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Top 5 Multi-Factor Authentication Software Companies $100M+ Revenue (August 2026)

As of August 2026, Latka tracks 5 Multi-Factor authentication software companies with $100M+ in annual revenue. They have combined revenues of $1.2B and employ 7.6K people. They have raised $2.4B and serve 651.5K 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
5
Revenue
$1.2B
Funding
$2.4B
Employees
7.6K

Filters

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Top Multi-Factor Authentication Software Companies $100M+ Revenue

Showing 5 of 5 companies ranked by annual revenue.

1Ping Identity logo
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
21Password logo
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
3ID.me logo
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
Year founded
2010
Funding
$383M
Team size
1.1K
4Imprivata logo
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
Team size
1.2K
5Dashlane logo
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

Frequently asked questions about Multi-Factor Authentication Software Companies $100M+ Revenue

How many Multi-Factor authentication software companies with $100M+ in annual revenue are there?

Latka tracks 5 Multi-Factor authentication software companies with $100M+ in annual revenue. Together they generate $1.2B in annual revenue and employ 7.6K people.

Which Multi-Factor authentication software company with $100M+ in annual revenue is the largest?

Ping Identity is the largest, with $500M in annual revenue, founded in 2002.

How much revenue does a typical Multi-Factor authentication software company with $100M+ in annual revenue make?

The average Multi-Factor authentication software company in this list makes $242.3M a year, across 5 companies with reported revenue. They serve 651.5K customers combined.

Who are the leading Multi-Factor Authentication software vendors with $100M+ in annual revenue?

Ranked by annual revenue, the leaders are Ping Identity, 1Password, ID.me, Imprivata and Dashlane.

How much funding have Multi-Factor authentication software companies with $100M+ in annual revenue raised?

The 5 Multi-Factor authentication software companies with $100M+ in annual revenue tracked here have raised $2.4B in disclosed funding between them.

Related Security Software categories

All Security Software SaaS categoriesEvery category we track inside Security Software, each ranked by revenue.Browse every SaaS industryThe full A-Z of SaaS categories Latka tracks, from Multi-Factor Authentication to everything else.

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.