# Privy

**Source:** https://www.startuphub.ai/startups/privy
**Profile type:** Startup

> Embedded wallet infrastructure for developers to build seamless and secure crypto experiences.

## About

Privy provides user onboarding and embedded wallet infrastructure that developers need to build better, safer products on crypto rails. With one API, developers can spin up wallets, sign transactions, and integrate any onchain system, allowing users to safely buy, sell, and hold tokenized assets in-app. Privy aims to abstract away complexities like seed phrases and gas accounting, making crypto accessible to everyone.

## Key facts

- **Slug:** privy
- **Website:** https://www.privy.io/
- **Location:** New York, United States
- **Founded:** 2021-01-01
- **Operating status:** Active
- **Total funding:** $41M
- **Sectors / tags:** Web3, Crypto, Developer APIs, Cybersecurity, Fintech
- **Social:**
  - Twitter: https://x.com/privy_io
  - GitHub: https://github.com/privy-io

## Frequently asked

### What does Privy do?

Privy provides user onboarding and embedded wallet infrastructure that developers need to build better, safer products on crypto rails. With one API, developers can spin up wallets, sign transactions, and integrate any onchain system, allowing users to safely buy, sell, and hold tokenized assets in-app. Privy aims to abstract away complexities like seed phrases and gas accounting, making crypto accessible to everyone.

### What is Privy's valuation?

StartupHub estimates Privy's effective valuation at $175.1M (range $103.3M to $247.8M, 16% confidence), based on comparable companies in the sector.

### How much funding has Privy raised?

Privy has raised a total of $41M in funding. The most recent round on record is Series A.

### Where is Privy headquartered?

Privy is headquartered in New York, United States.

### When was Privy founded?

Privy was founded in 2021.

### What industry does Privy operate in?

Privy operates in Web3, Crypto, Developer APIs, Cybersecurity, Fintech.

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