How Much Did Oloid Raise?
Funding & Key Investors

Oloid, a prominent innovator in the physical identity and access management sector, has successfully secured a major strategic investment, bringing its total capital raised to $23.1M. This latest infusion of $6M underscores the market's growing demand for sophisticated, privacy-forward authentication solutions within the modern enterprise landscape. By leveraging this capital, Oloid continues to solidify its position as a critical player in the B2B SaaS ecosystem, facilitating secure and seamless workplace access through its unified identity framework.

What is Oloid?

Oloid
SoftwareSecurity Software

Oloid operates as a specialized B2B SaaS platform dedicated to redefining physical identity and access management. The company provides a mobile-first, privacy-centric authentication infrastructure that integrates seamlessly into existing workplace environments. By replacing traditional, friction-heavy access methods with a unified digital identity framework, Oloid enables organizations to manage user access, authentication workflows, and security protocols across diverse physical and digital touchpoints. Its market position is defined by its ability to bridge the gap between legacy security systems and the requirements of a modern, distributed workforce, ensuring that enterprises can maintain rigorous security standards without compromising operational efficiency or user experience.

How much funding has Oloid raised?

Oloid has raised a total of $23.1M across 4 funding rounds:

2020

Angel/Seed

$5M

2021

Debt

$112K

2022

Series A

$12M

2024

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, Exposition Ventures, and Yaletown Partners

Key Investors in Oloid

George Kaiser Family Foundation

A philanthropic organization that supports community health, social services, and civic enhancement, often participating in strategic growth initiatives.

Exposition Ventures

A venture firm focused on integrating social layers into business models to enhance client engagement and modernize corporate interaction.

Yaletown Partners

A growth-stage investment firm specializing in transformative technology companies that drive sustainable and impactful industrial change.

What's next for Oloid?

With the successful completion of this major strategic investment, Oloid is well-positioned to accelerate its product development roadmap and expand its market reach. The company is expected to focus on scaling its enterprise-grade authentication capabilities, further refining its mobile-first identity solutions to meet the evolving needs of global organizations. As the demand for zero-trust security architectures and automated access management continues to rise, Oloid's strategic trajectory suggests a continued emphasis on deep integration with existing enterprise software stacks. This capital injection provides the necessary runway to enhance its competitive advantage, drive innovation in biometric and credential-less access, and solidify its role as a foundational element of the future workplace security stack.

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Frequently Asked Questions Regarding Oloid Financial Insights

What are the most recent funding rounds that Oloid has completed, and what were the funding rounds?
Oloid has recently completed 3 funding rounds: Series A on Oct 24, 2024, Series A on Feb 8, 2022, Debt on Mar 2, 2021.
What is the total amount of funding Oloid has raised to date?
Oloid has raised a total of $23.1M in funding to date.
How many funding rounds has Oloid completed?
Oloid has completed 3 funding rounds.
How much funding did Oloid raise in its most recent funding round?
Oloid raised $6M in its most recent funding round.
Who are the lead investors in Oloid's latest funding round?
The lead investor in Oloid's latest funding round was George Kaiser Family Foundation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Oloid's history?
The largest funding round in Oloid's history was $12M.
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