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Top 18 Passwordless Authentication Software Companies (August 2026)

As of August 2026, Latka tracks 18 passwordless authentication software companies. They have combined revenues of $109.5M and employ 727 people. They have raised $268.1M.

Every company below sells passwordless 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 Passwordless Authentication Software Companies do

Passwordless authentication software enables users to verify their identity without relying on traditional passwords. This approach utilizes alternative methods such as biometrics, one-time codes, or trusted devices, enhancing security and user experience. Typically used in sectors where security and user access are critical, these solutions cater to enterprises seeking to mitigate the risks associated with password management and phishing attacks. Key features often include multi-factor authentication options, seamless integration with existing systems, and user-friendly interfaces that streamline the login process. The primary users of passwordless authentication solutions include IT departments, security administrators, and organizations focused on improving customer experience and digital identity management. As businesses move to a more digital landscape, the demand for these innovative authentication methods continues to grow.

Companies
18
Revenue
$109.5M
Funding
$268.1M
Employees
727

Filters

Sorting: Highest -> Lowest

Filters

Top Passwordless Authentication Software Companies by revenue

Showing 10 of 18 companies ranked by annual revenue.

1Beyond Identity logo
Beyond Identity

New York, New York, United States

Beyond Identity is the only IAM platform architected to stop unauthorized access. Our mission is to protect the livelihood of our customers, freeing them to focus on what matters. Every other IAM platform was built to drive productivity, making security an afterthought and providing a highway for bad actors to exploit. Beyond Identity is the only secure-by-design IAM platform foundationally built to ensure only trusted users and secure devices can ever gain and maintain access.

Revenue
$37.8M
Year founded
2020
Funding
$175.2M
Team size
137
2oloid.com logo
oloid.com

United States

Oloid is a pioneering company specializing in computer vision-based solutions for workplace safety and security. It provides passwordless identity and access solutions, converging cyber and physical security, and offers a contactless single-sign-on solution for deskless workers.

Revenue
$25.8M
Team size
77
3Axiad logo
Axiad

San Jose, California, United States

Axiad is an identity security company that provides passwordless authentication and credential management solutions, focusing on combating compromised credentials, which account for over 70% of enterprise breaches.

Revenue
$12.4M
Year founded
2010
Team size
56
4Keyless logo
Keyless

London, England, United Kingdom

Keyless offers a passwordless multi-factor authentication system that uses biometric data to verify users while ensuring privacy by not storing any biometric data.

Revenue
$11.3M
Year founded
2019
Team size
74
5Secondmind logo
Secondmind

Cambridge, England, United Kingdom

Developer of a voice intelligence technology platform intended to help businesses to leverage the voice AI for telephony. The company's platform protects employee, user passwords and accounts from online hackers and offers to use voice biometrics for online security in a turnkey manner, enabling clients to protect their business against phishing. Its platform democratizes Voice AI by enabling any size business to deploy security and productivity solutions with no or minimal code.

Revenue
$6.6M
Year founded
2016
Team size
56
6Kisi Security logo
Kisi Security

Brooklyn, New York, United States

Access control systems provider

Revenue
$4M
Year founded
2012
Team size
119
7SecureW2 logo
SecureW2

Seattle, Washington, United States

SecureW2 provides next-generation passwordless network security for enterprises, education, healthcare, service providers and small businesses around the globe. We offer Certificate & Managed PKI services, top-rated device onboarding software plus world-class RADIUS authentication services. SecureW2 provides everything an organization needs to secure its networks' perimeter by eliminating credential theft risk and improving user experience.

Revenue
$4M
Year founded
2020
Funding
$80M
Team size
36
8iCrypto logo
iCrypto

Santa Clara, California, United States

iCrypto is an Authentication-as-a-Service solution that will disrupt the antiquated password login paradigm. The iCrypto cloud architecture delivers secure authentication to your trusted mobile device, whether that be through your smartphone, tablet or wearable device. This can be used in place of passwords, or in addition to passwords for multi-factor authentication. The iCrypto service makes the enterprise and consumer onboarding process frictionless, thereby enabling any SMB or knowledgeable consumer a low-touch path to added security. The global authentication market is growing at a pace of 20% CAGR with a $3B market today. Additionally, small and medium enterprises are the fastest growing segment of the business population and accounts for 1/3 of all employment worldwide.We have pulled together a world class team from Intel, HTC, Sun, Silicon Image, SafeNet and McAfee with decades of combined experience in the mobile industry and enterprise software. Collectively, we have worked a

Revenue
$1.9M
Year founded
2012
Team size
12
9IDEE GmbH logo
IDEE GmbH

Munich, Bayern, Germany

Leader in truly passwordless authentication and authorization services (SaaS). Made in Germany with privacy by design.

Revenue
$1.2M
Year founded
2015
Funding
$6.1M
Team size
24
10Swoop In Technologies logo
Swoop In Technologies

Albuquerque, New Mexico, United States

Swoop is a company that provides passwordless authentication solutions. Their technology allows users to log in to websites and applications without the need for passwords, increasing security and convenience.

Revenue
$1.1M
Year founded
2017
Team size
4

Frequently asked questions about Passwordless Authentication Software Companies

How many passwordless authentication software companies are there?

Latka tracks 18 passwordless authentication software companies with reported revenue. Together they generate $109.5M in annual revenue and employ 727 people.

Which passwordless authentication software company is the largest?

Beyond Identity is the largest, with $37.8M in annual revenue, founded in 2020.

How much revenue does a typical passwordless authentication software company make?

The average passwordless authentication software company in this list makes $6.1M a year, across 18 companies with reported revenue.

Who are the leading Passwordless Authentication software vendors?

Ranked by annual revenue, the leaders are Beyond Identity, oloid.com, Axiad, Keyless and Secondmind.

How much funding have passwordless authentication software companies raised?

The 18 passwordless authentication software companies tracked here have raised $268.1M in disclosed funding between them.

Related Security Software categories

Inclusion Criteria

- Must provide alternative authentication methods such as biometrics or one-time codes. - Must improve security and reduce the risk of phishing attacks compared to traditional passwords. - Should integrate with existing identity and access management systems. - Must enhance user experience by streamlining the login process. - Must support multi-factor authentication capabilities. - Not just focus on regulatory compliance; must also prioritize user convenience and accessibility.