Privy

Privy

Digital identity and signature platform

Overview

Privy.id provides digital identity and digital signature services in Indonesia. Its core offering is secure, easy-to-use digital signatures that let users sign, upload, and share documents anytime, anywhere, reducing paper and speeding up paperwork. The company also offers integration services to embed Privy.id’s identity and signing capabilities into existing business systems, helping organizations automate workflows. Compared with competitors, Privy.id emphasizes user-centric design, broad applicability to individuals and large enterprises, and seamless integration, aiming to deliver universally accepted, secure digital identity and signing solutions. The goal is to simplify and accelerate document authentication and management while maintaining strong security and accessibility for a growing Indonesian market.

About Privy

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

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

501-1,000

Company Stage

Series C

Total Funding

$78.1M

Headquarters

Bangunharjo, Indonesia

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • KKR leads Series C funding for digital trust expansion.
  • Privy acquires AyoPajak integrating signatures into tax platform.
  • Privy partners Five Faces integrating signatures in health tech.

What critics are saying

  • Layoffs of 96 employees erode engineering capacity during restructuring.
  • eSignGlobal captures fintech share with 80% cheaper PKI integration.
  • OJK approves MeVerify eroding Privy's compliance exclusivity.

What makes Privy unique

  • Privy is Indonesia's only digital identity provider in OJK sandbox.
  • Privy issues digital certificates as licensed PSrE backed by Kominfo.
  • Privy first Indonesian FIDO Alliance member for secure authentication.

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Funding

Total Funding

$78.1M

Below

Industry Average

Funded Over

6 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

0%

1 year growth

-4%

2 year growth

0%
Best-Net-Sites
Jun 16th, 2025
Todd Morris named NEC NSS President as Dr. Kathleen Kiernan retires

Indonesian digital ID and signature startup Privy has laid off 96 people, almost 20 percent of its workforce, as it shifts to AI-assisted development and restructures its core system.

Fortune
Mar 19th, 2025
Exclusive: Crypto wallet infrastructure company Privy raises $15 million in round led by Ribbit Capital

Exclusive: crypto wallet infrastructure company Privy raises $15 million in round led by Ribbit Capital.

CRN Australia
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 Australia
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.

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