What is Oloid?
Oloid operates as a sophisticated B2B SaaS platform dedicated to revolutionizing physical identity and access management. In an era where hybrid work and distributed digital ecosystems are the norm, Oloid provides a mobile-centric solution that bridges the gap between traditional security infrastructure and modern, cloud-native requirements. The platform enables organizations to manage workplace identity with high precision, ensuring that authentication is both seamless for the end-user and robust enough to meet stringent enterprise security standards. By focusing on privacy-forward protocols, Oloid effectively mitigates the risks associated with legacy access systems, offering a scalable framework that integrates across diverse corporate environments.
How much funding has Oloid raised?
Oloid has raised a total of $23.1M across 4 funding rounds:
Angel/Seed
$5M
Debt
$112K
Series A
$12M
Series A
$6M
Angel/Seed (2020): $5M with participation from Unusual Ventures and Emergent Ventures
Debt (2021): $112K led by PPP
Series A (2022): $12M supported by Dell Technologies Capital, Okta, and Honeywell
Series A (2024): $6M featuring George Kaiser Family Foundation, Yaletown Partners, and Exposition Ventures
Key Investors in Oloid
Dell Technologies Capital
Dell Technologies Capital is a venture capital company offering investments in early-stage technology companies, particularly those focused on data, security, and DevOps.
Okta
Okta is a leading independent identity provider specializing in cloud-based identity and access management, authentication infrastructure, and zero trust security technologies.
Honeywell
Honeywell International Inc. is a multinational conglomerate providing hardware, software, and analytics solutions for commercial environments, industrial automation, and building management.
What's next for Oloid?
With the successful closure of this recent financing round, Oloid is well-positioned to accelerate its product roadmap and expand its market footprint. The strategic backing from industry-leading investors suggests a clear trajectory toward scaling its go-to-market operations and deepening its technological moat in the identity management sector. As the company moves forward, the focus will likely shift toward enhancing its AI-driven authentication capabilities and broadening its integration ecosystem to support larger, more complex enterprise deployments. This capital injection provides the necessary runway to solidify Oloid's status as a category leader in the evolving landscape of workplace security and digital identity infrastructure.
See full Oloid company page
