# World Foundation

**Source:** https://www.startuphub.ai/startups/world-foundation
**Profile type:** Startup

> A decentralized identity and human verification platform.

## About

Worldcoin is a project aiming to create a new global identity and financial network. It is developing a decentralized identity system that uses iris scans to verify unique human beings, issuing them a digital identity called 'World ID' and a cryptocurrency called 'Worldcoin' (WLD). The project is backed by prominent investors and aims to address issues of AI proliferation and digital identity.

## Key facts

- **Slug:** world-foundation
- **Website:** https://world.org
- **Location:** George Town, Cayman Islands
- **Founded:** 2019-01-01 00:00:00
- **Operating status:** Active
- **Total funding:** $188M
- **Sectors / tags:** Blockchain, Cryptocurrency, Artificial Intelligence, Identity Management, Decentralized Finance (DeFi), Decentralized Identity, Web3, Biometrics, Digital Identity, Financial Inclusion, DAO, Proof of Humanity, AI Safety, AI Alignment
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/worldcoin/
  - Twitter: https://twitter.com/worldcoin

## Frequently asked

### What does World Foundation do?

Worldcoin is a project aiming to create a new global identity and financial network. It is developing a decentralized identity system that uses iris scans to verify unique human beings, issuing them a digital identity called 'World ID' and a cryptocurrency called 'Worldcoin' (WLD). The project is backed by prominent investors and aims to address issues of AI proliferation and digital identity.

### How much funding has World Foundation raised?

World Foundation has raised a total of $188M in funding. The most recent round on record is Funding Round.

### Where is World Foundation headquartered?

World Foundation is headquartered in George Town, Cayman Islands.

### When was World Foundation founded?

World Foundation was founded in 2019.

### What industry does World Foundation operate in?

World Foundation operates in Blockchain, Cryptocurrency, Artificial Intelligence, Identity Management, Decentralized Finance (DeFi), Decentralized Identity.

### What is World Foundation's revenue?

StartupHub estimates World Foundation's annual revenue at $41.1M (range $17.4M to $66.2M, 27% confidence), based on comparable companies in the sector.

### What is World Foundation's valuation?

StartupHub estimates World Foundation's effective valuation at $1.1B (range $757.4M to $1.4B, 40% confidence), based on comparable companies in the sector.

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