20face BV
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20face BV - overview
Established
2016
Location
Enschede, -, Netherlands
Primary Industry
Software
About
Founded in 2016 and based in Enschede, Netherlands, 20face operates as a developer of privacy-proof facial recognition technology, designed for use across multiple application domains. In August 2024, the firm raised EUR 1. 3 million in venture funding from returning investors Value Creation Capital and Oost NL, with participation from investor Twinning Participaties. 20face offers privacy-proof facial recognition solutions that have applications in offices, logistics, high security, leisure, healthcare, and many others.
It offers two products 20faceXS and 20faceSDK. 20faceXS which is a facial recognition access solution designed for companies and government entities, to provide secure, privacy-conscious entry without the need for physical cards or codes. 20faceSDK is a software development kit that allows the integration of facial recognition technology into a variety of applications. Revenue for 20face is generated through the sale of its 20faceXS access solutions and the licensing of its 20faceSDK to various partners and developers.
The company plans to use the August 2024 funding to support the development of its privacy-proof facial recognition technology.
Current Investors
Oost NL, Value Creation Capital, Twinning Participaties
Primary Industry
Software
Sub Industries
Monitoring & Security Software, Application Integration Software
Website
www.20face.com
Verticals
Artificial Intelligence, IoT (Internet of Things)
Company Stage
Early Stage
Total Amount Raised
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