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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.

Companies
113
Revenue
$2.5B
Funding
$3.4B
Employees
17.3K

Filters

Sorting: Highest -> Lowest

Filters
Revenue
All<$1M$1M-$5M$5M-$10M$10M-$100M$100M+
Funding (Locked)Growth (Locked)Team-Size (Locked)

Top Multi-Factor Authentication (MFA) Software Companies

Showing 10 of 5 companies ranked by annual revenue.

1
Ping Identity

Denver, CO, United States

At Ping, we make it possible to trust every digital moment: moments with customers, employees, partners, and non-human identities. Whether you're securing millions of users, fighting sophisticated fraud, simplifying third-party access, or embracing passwordless experiences and verifiable credentials, establishing trust shouldn’t slow you down. Our enterprise-grade identity platform is built for scale, speed, and flexibility—and works seamlessly with your existing tech stack across cloud, hybrid, and on-prem. We help innovators like you accelerate growth and confidently leverage AI, making life easier for your developers, users, IT teams, and partners. With Ping, all your digital experiences start with trust. Headquartered in Denver, Colorado, Ping Identity also has offices across the world including Austin, Bangalore, Edinburgh, Grenoble, Israel, London, San Francisco, Singapore, and Vancouver. *On August 23, 2023, Ping Identity and ForgeRock joined together to deliver more choice, deeper expertise, and a more complete identity solution for customers and partners.

Revenue
$500M
Customers
1.5K
Year founded
2002
Funding
$923.9M
Team size
2.1K
Growth
-
2
1Password

Toronto, Ontario, Canada

platform to maintain strong credentials, manage access to services and report on usage

Revenue
$318M
Customers
150K
Year founded
2005
Funding
$920M
Team size
2.8K
Growth
27.21%
3
ID.me

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.

Revenue
$150M
Customers
-
Year founded
2010
Funding
$383M
Team size
1.1K
Growth
-
4
Imprivata

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.

Revenue
$130.2M
Customers
-
Year founded
-
Funding
-
Team size
1.2K
Growth
-
5
Dashlane

New York, New York, United States

Password manager and digital wallet

Revenue
$113.4M
Customers
500K
Year founded
2009
Funding
$129.2M
Team size
340
Growth
35.96%

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.