised to replace centralized identity and access management systems, and their 40 year legacy of the surveillance economy, data loss, insecurity, lack of privacy and password troubles. It is also going to enable data spaces, zero trust networks and the ecosystem economy.
New to Self Sovereign Identity? During the Token Summit 2022 in Liechtenstein, our CEO Georg Greve gave a 15 minute introduction that may be helpful:
The concept of decentralised identity has only recently been made possible by distributed ledger technologies, and is among the fastest growing and most exciting areas in Information Technology promising rapid adoption across all sectors of industry.
This is highlighted in particularly by regulatory adoption, such as the European Union almost being ready with its update of the eIDAS Regulation (EU) 910/2014 on electronic identification and trust services for electronic transactions in the internal market. Or Switzerland working with priority on a new law that will make all Swiss citizens users of an eID built as decentralised SSI system.
Who we are
Founded in 2017 in Switzerland, Vereign is a pioneer of Self Sovereign Identity products and applications with a focus on user experience and simplicity. Our international team is one of the most advanced and experienced in products incorporating SSI, with a diverse background in payments, messaging and online collaboration technologies.
In 2022, we built the Organizational SSI Components and Personal Wallet reference implementations of the GAIA-X Federation Services (GXFS), which were presented at the Gaia-X Summit in Paris, France where 360 members came together to update each other on progress made and next steps. The agenda of this conference highlights the many sectors that are now looking to adopt our stack, which we continue to develop with our many partners in the field.
Working with the Eclipse Foundation and others, our plan for 2023 is to make this stack the common reference platform for the industry, much like Linux is the common reference platform for the cloud. Like Red Hat does for Linux and the cloud, Vereign will provide the competency, services, support and assurances required to run this software solution in a compliant and robust way.
Whether it is one of the many Gaia-X projects and local hubs, the many use cases enabled and defined by version 2.0 Regulation (EU) No 910/2014 of the European Parliament and of the Council – more commonly known as eIDAS – and the future Swiss eID.
Vereign will be the trusted partner for governments, companies and individuals across the world in their many use cases for Self-Sovereign Identity.
Why we are raising funds
Starting with a strong group of renowned and experienced investors, such as R3, aeternity and CV VC, we built up the components, the experience and the team to execute. As a result, in 2022 we managed to finance ourselves organically through projects with strategic value. Now, we have a well deserved reputation for competency and professional capability, as well as a strong portfolio of initial products.
Our network has grown to include companies such as T-Systems, Bosch and Swisscom, the Linux Foundation, Eclipse Foundation and the German Association of the Internet Industry (ECO).
Now we are working on the second phase specification of the GXFS services while we are in discussions with companies across Europe that seek to deploy SSI across different projects in 2023. Sectors for these conversations span as far as public administration, automotive, and cloud.
Everything points toward a very successful couple of years ahead, but we need to start growing our team, as well as increase sales and marketing capacity to harvest that potential.
Yet company development at this stage is always fragile. Which is why we seek to make this endeavour more antifragile with democratized ownership. Working on a decentralised identity, the idea of decentralised ownership of the company is perfectly aligned with our ideals and values. Which is why we decided to make a first, limited offer of 5’000 shares available on Aktionariat.
So this is one of the few opportunities to directly invest into the transition toward Self- Sovereign Identity by becoming shareholder of one of the most effective teams in this area.
Why it is the right time to invest
We have grown from 20K CHF in 2020 to well over 1 million CHF net sales in 2022 - and aim for a Series A fundraiser within the next 2-3 years.
A successful digital share sale today will allow us to hit the ground running, with more sales capacity, and to leverage our successful reference projects on a broad scale.
As a digital share investor, you will not only get the chance to be part of the upside of the shift towards SSI across industry as a whole, but also get the opportunity to benefit from the appreciation of the upcoming fundraiser – a unique opportunity thus far available to our larger investors only.
Become a shareholder
- Enter the amount of shares you want to purchase
- Select method of payment (bank transfer) or currency of payment (ethereum/cryptofranc)
- Finalize purchase
- For any questions on how to purchase, please drop us an email at firstname.lastname@example.org and we’ll get back to you.
Vereign AG is a Swiss corporation corporation based in Zug with trade register number CH-170-3041763-8. Our purpose is to build, provide and support products for Self-Sovereign Identity across multiple use cases. The capital is divided into 165′732 shares with a nominal value of 1 CHF each, out of which 11′849 shares are held by the company itself. The remainder of shares is split between co-founders and investors, with no shareholder individually holding 20% or more.
(starting from Aug 30 2022)
Not using the Aktionariat wallet, or received your shares directly from an existing shareholder and not through the Aktionariat brokerbot? Please register your shares here to enjoy your full shareholder rights.