Regulation D Offering

As part of Trust Stamp’s $5M raise, we are offering two different opportunities to invest. This Regulation D offering targets those who wish to invest in excess of the Regulation CF limitations and are able to do so based on their net worth or income. If you would like to participate in the raise under the Regulation CF offering which features a smaller minimum investment, please visit the crowdfunding page for more information.

INVEST TODAY

US $5,000 per Investor

Minimum investment

Interested in making a smaller investment? Explore our Regulation CF investment opportunity.

REG CF opportunity

$21M

Raised to date

Class A Common Stock + Warrant

For every share purchased in this round, investors also receive a warrant to (at their option) purchase an additional share of common stock at $4 per share in the company's next Regulation-A offering

US $4

Allocated as to $3.893 for the share of common stock and $0.107 for the warrant

$77.5M

Pre-money valuation

Investment Highlights

Targeting Nasdaq Capital Market listing

Trust Stamp submitted an application to list on NASDAQ in April 2021 and has been working through the application process with NASDAQ staff over the ensuing months.

Listing on NASDAQ requires meeting both quantitative and qualitative standards, and cannot be guaranteed, but we believe that we will meet the applicable standards if we:

  • Raise a minimum of $3m in new capital to increase net shareholder’s assets; and
  • Sustain an average trading volume of 2,000 shares per day over 30-trading days; and
  • Have a closing bid price of $4 or more on OTCQX at the point of seeking the listing1

Achieved $2.87M gross revenue in 2020 (non GAAP)resulting in net GAAP sales of $2.64M

Traded on the US OTCQX Best Market (OTCQX: IDAI) and Euronext Growth in Dublin (Euronext Growth: AIID ID)

Long term and expanding relationships with over half of our 24 customers, including Mastercard International

Investors include Mastercard, Synchrony Financial, and 630 Cybersecurity Fund

Accomplished leadership team brings many decades of experience in all operational areas and has raised over $21M in funding for Trust Stamp

Our proprietary technology is protected by 4 issued patents, 9 provisional and pending patents, and 4 additional applications in process as of Aug 17, 2021

Achieved $2.87M gross revenue in 2020 (non GAAP) resulting in net GAAP sales of $2.64M

Traded on the US OTCQX Best Market (OTCQX: IDAI) and Euronext Growth in Dublin (Euronext Growth: AIID ID)

Long term and expanding relationships with over half of our 24 customers, including Mastercard International

Investors include Mastercard, Synchrony Financial and 630 Cybersecurity Fund

Accomplished leadership team brings many decades of experience in all operational areas and has raised over $21M in funding for Trust Stamp

Our proprietary technology is protected by 4 issued patents, 9 provisional and pending patents, and 4 additional applications in process as of Aug 17, 2021

"We are committed to providing liquidity options for our shareholders in parallel to accessing the capital markets to fund organic and M&A growth. NASDAQ attracts some of the largest technology companies in the world and is the preeminent global market for innovative companies such as ours."

- Gareth N Genner

Chief Executive Officer of Trust Stamp

"This Insurtech Startup Offers Facial Recognition for Good"

- Nasdaq.com

Trust Stamp submitted an application to list on NASDAQ in April 2021 and has been working through the application process with NASDAQ staff over the ensuing months.

Listing on NASDAQ requires meeting both quantitative and qualitative standards, and cannot be guaranteed, but we believe that we will meet the applicable standards if we:

  • Raise a minimum of $3m in new capital to increase net shareholder’s assets; and
  • Sustain an average trading volume of 2,000 shares per day over 30-trading days; and
  • Have a closing bid price of $4 or more on OTCQX at the point of seeking the listing3

Solutions for all Industries

Trust Stamp builds AI-powered micro-service technologies that enable efficient, low-cost customization, bridging the gap between inflexible out-of-the-box solutions and expensive custom implementations. This model expands the accessibility of our powerful identity management, verification, and fraud-prevention solutions to meet the needs of companies of all sizes with contracts that provide for significant long-term pay-per-use revenue.

Banking & FinTech

Crypto & Blockchain

KYC/AML Compliance

Government & Law Enforcement

Real Estate

Healthcare

Digital Communication Security

Employment

Travel & Hospitality

THE PROBLEMs

1. Data Security Poses a Huge Risk to Society

We fill gaps in the existing market
According to the 2020 Year End Data Breach Quickview Report, 3,932 breaches were publicly disclosed in 2020, exposing over 37 billion records. Juniper research forecasts that by 2025, biometrics will annually authenticate over $3 trillion of payment transactions. A growing number of industries rely on biometric identity solutions for their ubiquity and ease-of-use, but biometric data is highly sensitive and cannot be reset like a password if it is ever compromised. It is now a prime target for criminals!

2. Billions of people are societally and financially excluded

We empower global access in the developing market
Technology is driving economic development at an even greater pace in emerging markets. But access, inclusion, and efficiency in these markets depends on the answer to the questions: Who are you? And Can I trust you? Over 1 billion people struggle to prove identity and participate in the market due to the ineffective identity infrastructures, 1.7 billion people lack basic financial services including a bank account, and 4 billion people are underbanked.

THE Solution

Secure, Private & Trusted Digital Identity

Trust Stamp's core technology irreversibly transforms biometric and other sensitive data into a proprietary token known as the IT2 (Irreversibly Transformed Identity Token). The IT2 enables accurate authentication without the need to store or share sensitive personal data, thereby retaining the usefulness of biometric data while minimizing the risk. Trust Stamp empowers individuals to retain ownership of their data and prevent fraudulent activity using their identity, while allowing businesses to adopt biometrics and other anti-fraud initiatives while protecting personal information from hacks and leaks.

Trust Stamp technology is used to improve customer onboarding, create a better user experience, improve data quality, increase inclusion, and significantly reduce fraud. Our solutions can be compatible with any biometric modality or provider and are designed to work efficiently at scale, adding a layer of safety, security, and interoperability to any existing solutions. With online and offline functionality, Trust Stamp technology is effective in even the most remote locations in the world.

Immense & Growing Biometrics Market

We are seeking funding to accelerate our market penetration and revenue generation in response to the massive market growth opportunity.

As biometric solutions proliferate, so does the need to protect biometric data. Use and storage of unprotected biometric data poses great financial and reputational risk to consumers and organizations.

Biometrics - Global Market Trajectory & Analytics, Global Industry Analysts, Inc., April 2021

COVID-19 and
Accelerated Digitization

The rapid move to digital and touchless transactions in commerce, finance, healthcare, travel, and more = growth in addressable needs to quickly and securely establish trust in a virtual environment.

$9.4B

Estimated spend on digital identity verification by businesses in 2021 (Juniper)

$70B

Contactless biometric mkt. by 2030 (17.4% CAGR) (Future Market Insights)

63%

People more inclined to adopt mobile banking (Lightico)

Internal & external process digitization accelerated by 3-4 years (McKinsey
Global Survey of executives
)

24%

Increase in institutional online bank platform users (Citigroup)

40%

Increase in contactless transactions (Mastercard)

20%

Growth in payments volume via Paypal (Paypal)

Growth Opportunities

1. African Continental Free Trade Area (AfCFTA)

  • Largest free trade area in the world measured by number of countries connects 1.3 billion people across 55 countries with a combined GDP of $3.4 trillion and the potential to lift 95 million people out of poverty (World Bank)
  • Our secure and accessible identity systems are optimized for low-connectivity and low-resource environments with minimal hardware needs
  • As a result of inter-governmental introductions and our presence in Rwanda, Trust Stamp is positioned to play a role in realizing its potential

2. European Union General Data Protection Regulation (GDPR)

  • High cost: average Fortune 500 company spends $16 million on GDPR compliance (Forbes)
  • High risk: €170 million fined in 2020 (+197% YoY) (SecurityWeek)
  • Trust Stamp’s data protection solutions directly address issues in the top four categories of reported GDPR violations
Traction

Trust Stamp's Industry Growth

2016 - 17

Customer discovery, IP portfolio and core-AI development.

Onboarded 1st S&P 500 bank customer with exclusive rights for bank/credit uses through 2018 while the scale and scope of our work continues to grow

2018

U.S. and U.K. end-user facing beta implementations

Iterative product development

Multiple accelerators

2019

Commercial go-to-market strategy executed

Mastercard service agreement / 5 SOWs

NCSC Accelerator

2020
$2.87M

Gross revenue (non-GAAP)1

9

Patent filings

1

Patent issued

Established Hague-based B Corp Subsidiary

European R&D hubs launched with US $1.15M funding award from the Republic of Malta

Go-to-market team onboarded

UK FCA Sandbox

Euronext Growth listing

30 to 60+

Team growth

2021

Quoted

17 to 24

Client growth

Winner of FIS Accelerator with our IDChex technology

OnRamp (Insurance) Accelerator Program

Hanger 51 (Aviation) Accelerator Program

63 to 86

Team growth

Rwandan R&D center opened with 14 staff

$4M raised

Under Regulation D offering

Acquisition of Pixelpin.com

4

Patent filings

3

Patents issued

Invest in Trust Stamp Now

INVEST TODAY

Partners & Customers Include:

Target: digital identities for 100M people with deduplication for humanitarian and development projects
Customer onboarding, account recovery & fraud-prevention
Open Banking APIs for bank, document, & biometric authentication
P2P transactional data sharing
International pre-employment background checks
Identifying victims of human trafficking through non-PII data matching
Full KYC/AML in the UK
Identity authentication tool available to 1.3M Realtors
Orchestration layer for value-add identity services
Identity verification for cryptocurrency ATMs
Multiple projects covering due diligence, identity, quantum computing and artificial intelligence capabilities
Non-biometric IT2 matching for secure inter-organizational collaboration on human trafficking intelligence
GLOBAL HUMANITARIAN AND DEVELOPMENT WORK

Mastercard

2018
Trust Stamp graduated from the 2018 Mastercard Start Path accelerator program
2019
Mastercard and Trust Stamp introduced their first public collaboration with a secure non-PII authentication network for both online and offline environments at the June 2019 ID4Africa conference in Johannesburg, South Africa. In November 2019, Mastercard’s Inclusive Identity solution utilizing Trust Stamp technology was announced at the Bloomberg New Economy Forum in Beijing as one of six “New Economy Solutions 2020” in the ‘emerging technology’ category
2020
Trust Stamp announced a strategic investment from Mastercard
Proven Solutions

Improving customer experience and security for one of America’s largest credit card issuing banks

Trust Stamp has collaborated with the bank for over 5-years in the implementation of biometric identity verification, document validation, fraud detection and duplicate detection and prevention technologies. The bank has implemented this framework into their onboarding and account recovery processes to enhance security with robust privacy and fraud-prevention measures that have a bottom-line impact:

Deter, detect, and prevent identity fraud

Our AI identified three organized fraud rings in 2019 alone! In one sample of 7,915 applicants, we identified 63 unique fraudsters and referred 33 more for investigation

Recover previously lost customers

In a sample of existing customers whose accounts were closed for failing legacy authentication methods, 83% of the accounts were reopened

Onboard more genuine users with an improved pass rate

In a sample of new account applicants previously declined for failing legacy identity authentication, 81% of the applications were approved

WHO ARE WE

Executive Management and Board

Trust Stamp has a global team of more than 80 talented and dedicated individuals in eight countries including 7 doctoral level team members and an additional 23 team members with masters and higher educational qualifications. The leadership team and Board of Directors includes:

Gareth N. Genner

CEO, Founder, Executive Director

20+ years of experience in technical, operational, and leadership roles

Serial entrepreneur and inventor

UK, US and international legal qualifications

Andrew Gowasack

President, Founder, Executive Director

Skilled in lean-startup methodology for rapid and effective scaling, innovating for product-market fit, and guiding business development initiatives

Economist background with experience in sales and marketing in the financial services

Scott Francis

Chief Technology Officer

Computer scientist by training with experience in software development and technical leadership

Former role in the Program Management Office at Google for nine years

Dr. Norman Poh

Chief Science Officer

Renowned authority in computer vision, biometrics, and security with more than 100 peer-reviewed publications and experience across academia and industry

PhD in Machine Learning and Information Fusion from IDIAP research institute, École Polytechnique Fédérale de Lausanne (EPFL), Switzerland

Raman Narayanswamy

Chief Innovation Officer

Former VP, Humanitarian & Development (Digital Identity) at Mastercard where he worked closely with Trust Stamp to drive our first public collaboration with Mastercard

Identity and cybersecurity expert with over 20 years of experience working across public and private sectors, with technical expertise in biometric solutions, cryptography, and distributed ledger technologies.

Kinny Chan

Chief Commercial Officer

10+ years of experience in the sales and marketing of complex enterprise tech solutions

Unique understanding of commercially viable innovation built on experience establishing and growing tech companies

A lawyer by training with expertise intersecting business, technology, and law

Alex Valdes

Chief Financial Officer

Dual qualified as CPA/CMA with 10+ years of experience in finance and operations

Background in public accounting and business strategy consulting

Entrepreneurial by nature, having founded, operated, and successfully exited four companies before the age of 24

Josh Allen

EVP of Mergers and Acquisitions, Executive Director

20+ years in private equity, venture capital, governance, and non-profit management

Expertise in M&A involving financial services and technology

John Bridge

EVP Government and Law Enforcement

Retired Chief Inspector of Financial Surveillance, USMS, with 30+ years in law enforcement

Expertise in fraud detection, digital currency and cyber investigations, as well as operational risks and controls

Actively involved in industry associations as a charter member of the DC Blockchain Alliance and a member of the North Carolina Blockchain Initiative, IAFCI, ASIS, and HTCIA

Nisha Naik

EVP

Expertise in marketing and communications

Background in industrial design from the Georgia Institute of Technology

David Story

Executive Chairman of the Board

Fellow of the Royal Institute of Chartered Surveyors with a focus on commercial real estate investment and portfolio management

30+ years of managerial, operational, and advisory experience with strong analytical and consensus building skills

Mark Birschbach

Independent Non-Executive Director

SVP Strategic Business, Innovation & Technology at National Association of REALTORS®

Bill McClintock

Independent Non-Executive Director

50+ years of entrepreneurial, management and public company leadership experience

Gareth N. Genner

CEO, Founder, Executive Director

20+ years of experience in technical, operational, and leadership roles

Serial entrepreneur and inventor

UK, US and international legal qualifications

Andrew Gowasack

President, Founder, Executive Director

Skilled in lean-startup methodology for rapid and effective scaling, innovating for product-market fit, and guiding business development initiatives

Economist background with experience in sales and marketing in the financial services

Scott Francis

Chief Technology Officer

Computer scientist by training with experience in software development and technical leadership

Former role in the Program Management Office at Google for nine years

Dr. Norman Poh

Chief Science Officer

Renowned authority in computer vision, biometrics, and security with more than 100 peer-reviewed publications and experience across academia and industry

PhD in Machine Learning and Information Fusion from IDIAP research institute, École Polytechnique Fédérale de Lausanne (EPFL), Switzerland

Raman Narayanswamy

Chief Innovation Officer

Former VP, Humanitarian & Development (Digital Identity) at Mastercard where he worked closely with Trust Stamp to drive our first public collaboration with Mastercard

Identity and cybersecurity expert with over 20 years of experience working across public and private sectors, with technical expertise in biometric solutions, cryptography, and distributed ledger technologies.

Kinny Chan

Chief Commercial Officer

10+ years of experience in the sales and marketing of complex enterprise tech solutions

Unique understanding of commercially viable innovation built on experience establishing and growing tech companies

A lawyer by training with expertise intersecting business, technology, and law

Alex Valdes

Chief Financial Officer

Dual qualified as CPA/CMA with 10+ years of experience in finance and operations

Background in public accounting and business strategy consulting

Entrepreneurial by nature, having founded, operated, and successfully exited four companies before the age of 24

Josh Allen

EVP of Mergers and Acquisitions, Executive Director

20+ years in private equity, venture capital, governance, and non-profit management

Expertise in M&A involving financial services and technology

John Bridge

EVP Government and Law Enforcement

Retired Chief Inspector of Financial Surveillance, USMS, with 30+ years in law enforcement

Expertise in fraud detection, digital currency and cyber investigations, as well as operational risks and controls

Actively involved in industry associations as a charter member of the DC Blockchain Alliance and a member of the North Carolina Blockchain Initiative, IAFCI, ASIS, and HTCIA

Nisha Naik

EVP

Expertise in marketing and communications

Background in industrial design from the Georgia Institute of Technology

David Story

Executive Chairman of the Board

Fellow of the Royal Institute of Chartered Surveyors with a focus on commercial real estate investment and portfolio management

30+ years of managerial, operational, and advisory experience with strong analytical and consensus building skills

Mark Birschbach

Independent Non-Executive Director

SVP Strategic Business, Innovation & Technology at National Association of REALTORS®

Bill McClintock

Independent Non-Executive Director

50+ years of entrepreneurial, management and public company leadership experience
Overview

Investor Deck

Use of Proceeds

$100,000

  • $75,000 estimated cost of raise
  • $10,000 accelerated productization of IP
  • $15,000 expanded sales & marketing budget

$5,000,000

  • $365,000 estimated cost of raise
  • $2,000,000 accelerated productization of IP
  • $2,000,000 expanded sales & marketing budget
  • $635,000 mergers and acquisition warchest

Invest in Trust Stamp Now

INVEST TODAY