Redrock Biometrics on SeedInvest
Tech

Redrock Biometrics

Authentication software company providing palm biometrics for consumer retail
San Francisco, 
CA
Investment type:
Equity
(Preferred Equity (Series A))
Target raise:
$315,000
 - $5,000,000
Minimum investment:​
$999
End date:
Mar 05, 2022
ended
Highlights

  • Key clients and partners include Mastercard, Nomura Research Institute, and Trust Stamp
  • Palm print ID technology has two granted patents and nine patent applications pending
  • Achieved 73% YoY revenue growth from 2019 to 2020 (audited) and 2021 revenue run rate (Q1-Q3) represents an 80% growth compared to 2020 (2021 unaudited)
  • Founded by leaders in the technology space, with a combined of 40 years of experience in computer vision
  • Key investors include Wells Fargo, which invested after graduation from the Wells Fargo Startup Accelerator program in 2018