Privy

Privy

Digital identity and signature solutions provider

About Privy

Simplify's Rating
Why Privy is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

501-1,000

Company Stage

Series C

Total Funding

$76M

Headquarters

Bangunharjo, Indonesia

Founded

2016

Overview

Privy.id provides digital identity and digital signature solutions that are user-friendly and secure. Their main services allow users to sign documents electronically, which helps reduce paper usage and increases efficiency. Users can easily sign, upload, and share documents from anywhere, making it particularly beneficial for businesses that manage a lot of paperwork. Additionally, Privy.id offers integration services, enabling businesses to incorporate their digital signature solutions into existing systems, which helps streamline operations and minimize administrative tasks. Unlike many competitors, Privy.id caters to a diverse clientele, from individuals to large enterprises, and offers a free trial for new users. The company's goal is to simplify the document signing process while ensuring security and convenience for all users.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Privy's expansion into Australia opens new market opportunities and growth potential.
  • The acquisition of AyoPajak enhances Privy's service offerings in digital identity verification.
  • Growing demand for digital signatures supports Privy's core business model.

What critics are saying

  • Increased competition may impact Privy's market share and pricing strategies.
  • Regulatory changes in Indonesia could require service adaptations for compliance.
  • Expansion into Australia poses challenges in understanding local regulations and market dynamics.

What makes Privy unique

  • Privy offers seamless integration of digital signatures into existing business systems.
  • The company provides a user-friendly platform for both individual and enterprise clients.
  • Privy's services are secure, convenient, and widely accepted across various industries.

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Funding

Total Funding

$76M

Below

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$48M
Privy
$50M
Medium
$62M
SeatGeek
$100M
Oura

Growth & Insights and Company News

Headcount

6 month growth

โ†‘ 5%

1 year growth

โ†‘ 5%

2 year growth

โ†‘ 9%
CRN
Aug 22nd, 2024
Brisbane's Five Faces and Privy forge cross-border health tech partnership

As part of the collaboration, Privy's digital signature solution will be integrated into Five Faces' digital front door platform.

CRN
Mar 21st, 2024
Digital trust firm Privy hires Rob Hotchin to lead Australian expansion

Digital trust firm Privy hires Rob Hotchin to lead Australian expansion.

Tech in Asia
Feb 13th, 2024
Indonesia-based Privy acquires online tax platform AyoPajak

With the acquisition, Privy will be able to integrate its electronic signature and identity verification services into the AyoPajak platform.

Channel Asia
Jul 6th, 2023
Indonesian digital identity provider Privy expands to Australia

Indonesian digital identity provider Privy expands to Australia

Business Wire
Nov 15th, 2022
KKR Leads Series C Round in Indonesian Digital Trust Provider Privy

KKR, a leading global investment firm, and Privy (the โ€œCompanyโ€), a leading digital trust provider in Indonesia, today announced the signing of defini

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