Privy provides comprehensive wallet infrastructure for applications, managing everything from key management to user onboarding via a single programmable API. The platform enables the deployment of whitelabel wallets, transaction signing, and automated onchain actions across multiple blockchains like EVM and Solana. It focuses on enterprise-grade security through hardware-isolated TEEs, granular policy engines, and robust authentication methods to scale secure crypto access.
Funding
$26.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Web3 application developers face challenges in user onboarding and authentication due to the complexities of managing cryptographic keys and wallets. Traditional methods often lead to poor user experiences and security vulnerabilities, hindering wider adoption.
Solution
Privy offers a platform that simplifies user authentication and key management for Web3 applications, providing developers with easy-to-use APIs and self-custodial wallets. The platform enables users to sign up using familiar methods like email, SMS, or social providers, while also supporting external wallet connections. Privy's embedded wallets provision EVM and Solana self-custodial wallets, and facilitate easy funding through cards, ACH, and exchanges. The solution includes user analytics and controls to securely scale user bases, along with robust wallet connectors optimized for mobile and web.
Target Audience
Privy targets Web3 developers building decentralized applications (dApps) who need a secure and user-friendly authentication and key management solution.
Features
- Authentication via email, SMS, social providers, or external wallets
- Embedded EVM and Solana self-custodial wallets
- Support for funding wallets via cards, ACH, and exchanges
- User analytics dashboard for tracking active and new users, and transaction volume
- Wallet connectors optimized for mobile and web
- SDKs for React, Expo, Swift, and Kotlin
- Bare metal APIs for customizable, whitelabel experiences
- Enterprise-grade security with SOC 2 compliance and cryptography audits