Top 113 Multi-Factor Authentication (MFA) Software SaaS Companies in May 2026
As of May 2026, there are 113 SaaS companies in Multi-Factor Authentication (MFA) Software. They have combined revenues of $2.5B and employ 17.3K people. They have raised $3.4B and serve 5.5M customers combined.
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.
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.
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.
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.
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.
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.
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.
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.
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
Funding
-
Team size
51
Growth
-
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.
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