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Top 46 Multi-Factor Authentication Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 46 Multi-Factor authentication software companies with $1M–$5M in annual revenue. They have combined revenues of $114.5M and employ 1.2K people. They have raised $65M and serve 11K 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
46
Revenue
$114.5M
Funding
$65M
Employees
1.2K

Filters

Sorting: Highest -> Lowest

Filters

Top Multi-Factor Authentication Software Companies With $1M–$5M Revenue

Showing 10 of 46 companies ranked by annual revenue.

1CoffeeBean Technology logo
CoffeeBean Technology

Fremont, California, United States

CoffeeBean Tech offers a comprehensive solution for managing user identities and authentication processes across all platforms. Our solution centralizes user identities—whether customers, partners, or employees—ensuring top-tier governance and privacy to meet regulatory compliance. Our product suite includes IGA, AM, CIAM, MFA, and a Wi-Fi Captive Portal, providing a robust and secure identity management framework.

Revenue
$4.4M
Year founded
2008
Team size
40
2Munily logo
Munily

Panama City, Panama

Access control management app for Latam´s gated communities

Revenue
$4.3M
Year founded
2019
Team size
30
3AuthX logo
AuthX

Gaithersburg, Maryland, United States

AuthX’s multi-factor authentication solutions, you can log in from anywhere at any time. A platform for easy identification and access management.

Revenue
$4.2M
Team size
38
49Star Research logo
9Star Research

Austin, Texas, United States

9STAR is a software company with a decade-long experience and knack for providing innovative and leading edge software solutions. Our clientele ranges from small to large enterprises and corporations across the globe, and our solutions can be deployed anywhere, on-premises or cloud. We are a full-stack cloud IT security, identity and authentication infrastructure management company that is driven by zeal to design, develop, and create world-class IT solutions. Time and again with our proficient cloud IT security infrastructure skills and expertise, we have developed state-of-the-art technical solutions that have made a profound impact in the enterprise. At 9STAR, we work closely with our customers to utilize our expertise and experience to reduce IT risks and costs while improving user experience. We emphasize on building a long-term strategic partnership with our clients while taking pride in exceeding their expectations using our in-depth enterprise cloud IT security and identity management expertise. 9STAR is headquartered in the United States of America (USA) but has a truly global presence including India, and Ukraine. We are a AWS and Microsoft Technology Partner. Our extraordinary yet simple combination of strategic planning and leading-edge technical understanding has helped us launch, deploy and manage successful IT infrastructure projects over the past decade. We serve a wide range of verticals including but not limited to: Healthcare, Higher Education, Financial, Banking, Retail, Media, and Public Sector organizations.

Revenue
$4.2M
Year founded
2002
Team size
38
5Protectimus Ltd logo
Protectimus Ltd

United States

Protectimus is currently the most affordable solution that will allow you to integrate two-factor authentication with any system. Protectimus is versatile and can be used in different formats: Cloud Service - Everything turn-key - Minimum costs - Quick integration - Live within a few hours Platform - Full control - Licensed product - Customizable solution - Individual approach – personal manager Advantages: - The advantages of Protectimus are not a marketing ploy – they are real: - Simplicity of Integration and Use - Cost Saving - We Value Your Time - Support of OATH Standards - Flexible and Convenient API (Program Interface) - Customized Service Plans - Free Testing Capabilities: - Integrate an unlimited number of your web systems or applications - Geographic Filter and Time Filter - Notifications - Analytical Tools, Statistics and Reports - Alternative Methods of OTP Delivery - Software and Hardware Tokens - Division and Delegation of Rights in the System

Revenue
$4.1M
Year founded
2013
Team size
37
6Kisi Security logo
Kisi Security

Brooklyn, New York, United States

Access control systems provider

Revenue
$4M
Year founded
2012
Team size
119
7Evo Security logo
Evo Security

Austin, Texas, United States

Evo Security is a multi-factor authentication for reselling.

Revenue
$4M
Year founded
2018
Funding
$3.8M
Team size
31
8Evident logo
Evident

Atlanta, Georgia, United States

Provider of identity assurance platform intended to simplify the complicated world of personal data and security services. The company's secured API services offers stringent identity verification and background check and in the process eliminates the need to collect sensitive information, helping avoid abandonment and minimizing exposure to cybersecurity threats, enabling enterprises to obtain and use verified personal data from individuals.

Revenue
$3.7M
Year founded
2015
Funding
$28.8M
Team size
68
9Veridium logo
Veridium

New York, New York, United Kingdom

Developer of a biometric identification platform intended to reduce data breaches and fraudulent transactions. The company's platform replaces tokens and passwords and instead uses a single-step multi-factor biometric authentication feature to verify data and distribute the storage between the device and server and avoid external intrusions, enabling businesses to detect and eliminate unwanted breaches, hence maintaining data privacy.

Revenue
$3.5M
Year founded
2013
Funding
$16.7M
Team size
43
10Integrity Advocate logo
Integrity Advocate

Calgary, Alberta, Canada

The only identity verification, participation monitoring, and exam proctoring solution built on Privacy by Design principles. Integrity Advocate protects learner privacy and ensures assessment integrity for online learning events. Leveraging human reviewers assisted by proprietary technology to provide invigilation services that are available 24/7 on all devices, no plugins or software installation required.

Revenue
$3.4M
Year founded
2015
Team size
31

Frequently asked questions about Multi-Factor Authentication Software Companies With $1M–$5M Revenue

How many Multi-Factor authentication software companies with $1M–$5M in annual revenue are there?

Latka tracks 46 Multi-Factor authentication software companies with $1M–$5M in annual revenue. Together they generate $114.5M in annual revenue and employ 1.2K people.

Which Multi-Factor authentication software company with $1M–$5M in annual revenue is the largest?

CoffeeBean Technology is the largest, with $4.4M in annual revenue, founded in 2008.

How much revenue does a typical Multi-Factor authentication software company with $1M–$5M in annual revenue make?

The average Multi-Factor authentication software company in this list makes $2.5M a year, across 46 companies with reported revenue. They serve 11K customers combined.

Who are the leading Multi-Factor Authentication software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are CoffeeBean Technology, Munily, AuthX, 9Star Research and Protectimus Ltd.

How much funding have Multi-Factor authentication software companies with $1M–$5M in annual revenue raised?

The 46 Multi-Factor authentication software companies with $1M–$5M in annual revenue tracked here have raised $65M 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.