Rising Star Trinsic

Trinsic, founded in 2020 and headquartered in Lehi, Utah, operates in the reusable verified identity market, aiming to make digital identity acceptance as commonplace as credit cards. With roughly 20 employees and $9.4 million raised (including an $8.5 million seed round in 2022), the company offers an identity acceptance network that helps organizations verify and accept digital IDs alongside physical ones. The core value is reducing the technical and operational burden organizations face when supporting many digital identity standards, issuers, wallets, and identity providers in a fragmented ecosystem.

Reusable verified identity enables trusted entities to issue digital identities that users can present repeatedly across contexts, reducing redundant identity verification flows while improving user experience, privacy, and compliance outcomes. As mobile driver’s licenses (mDLs), electronic IDs (eIDs), and digital wallets accelerate adoption, this model is positioned as a major shift away from repeated, single-use verification processes toward reusable trust signals.

Trinsic’s differentiation is its integration-first, format-agnostic approach: it is not limited to decentralized verifiable credentials and instead connects to widely adopted formats and key ecosystem partners. Its network includes integrations spanning U.S. mDLs (California, Utah, Louisiana), Nordic BankIDs, additional European eIDs, and identity verification providers such as CLEAR and Yoti. This positions Trinsic to help organizations reduce costs and complexity while enabling identity verification vendors to move toward reusable models.

Key challenges include the need for continuous partner development, the lack of multi-wallet or multi-credential flows, increasing ecosystem complexity over time, and intensifying competition from both established identity verification vendors and new entrants.

• Trinsic was founded in 2020.
• Headquarters are located in Lehi, Utah, United States.
• The company has approximately 20 employees.
• Total funding raised equals $9.4 million.
• An $8.5 million seed round was raised in 2022.
• The market segment focus is reusable verified identity.
• Trinsic uses a credit-based licensing model.
• Geographic focus includes the United States, the Nordics, and Europe.
• Integrations include U.S. mDLs from California, Utah, and Louisiana.
• Partner coverage includes Nordic BankIDs, European eIDs, and identity verification providers CLEAR and Yoti.

• “Reusable verified identity enables organizations to issue and verify digital identities that can be securely reused across multiple contexts.”
• “Trinsic’s core product is an identity acceptance network that allows organizations to verify and accept digital IDs alongside physical ones.”
• “Its unique selling proposition (USP) lies in outsourcing the technical and operational complexity of supporting diverse identity standards and formats.”
• “This USP drastically lowers the effort required for organizations to support reusable verified identity from approximately 20 identity providers (IdPs).”
• “The solution reduces the need for repetitive identity verification processes, enhances user privacy, and simplifies compliance for organizations.”
• “The approach to integrate with the many various foundational digital identities on behalf of the organization removes the effort for the organization.”
• “Trinsic is strategically positioned to capitalize on the growing adoption of mDLs, eIDs, and digital wallets.”
• “The fragmented ecosystem and rapid innovation cycles present integration challenges for organizations.”
• “The company’s vision for making reusable digital identities as ubiquitous as credit cards underscores its ambition to lead this market transition.”
• “While competition is intensifying, Trinsic’s innovative approach, strong product/market fit, and global applicability make it a rising star in reusable verified identity.”