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How DUST Identity CEO Ophir Gaathon grew DUST Identity to $2.9M revenue with a 34 person team in 2024.

Developer of technology designed to create an unclonable identity layer on any object. The company's technology leverages the inherent randomness in nanoscale systems to generate large, unique cryptographic keys for challenge-response protocols in a small footprint that can be applied to any surface, providing clients with trusted physical identity for things.

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DUST Identity Revenue

In 2024, DUST Identity's revenue reached $2.9M. The company previously reported $1.4M in 2023. Since its launch in 2007, DUST Identity has shown consistent revenue growth.

DUST Identity Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M2007200920112013201520172019202120232024$0$1M$3MSource: GetLatka.com
YearMilestone
2024DUST Identity Hit $2.9m revenue in October 2024
2023DUST Identity Hit $1.4m revenue in December 2023
2021DUST Identity Hit $1.4m revenue in April 2021
2007Launched with $0 revenue

DUST Identity Valuation, Funding Rounds

DUST Identity has not publicly disclosed its valuation. The company has raised $12.3M in total funding to date.

DUST Identity has raised $12.3M in total funding across 2 rounds, with its most recent round in 2019.

DUST Identity Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$6M$9M$12M$15M20072009201120132015201720192007 cumulative: $0 • 2007 Founded: $02018 cumulative: $2M • 2007 Founded: $0 • 2018 Funding round: $2M2019 cumulative: $12M • 2007 Founded: $0 • 2018 Funding round: $2M • 2019 Funding round: $10M$12M2007 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$10M--
2018Funding round$2.3M--

DUST Identity Employees & Team Size

DUST Identity employs approximately 34 people as of 2026, down from 41 in 2023.

DUST Identity has 34 total employees in different roles and functions and 6 sales reps that carry a quota.

DUST Identity Team GrowthReported headcount over time013253850632007200920112013201520172019202120232024003434Source: GetLatka.com
YearMilestone
2024Reached 34 employees (October 2024)
2023Reached 41 employees (December 2023)
2022Reached 48 employees (December 2022)
2021Reached 47 employees (December 2021)
2021Reached 35 employees (April 2021)

Founder / CEO

Ophir Gaathon

CEO and Co-founder at DUST Identity. DUST Identity is the creator of the Diamond Unclonable Security Tag (DUST), a proprietary technology utilizing nano-engineered diamonds to create an unclonable identity layer on any object. DUST Identity is the only supply-chain solution that ensures that trusted data and verifiable products are used and traced across their full lifecycle. DUST Identity, established in 2018 and headquartered in Boston, was created by a team of of quantum physics, nanotechnology and cyber experts. The company is an MIT spinoff, participated in several DARPA programs and is backed by Kleiner Perkins with participation from New Science Ventures, Angular Ventures and Castle Island Ventures.

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Customers

We do not have customer count information for DUST Identity yet.

Frequently Asked Questions about DUST Identity

What is DUST Identity's revenue?

DUST Identity generates $2.9M in revenue.

Who founded DUST Identity?

DUST Identity was founded by Ophir Gaathon.

Who is the CEO of DUST Identity?

The CEO of DUST Identity is Ophir Gaathon.

How much funding does DUST Identity have?

DUST Identity raised $12.3M.

How many employees does DUST Identity have?

DUST Identity has 34 employees.

Where is DUST Identity headquarters?

DUST Identity is headquartered in Newton, Massachusetts, United States.

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Compare DUST Identity to the industry

DUST Identity operates across multiple industries. Browse revenue, funding, and growth data for DUST Identity in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

DUST Identity Revenue 2024: $2.9M ARR, $12.3M Raised