Toronto, Ontario, Canada
platform to maintain strong credentials, manage access to services and report on usage
- Revenue
- $250M
- Customers
- 150K
- Year founded
- 2005
- Funding
- $920M
- Team size
- 2.8K
As of October 2026, Latka tracks 112 Multi-Factor authentication software companies. They have combined revenues of $2.1B and employ 15.2K people. They have raised $2.9B and serve 5.6M customers combined.
Every company below sells Multi-Factor authentication software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Multi-Factor Authentication (MFA) Software provides an additional layer of security for the digital login process. This type of software requires users to provide two or more distinct forms of verification before granting access to accounts or systems. Common methods include something the user knows (like a password), something the user has (like a mobile device or security token), and something the user is (such as a fingerprint or facial recognition). The primary use cases for MFA software are in enhancing security for sensitive data, protecting online accounts, and complying with regulatory requirements. This software is typically utilized by various organizations, including financial institutions, healthcare providers, and any businesses that manage sensitive customer information. Typical features include user management, reporting and analytics, integration with existing identity management systems, and support for various authentication methods. Common buyer personas include IT security professionals, compliance officers, and systems administrators, who seek to mitigate risks associated with account breaches and ensure that user verification processes are robust. As cyber threats continue to evolve, MFA software has become essential in safeguarding both personal and organizational data.
Sorting: Highest -> Lowest
Showing 10 of 112 companies ranked by annual revenue.
Toronto, Ontario, Canada
platform to maintain strong credentials, manage access to services and report on usage
Chicago, Illinois, United States
Keeper Security is a Chicago-based cybersecurity company founded in 2011 by Darren Guccione and Craig Lurie. The company develops Keeper, a password manager and secure digital vault, along with KeeperChat, an encrypted messaging application, and additional security products including secure digital file storage and BreachWatch, a dark web monitoring service. As of late 2018, Keeper Security reported more than 15 million users across more than 100 countries, with thousands of new users added to the platform each day. The company serves both individual consumers and businesses, with 85 percent of its business-to-business revenue coming from organizations it classifies as small and medium-sized businesses, defined as companies with fewer than 1,000 employees. Keeper Security has been entirely bootstrapped since inception, with Guccione seed-funding the company and the founders reinvesting profits into growth. The company reported being profitable as of 2018, with a 90 percent or better annual subscription retention rate and a team that grew from roughly 35 people in 2016 to approximately 140 by late 2018.
McLean, United States
ID.me is an online identity verification company that provides a digital wallet and authentication services for individuals. They help users access benefits, discounts, and services by verifying their identity online. ID.me has contracts with various government agencies and serves millions of users in the private sector.
Waltham, Massachusetts, United States
Imprivata is the digital identity company for life- and mission-critical industries, redefining how organizations solve complex workflow, security, and compliance challenges with solutions that protect critical data and applications without workflow disruption. Its platform of interoperable identity, authentication, and access management solutions enables organizations in over 45 countries to fully manage and secure all enterprise and third-party digital identities by establishing trust between people, technology, and information.
Boston, Massachusetts, United States
LastPass is a leading identity and password manager, making it easier to log in to life and work. Trusted by 100,000 businesses and millions of users, LastPass combines advanced security with effortless access for individuals, families, small business owners, and enterprise professionals. With LastPass, important credentials are protected and private – and always within reach. Learn more via www.lastpass.com.
Jakarta, Jakarta Raya, Indonesia
Developer of an online electronic identity verification technology designed to perform electronic transactions with confidence. The company's technology provides valid and legally binding electronic identity and signature, enabling businesses to verify the communication between people, organizations and machines by keeping authenticity, secrecy, integrity, access control and anti-denying.
San Francisco, California, United States
Anon is a developer platform that provides tools and infrastructure for building user-permissioned integrations across the internet. It allows developers to create secure connections between AI agents and user accounts on various websites and services, even those without traditional APIs. Anon handles complex authentication processes, including SSO, OAuth, and 2FA, while maintaining user privacy and security
Fremont, United States
AlertEnterprise offers identity intelligence and enterprise access management software for preventing fraud, theft and acts of sabotage.
New York, New York, United States
Prove is the modern way for businesses to enable their customers to prove their identities. Prove offers phone-centric solutions that enable its customers to acquire new consumers and engage with their existing consumers by removing friction while bolstering security and enhancing consumer privacy & consumer choice. Prove's solutions are used by more than 1,000 businesses across diversified industries, including banks, financial services, healthcare, insurance, and e-commerce. With 1 billion+ consumer and small business identity tokens under continuous management, Prove’s Phone-Centric Identity™ platform helps companies mitigate fraud while accelerating revenue and reducing operating costs across all channels. Prove’s omnichannel solutions are available in 195 countries.
Latka tracks 112 Multi-Factor authentication software companies with reported revenue. Together they generate $2.1B in annual revenue and employ 15.2K people.
1Password is the largest, with $250M in annual revenue, founded in 2005.
The average Multi-Factor authentication software company in this list makes $18.4M a year, across 112 companies with reported revenue. They serve 5.6M customers combined.
Ranked by annual revenue, the leaders are 1Password, Keeper Security, ID.me, Imprivata and Dashlane.
The 112 Multi-Factor authentication software companies tracked here have raised $2.9B in disclosed funding between them.
- The software must provide support for multiple authentication methods, including at least two independent categories of authentication. - It should offer user management capabilities, allowing administrators to control access and monitor usage. - The solution must include reporting and analytics features to track authentication attempts and potential security incidents. - It is essential that the solution integrates seamlessly with existing IT infrastructure, such as identity and access management systems. - Not just focused on password management; must also enforce additional layers of verification for secure access.
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