WhiteBridge AI, a Vilnius-based platform specializing in people search and digital identity management, has announced the closing of a $3 million seed funding round, equivalent to approximately €2.6 million. The round was led by FIRSTPICK VC and included participation from several other investors.

Funding Objectives

The company plans to use the raised funds to expand its operations and further develop the platform. Specific details on the allocation of capital or geographical areas of expansion have not been provided.

Market Context

Digital identity management platforms are becoming increasingly important for companies that need to ensure compliance with privacy regulations and protect their customers' data. The ability to search and verify people's identities is critical in many sectors, from finance to e-commerce.