Fundraising FoxTrinsic
West Jordan, US · Founded 2019 · 6 known investors
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Trinsic operates an identity acceptance network that lets businesses accept the digital IDs people already hold—such as mobile driver's licenses, bank IDs, and national wallets—through one normalized API. It targets businesses needing onboarding, verification, or compliance flows, providing reusable, privacy-preserving identity infrastructure built on open decentralized identity standards.
Founders & leadership
Trinsic was founded in 2019 by Michael Boyd, Riley Hughes, and Tomislav Markovski.
RH
Riley HughesCofounder, CEORiley Hughes is founder and executive officer of Trinsic, a platform that enables businesses to accept digital identity credentials through a unified API. He has written and spoken publicly on digital identity technology and decentralized identity standards.
TM
Tomislav MarkovskiCofounder & CTO2019–2024Markovski co-founded Trinsic, where he served as CTO developing decentralized identity infrastructure and APIs around verifiable credentials and cryptographic systems, and previously led cloud and mobile architecture for finance, healthcare, education, and public-sector organizations. He now builds production AI systems for regulated industries including insurance and financial services, focusing on document-heavy workflows with technologies including Azure, C#, Python, and large language models.
JZ
Jan-Pieter ZoutewelleExecutive
TB
Tyson BaberNamed on SEC filing
Investors · 6
Forward Venture Capitallisted by Forward Venture CapitalDenver · $50K – $500K
How we know: Forward Venture Capital's portfolio page · Not right? Tell us
Kickstartlisted by KickstartSalt Lake City · $250K – $3M
How we know: a partner's Signal profile · kickstart.com · Not right? Tell us
Osage Venture Partnerslisted by Osage Venture PartnersBala Cynwyd · $500K – $3M
How we know: the VCSheet dataset · Not right? Tell us
GeorgianreportedToronto, Ontario · $25M – $100M
How we know: funding news · Not right? Tell us
Funding
SEC filings, press & company announcements$15.4M disclosed across 4 of 5 rounds · 2020–2026
- Undisclosed amountPre-SeedJun 2020Source ↗
▶$1.7MraisedJun 2026 · 7 investors · Other TechnologyRule 506(b)
▶$1.7MraisedJun 2026 · 7 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jan-Pieter ZoutewelleExecutive Officer
- Tomislav MarkovskiPromoter
- Michael BoydExecutive Officer, Director, Promoter
- Riley HughesExecutive Officer, Director, Promoter
- Offering amount
- $1.7M
- Amount sold
- $1.7M
- First sale
- Jun 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.6MraisedJun 2026 · 7 investors · Other TechnologyRule 506(b)
▶$1.6MraisedJun 2026 · 7 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Jan-Pieter ZoutewelleExecutive Officer
- Tomislav MarkovskiPromoter
- Michael BoydExecutive Officer, Director, Promoter
- Riley HughesExecutive Officer, Director, Promoter
- Offering amount
- $1.6M
- Amount sold
- $1.6M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3MraisedJun 2026 · 6 investors · Other TechnologyRule 506(b)
▶$3MraisedJun 2026 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Tomislav MarkovskiPromoter
- Michael BoydExecutive Officer, Director, Promoter
- Jan-Pieter ZoutewelleExecutive Officer
- Riley HughesExecutive Officer, Director, Promoter
- Offering amount
- $3M
- Amount sold
- $3M
- First sale
- Jun 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$9.1MraisedJan 2022 · 11 investors · Other TechnologyRule 506(b)
▶$9.1MraisedJan 2022 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Riley HughesExecutive Officer, Director, Promoter
- Tyson BaberDirector
- Michael BoydExecutive Officer, Promoter
- Tomislav MarkovskiExecutive Officer, Director, Promoter
- Offering amount
- $9.4M
- Amount sold
- $9.1M
- First sale
- Jan 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Companies working in the same space as Trinsic.
In the news
Frequently asked questions
- What does Trinsic do?
- Trinsic operates an identity acceptance network that lets businesses accept the digital IDs people already hold—such as mobile driver's licenses, bank IDs, and national wallets—through one normalized API. It targets businesses needing onboarding, verification, or compliance flows, providing reusable, privacy-preserving identity infrastructure built on open decentralized identity standards.
- Who founded Trinsic?
- Trinsic was founded by Michael Boyd, Riley Hughes, Tomislav Markovski in 2019.
- Who are Trinsic's investors?
- Trinsic's investors include 515 Ventures, Forward Venture Capital, Kickstart, Osage Venture Partners, Service Provider Capital, Georgian.
- How much funding has Trinsic raised?
- Trinsic has disclosed $15.4M raised across 4 of its 5 known rounds.
- Where is Trinsic headquartered?
- Trinsic is headquartered in West Jordan, US.