nVIAsoft

Biometric Security in Your Hands

Company Information

Website:

https://www.nviasoft.com/

Sector:

Security Services

Location:

Newark, NJ

nVIAsoft is putting digital security in your hands… literally.

It’s developed patented technology called Verihand, which creates a unique digital identification using your hand’s biometric pattern. Verihand reads your entire hand, rather than individual fingers or palm. This creates a strong, contactless authentication process.

nVIAsoft’s solution is a form of biometrics technology, a market projected to reach nearly $60 billion by 2025. This is a much-needed market, as more than 155 million individuals had their personal data either exposed or stolen in 2020. Even today, there’s a new victim of identity theft every two seconds.

Verihand is intended to replace passwords, key fobs, personal IDs, and magnetic cards. nVIAsoft received a patent for its technology in 2017 and introduced it in 2019. The company has partnerships with those in the manufacturing, data infrastructure, telecommunications, and technical support markets.

Team Background

Bernard Garcia - Founder & CEO
Don Gerraputa - Chief Operating Officer

Co-Investors

Raising
$1.07 million
Committed
$85.681K (8%)
Current Valuation
$93.7 million
Min. Investment
$400
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
Notable Investors
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