- Revenue
- $900K
- Year founded
- 2020
- Team size
- 6
Top 7 Passwordless Authentication Software Companies Under $1M Revenue (September 2026)
As of September 2026, Latka tracks 7 passwordless authentication software companies under $1M in annual revenue. They have combined revenues of $2.4M and employ 117 people. They have raised $6.8M.
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
- 7
- Revenue
- $2.4M
- Funding
- $6.8M
- Employees
- 117
Filters
Sorting: Highest -> Lowest
Top Passwordless Authentication Software Companies Under $1M Revenue
Showing 7 of 7 companies ranked by annual revenue.
- Revenue
- $683.1K
- Year founded
- 2023
- Team size
- 11
3
inBay Technologies
Ottawa, Ontario, Canada
Developer of access authorization software designed to provide password-less mutual identity assurance. The company's access authorization software, idQ Trust as a Service (TaaS), offers easy to use, safe and secure access to enterprise services and applications, enabling companies of all types and sizes to employ leading edge multi-level, multi-factor password-less authentication and delegated authorization systems.
- Revenue
- $400.6K
- Year founded
- 2009
- Team size
- 8
4
Hanko
Kiel, Schleswig-holstein, Germany
Hanko offers a multi-factor authentication service for convenient and secure user authentication without passwords. By supporting open FIDO standards (U2F, UAF, FIDO2, WebAuthn) and OpenID Connect, OAuth2, SAML, and LDAP, Hanko enables businesses to quickly integrate the most advanced authentication methods into their web portals and applications.
- Revenue
- $272.2K
- Year founded
- 2018
- Team size
- 7
5
TraitWare
Nevada, California, United States
Developer of a security platform designed to verify user identity without any passwords. The company's platform simplifies and secures access to protected applications and websites by eliminating dependence on the use of inconvenient and problematic usernames or separate hardware tokens, enabling clients to improves the protection by adding two-factor authentication to the login process to access digital and physical resources.
- Revenue
- $129.3K
- Year founded
- 2008
- Funding
- $6.8M
- Team size
- 17
6
OTPless Solutions Private Limited
New Delhi, Delhi, India
Activate OTP-less. One tap sign in with WhatsApp, Google and Apple. Fast, simple, secure.
- Revenue
- $27.4K
- Team size
- 67
- Revenue
- $1K
- Year founded
- 2023
- Team size
- 1
Frequently asked questions about Passwordless Authentication Software Companies Under $1M Revenue
How many passwordless authentication software companies under $1M in annual revenue are there?
Latka tracks 7 passwordless authentication software companies under $1M in annual revenue. Together they generate $2.4M in annual revenue and employ 117 people.
Which passwordless authentication software company under $1M in annual revenue is the largest?
idemeum is the largest, with $900K in annual revenue, founded in 2020.
How much revenue does a typical passwordless authentication software company under $1M in annual revenue make?
The average passwordless authentication software company in this list makes $344.8K a year, across 7 companies with reported revenue.
Who are the leading Passwordless Authentication software vendors under $1M in annual revenue?
Ranked by annual revenue, the leaders are idemeum, MojoAuth, inBay Technologies, Hanko and TraitWare.
How much funding have passwordless authentication software companies under $1M in annual revenue raised?
The 7 passwordless authentication software companies under $1M in annual revenue tracked here have raised $6.8M 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.