BioMetric Signature ID
Lewisville, Texas, United States
How BioMetric Signature ID hit $1.6M revenue with a 14 person team in 2023.
Developer of security software designed to focus on biometric ID verification software. The company's software offers multi-factor authentication to help manage security for online banking, healthcare record access and student identity proofing, enabling users to keep their content private.
2007
Founded
$1.6M
2023 Revenue
10%
YOY
$1.3M
Funding
BioMetric Signature ID Revenue
In 2023, BioMetric Signature ID revenue run rate hit $1.6M in revenue.
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2023
BioMetric Signature ID hit $1.6M in revenue in 2023
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2021
BioMetric Signature ID hit $1.3M in revenue in 2021
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2007
BioMetric Signature ID launched in 2007 with $0 revenue
BioMetric Signature ID Funding History
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2018 Series A
BioMetric Signature ID raised a Series A of in August, 2018
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2013 Venture Round
BioMetric Signature ID raised a Venture Round of in August, 2013
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2009 Venture Round
BioMetric Signature ID raised a Venture Round of in December, 2009
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| August, 09 2018 | Series A | ||
| August, 28 2013 | Venture Round | ||
| December, 20 2009 | Venture Round |
Team
BioMetric Signature ID has 14 total employees and 2 sales reps that carry a quota. an engineering team of 3 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 14 |
| Engineer | 3 (21%) |
| Sales | 2 (14%) |
| Marketing | 1 (7%) |
Founder / CEO
Jeff Maynard
I’m entrepreneurial-driven. It gives me the conviction to work through adversity. The motivation to seek new opportunities. The passion to improve how things are done. Whether in large companies or as CEO of a biometric software authentication company, I’m guided by my philosophy: Work hard when opportunity presents itself and focus on results that drive growth. I started my career in sales with a leading pharmaceutical firm. That foundation honed my questioning and listening skills. I won several awards in sales and management. Although rewarding, I found more enjoyment in the entrepreneurial opportunities that were presented in the company. I decided to leave the big healthcare company to fulfill my entrepreneurial drive. I embarked on a number of healthcare early-stage ventures. I was involved with business plans, fund-raising, sales and marketing, operations and business management. Some were successful, others were not. The experience taught me the importance of perseverance, relationships and being laser focused on solving customer needs. Bio-Sig was born when an opportunity presented itself during a customer conversation. We bootstrapped it for the first two years. The prototype attracted the attention of the State of Texas. We received funding from their Emerging Technology Fund. We were issued 2 patents. Independent testing was performed. NIST (National Institute of Standards and Technology) accepted our solution as 3x better than existing guidelines. Interest from customers grew including selection by President Obama’s National Strategy for Trusted Identities in Cyberspace (NSTIC). Today, BioSig-ID provides a SAAS solution that’s become the premier biometric ID authentication software in the education, financial services, government regulatory services, associations and healthcare industries. It’s satisfying to reflect on where the company has come. But it's even more satisfying to listen to customers and continue development that delivers improvements.
Q&A
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Customers
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BioMetric Signature ID Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jeff Maynard | CEO | [email protected] | - |
BioMetric Signature ID Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jeff Maynard | CEO | [email protected] | - |
Frequently Asked Questions about BioMetric Signature ID
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When was BioMetric Signature ID founded?
BioMetric Signature ID was founded in 2007.
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How much revenue does BioMetric Signature ID generate?
BioMetric Signature ID generates $1.6M in revenue.
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Who is the CEO of BioMetric Signature ID
The CEO of BioMetric Signature ID is Jeff Maynard.
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How much funding does BioMetric Signature ID have?
BioMetric Signature ID raised $1.3M.
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How many employees does BioMetric Signature ID have?
BioMetric Signature ID has 14 employees.
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Where is BioMetric Signature ID headquarters?
BioMetric Signature ID is headquartered at Lewisville, Texas, United States
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