Humanity Protocol Valuation, Funding & Investors

Humanity Protocol is valued at $1.1B as of January 2025.

Last Humanity Protocol valuation

$1.1B

Seed · Jan 2025

Last Humanity Protocol funding round

$20M

Seed · Jan 2025

Cumulative funding Humanity Protocol raised

$52M

across 3 funding rounds

Key investors in Humanity Protocol

  • Pantera Capital
  • Hashed
  • Jump Crypto
  • Mechanism Capital
  • Foresight Ventures
  • Kingsway Capital

Humanity Protocol Overview

About Humanity Protocol

Humanity Protocol is a blockchain-based identity verification network developing Proof of Humanity mechanisms. It offers developers tools for sybil-resistant authentication using palm scan biometrics combined with zero-knowledge proofs. Users maintain full control over their biometric data and digital identities without centralized storage. The protocol operates on its own layer-1 blockchain, emphasizing privacy-preserving human verification for decentralized applications. Deployed in web3 ecosystems, it addresses fraud in DeFi, NFTs, and governance systems.


Founded

2023

HQ

Hong KongHong Kong

Status

Privately held

Customer focus

B2B

Revenue model

Usage-based

Valuation

$1.1B (Jan 2025)

Humanity Protocol Valuation

Humanity Protocol is currently valued at $1.1B, based on its seed round in January 2025.

The $20M round was led by Jump Crypto and Pantera Capital.

Humanity Protocol's valuation has grown 1.1x from $1B at its seed round in May 2024 to $1.1B in January 2025, across 2 priced rounds.

Humanity Protocol valuation by funding round

Humanity Protocol valuation by funding round
DateStageValuation
Jan 2025Seed$1.1B
May 2024Seed$1B

Humanity Protocol Funding History

Humanity Protocol has raised a total of $52M across 3 funding rounds.

Humanity Protocol's first fundraising round was a $2M pre-seed round in February 2024. The most recent completed round was a $20M seed round in January 2025.

Humanity Protocol funding rounds

Humanity Protocol funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2025SeedJump Crypto (lead); Pantera Capital (lead)$20M$1.1BHumanity Protocol is a decentralized identity blockchain project that uses palm-scanning biometrics for proof-of-humanity verification to combat online fraud, bots, sybil attacks, and fake accounts while preserving user privacy through zero-knowledge proofs and verifiable credentials. Users register a 'Human ID' linked to an encrypted palmprint scan, enabling verification without revealing personal details, applicable for events, payments, and Web3 integrations. The company raised $20 million in a funding round around January 27-28, 2025, co-led by Pantera Capital and Jump Crypto, achieving a $1.1 billion fully diluted post-money valuation. Funds will support scaling operations, developing Proof of Humanity and Human ID systems, expanding global reach, hiring, mainnet launch, developer grants, and partnerships like OKX Wallet and Open Campus for decentralized education and credentialing. This follows a prior $30 million raise in May 2024 at $1 billion valuation. Humanity Protocol positions itself as less invasive than competitors like World Network's iris scans, emphasizing user-controlled data on blockchain without third-party intermediaries. The project anticipates a token launch and airdrop, aiming for broad adoption across industries beyond Web3.
May 2024SeedKingsway Capital (lead)$30M$1BHumanity Protocol is a zero-knowledge decentralized identity project introduced in late February 2024 by the Human Institute in collaboration with Polygon Labs and Animoca Brands. The company has developed a Proof of Humanity consensus mechanism and a palm scanning app designed to establish Self-Sovereign Identity on its zkEVM blockchain, aiming to solve sybil resistance and user privacy challenges in decentralized networks. In May 2024, Humanity Protocol announced a $30 million seed round at a post-money valuation of $1 billion, led by Kingsway Capital with participation from Animoca Brands, Blockchain.com, Hashed, Shima Capital, and 20 other investors. The funding was designated to accelerate hiring and product development, with a public testnet launch planned for later in 2024. The project demonstrated strong early traction, attracting over 500,000 waitlist sign-ups within one month of emerging from stealth mode and subsequently reaching the milestone of 2 million human IDs created by end of 2024. Humanity Protocol competes directly with established digital identity solutions like Worldcoin, but differentiates through its palm recognition technology and zero-knowledge approach to privacy-preserving identity verification.
Feb 2024Pre-seedHashed; Foresight Ventures; Mechanism Capital; CMCC Global; Cypher Capital$2M--

Who has invested in Humanity Protocol?

8 investors have backed Humanity Protocol across its funding rounds, including Pantera Capital, Hashed, Jump Crypto, Mechanism Capital, Foresight Ventures and Kingsway Capital.

Lead investors include Jump Crypto, Pantera Capital and Kingsway Capital.


Humanity Protocol Investors

Investors in Humanity Protocol by funding rounds participated
InvestorHQRoundsRoleFirst check
Pantera CapitalUnited StatesSan Francisco, CA1LeadJan 2025
HashedUnited StatesSan Francisco, CA1ParticipantFeb 2024
Foresight VenturesSingaporeSingapore1ParticipantFeb 2024
Mechanism CapitalSingaporeSingapore1ParticipantFeb 2024
Kingsway CapitalUnited KingdomLondon1LeadMay 2024
Jump CryptoUnited StatesChicago, IL1LeadJan 2025

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Humanity Protocol

Humanity Protocol has acquired 1 company to date.

Last acquisition by Humanity Protocol was on June 10th 2025. Humanity Protocol acquired Moongate for undisclosed valuation.


Latest Acquisitions by Humanity Protocol

Moongate
Description
Moongate is a platform for brands to launch NFT-based rewards and exclusive access integrated with online-to-offline operations. Users set up dynamic campaigns in five minutes, enabling tokenized incentives for loyalty programs. Supporting e-commerce and retail, it bridges digital collectibles with physical redemptions. Jakarta-based Moongate serves Southeast Asian businesses expanding Web3 engagement.
HQ CountryHong Kong
HQ City
Hong Kong
Deal Date10 Jun 2025
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Investments by Humanity Protocol

Humanity Protocol has invested in 1 company to date.

Latest investment by Humanity Protocol was on January 1st 2026. Humanity Protocol invested in Everything in their $7M Seed round.


Latest Investments by Humanity Protocol

Everything
Description
Everything.co facilitates cryptocurrency trading with leverage, rewards programs, and NFT integration directly via Telegram.
HQ Country-
HQ City
-
Deal Date1 Jan 2026
RoundSeed
Raised$7M
InvestorsJaime Rogozinski; Animoca Brands; Three Point Capital; Hex Trust
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Humanity Protocol Competitors

Humanity Protocol competitors include listed companies like OSL Group and HashKey Holdings, and private ones like MobileCoin, Helium, Multichain and ZYBER 365.

Public and private companies comparable to Humanity Protocol
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MobileCoinUnited StatesSan Francisco, CAPrivate--$1.1B-
HeliumUnited StatesSan Francisco, CAPrivate--$1.2B-
MultichainSingaporeSingaporePrivate--$1.2B-
ZYBER 365IndiaIndiaPrivate--$1.2B-
OSL GroupHong KongHong KongPublicly listed$62M($48M)$1.2B11.3x
HashKey HoldingsHong KongHong KongPublicly listed$92M($109M)$884M-

Humanity Protocol Public Comps

Humanity Protocol is still privately-owned, but its public comps include OSL Group, HashKey Holdings, BitGo Holdings, Securitize, Indokripto Koin Semesta, Rhino Bitcoin, Stewards, Sharplink, Coincheck Group and Bakkt.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
OSL Group$62M($48M)16.6x11.3x(21.7x)(23.2x)
HashKey Holdings$92M($109M)6.4x-(5.4x)-
BitGo Holdings$16B($9M)0.1x5.5x(125.1x)125.4x
Securitize$62M($34M)25.5x22.2x(46.0x)(37910.8x)
Indokripto Koin Semesta$16M$7M36.9x-81.1x-
Rhino Bitcoin$478K($417K)1242.8x-(1423.4x)-
Stewards------
Sharplink$28M($734M)61.9x39.9x(2.4x)141.1x

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Common questions about Humanity Protocol

When was Humanity Protocol founded?Humanity Protocol was founded in 2023.
Where is Humanity Protocol headquartered?Humanity Protocol is headquartered in Hong Kong, Hong Kong.
Is Humanity Protocol publicly listed?No, Humanity Protocol is a private, VC-backed company.
What is Humanity Protocol's valuation?Humanity Protocol was last valued at $1.1B in its seed round in January 2025.
How much funding has Humanity Protocol raised?Humanity Protocol has raised $52M across 3 funding rounds.
What was Humanity Protocol's last funding round?Humanity Protocol's last funding round was a $20M seed round in January 2025, led by Jump Crypto and Pantera Capital.
Who are Humanity Protocol's investors?Humanity Protocol's investors include Pantera Capital, Hashed, Foresight Ventures, Mechanism Capital, Kingsway Capital, Jump Crypto, CMCC Global and Cypher Capital.
Which companies are comparable to Humanity Protocol?Companies comparable to Humanity Protocol include MobileCoin, Helium, Multichain, ZYBER 365, OSL Group and HashKey Holdings.
How many companies has Humanity Protocol acquired?Humanity Protocol has acquired 1 company, including Moongate.
How many companies has Humanity Protocol invested in?Humanity Protocol has invested in 1 company, including Everything.
What was Humanity Protocol's last investment?In January 2026, Humanity Protocol invested in Everything's $7M seed round alongside Jaime Rogozinski, Animoca Brands, Three Point Capital and 1 other investor.

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