Tykn has raised $460K in total across 2 funding rounds.
Tykn's investors include Koolen and Partners.
Tykn is a B2B SaaS company founded in 2017 in Den Haag, Netherlands, that builds a blockchain-based digital identity management platform called Ana. It enables public and private institutions to issue and verify digital identity credentials, providing users with secure digital wallets for frictionless, passwordless onboarding while preserving privacy[1][2][6]. Tykn serves governments, NGOs like the UN, and businesses—such as the Turkish government for verifiable work permits—solving the problem of identity gaps affecting 1.2 billion people, especially refugees, by making documentation instantly verifiable in two clicks via decentralized identity tools[1][2]. The company has raised €1.2M in 2019 from investor Johan Mastenbroek, secured accelerator funding from Rockstart and SDG Impact, and maintains steady growth in blockchain identity with a small team of around 6[1][2][5].
Tykn was co-founded in 2017 by social entrepreneurs Khalid Maliki (COO, award-winning innovator and public speaker, previously at GIMLY) and Jimmy J.P. Snoek (BD Lead, technocrat focused on identity and emerging tech)[1][2]. The idea emerged from the global identity crisis: without valid documentation, people—particularly refugees—lack access to basic rights like services and resettlement, inspiring a platform for electronic legal identity using blockchain[2][3]. Early traction came from partnerships with the Turkish government and UN for work permit verification, plus wins in SDG Impact Accelerators and Rockstart funding, proving its social impact in streamlining slow, costly processes[1][2].
Tykn rides the decentralized identity (DID) and Web3 wave, addressing rising demands for privacy-focused, blockchain-verified credentials amid data breaches and regulatory pushes like GDPR and eIDAS[1][3]. Timing is ideal as 1.2 billion lack IDs, exacerbated by migration crises, while enterprises seek passwordless onboarding; market forces like blockchain adoption and SDG goals amplify this[2]. Tykn influences the ecosystem by enabling governments and NGOs to digitize services, fostering trust in digital economies and setting standards for verifiable credentials that reduce fraud and costs[1][2][6].
Tykn is poised to expand Ana into more government and enterprise contracts, capitalizing on Web3 maturation and global refugee tech needs. Trends like zero-knowledge proofs and regulatory tailwinds for digital IDs will accelerate growth, potentially scaling to millions of users. Its influence may evolve from niche social impact to mainstream B2B leader, redefining onboarding as Tykn first made user friction—and identity barriers—disappear[1][2].
Tykn has raised $460K across 2 funding rounds. Most recently, it raised $310K Seed in April 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2018 | $310K Seed | Koolen and Partners | |
| Jan 1, 2018 | $150K Seed |
