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Top 18 Passwordless Authentication Software SaaS Companies in May 2026

As of May 2026, there are 18 SaaS companies in Passwordless Authentication Software. They have combined revenues of $109.5M and employ 727 people. They have raised $268.1M and serve - customers combined.

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

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Top Passwordless Authentication Software Companies

Showing 10 of 4 companies ranked by annual revenue.

1
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
Customers
-
Year founded
2020
Funding
$175.2M
Team size
137
Growth
-
2
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
Customers
-
Year founded
-
Funding
-
Team size
77
Growth
-
3
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
Customers
-
Year founded
2010
Funding
-
Team size
56
Growth
-
4
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
Customers
-
Year founded
2019
Funding
-
Team size
74
Growth
-

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.