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 5 Multi-Factor authentication software companies with $100M+ in annual revenue. They have combined revenues of $868.6M and employ 5.8K people. They have raised $1.5B and serve 745K 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 5 of 5 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.
Latka tracks 5 Multi-Factor authentication software companies with $100M+ in annual revenue. Together they generate $868.6M in annual revenue and employ 5.8K people.
1Password is the largest, with $250M in annual revenue, founded in 2005.
The average Multi-Factor authentication software company in this list makes $173.7M a year, across 5 companies with reported revenue. They serve 745K customers combined.
Ranked by annual revenue, the leaders are 1Password, Keeper Security, ID.me, Imprivata and Dashlane.
The 5 Multi-Factor authentication software companies with $100M+ in annual revenue tracked here have raised $1.5B 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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