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Top 10 Multi-Factor Authentication Software Companies With $5M–$10M Revenue (August 2026)

As of August 2026, Latka tracks 10 Multi-Factor authentication software companies with $5M–$10M in annual revenue. They have combined revenues of $65.5M and employ 518 people. They have raised $121.3M and serve 290K 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.

What Multi-Factor Authentication Software Companies do

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.

Companies
10
Revenue
$65.5M
Funding
$121.3M
Employees
518

Filters

Sorting: Highest -> Lowest

Filters

Top Multi-Factor Authentication Software Companies With $5M–$10M Revenue

Showing 10 of 10 companies ranked by annual revenue.

1Infinite Convergence Solutions logo
Infinite Convergence Solutions

Arlington Heights, Illinois, United States

Provider of messaging and mobility software intended to facilitate mobile and wireless connectivity across multiple organizations, communities and cities. The company's messaging and mobility software includes a cloud-based mobile messaging with one-time passcodes, two-factor authentication and content management systems, multimedia message service, SMS Gateway, public safety messaging, rich communication suite and personal messaging cloud, enabling businesses to secure, automate and simplify wireless communication and virtual interaction facilities and meet communication-based corporate objectives.

Revenue
$9.2M
Year founded
2010
Team size
105
2PlainID logo
PlainID

Tel Aviv, Tel Aviv, Israel

PlainID is the world's leading provider of enterprise Authorization, helping enterprises address the complex challenges of Identity Security. The PlainID Platform allows you to discover, manage, and authorize access control policies for enterprise applications and data. Our solution is architected to protect against identity-centric security threats powered by Policy-Based Access Control (PBAC). Visit PlainID.com for more information.

Revenue
$9M
Year founded
2014
Funding
$99M
Team size
82
3Zilla Security logo
Zilla Security

Boston, Massachusetts, United States

Zilla Security is a company that provides identity security solutions. They offer a suite of Identity Security SaaS products and have recently launched a global channel program.

Revenue
$7.4M
Year founded
2019
Funding
$5.1M
Team size
41
4Futurae Technologies AG logo
Futurae Technologies AG

Zurich, Zurich, Switzerland

Empowering secure futures, Futurae pioneers innovative authentication, transaction and fraud prevention for a safer digital world Our mission is to increase the security of users online. We know that authentication and transaction confirmation can add value beyond a mere security guarantee. Our platform delivers that promise across industries: flawless customer experiences, real-time decision making, fraud prevention and customers insights analysis.

Revenue
$6.9M
Year founded
2016
Team size
63
5Tecalis logo
Tecalis

Madrid, Madrid, Spain

Growing Businesses through Digital Trust. Founded in 2011 in Galicia by two technology enthusiasts, Tecalis develops innovative digital products that drive the competitiveness, growth, and productivity of leading companies worldwide. With more than 10 years, 6 offices, customers in more than 20 countries and first-class partners, we boost growth and digital transformation processes to bring the future to companies today, solving the most complex technological challenges. Our KYC (Know Your Customer) video-streaming Identity Verification, Digital Onboarding and Authentication (MFA/2FA) solutions and services enable our customers to provide their users with an agile and secure experience. Our automation RPA (Robot Process Automation) software allows creating sustainable, scalable, productive and efficient business models through BPM (Business Process Management) to grow without limits. Electronic Signature and Certified Communication services (Electronic Fax) allow customer acquisition and contracting processes that used to take days or weeks to be completed and approved in minutes or seconds. As an EU-certified Trust Services Provider and an established RegTech partner, we help organizations comply with the most demanding regulatory standards in their industry and region, including AML, eIDAS, SCA or PSD2 thanks to Tecalis Anti-Fraud Controls and Document Verification. We create solutions that enable sustainable business models that improve the experience and security of millions of users in digital processes and we integrate and develop software quickly and without risk.

Revenue
$6.1M
Year founded
2011
Team size
55
6Clutch Security logo
Clutch Security

Tel Aviv, Israel

Clutch is the industry's first Universal Non-Human Identity Security Platform, purpose-built for the enterprise. It offers complete visibility through a security platform that protects Non-Human Identities across digital environments.

Revenue
$6M
Year founded
2023
Team size
43
7Corsha logo
Corsha

United States

API Security Platform

Revenue
$5.4M
Year founded
2018
Funding
$14.9M
Team size
40
8BioMetric Signature ID logo
BioMetric Signature ID

Lewisville, Texas, United States

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.

Revenue
$5.3M
Year founded
2007
Funding
$1.3M
Team size
14
9Versasec logo
Versasec

Stockholm, Sweden

The leading provider of credential management systems for businesses of all sizes.

Revenue
$5.2M
Year founded
2007
Funding
$977.3K
Team size
24
10GeeTest logo
GeeTest

China

Provider of an authentication technology designed to help in building an elegant authentication security system. The company's authentication technology allows to identify the difficulties, poor mobility and other security issues, enabling companies to ensure the authentication and security of their portals.

Revenue
$5M
Customers
290K
Year founded
2012
Team size
51

Frequently asked questions about Multi-Factor Authentication Software Companies With $5M–$10M Revenue

How many Multi-Factor authentication software companies with $5M–$10M in annual revenue are there?

Latka tracks 10 Multi-Factor authentication software companies with $5M–$10M in annual revenue. Together they generate $65.5M in annual revenue and employ 518 people.

Which Multi-Factor authentication software company with $5M–$10M in annual revenue is the largest?

Infinite Convergence Solutions is the largest, with $9.2M in annual revenue, founded in 2010.

How much revenue does a typical Multi-Factor authentication software company with $5M–$10M in annual revenue make?

The average Multi-Factor authentication software company in this list makes $6.6M a year, across 10 companies with reported revenue. They serve 290K customers combined.

Who are the leading Multi-Factor Authentication software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Infinite Convergence Solutions, PlainID, Zilla Security, Futurae Technologies AG and Tecalis.

How much funding have Multi-Factor authentication software companies with $5M–$10M in annual revenue raised?

The 10 Multi-Factor authentication software companies with $5M–$10M in annual revenue tracked here have raised $121.3M in disclosed funding between them.

Related Security Software categories

Inclusion Criteria

- 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.