What is OwnID?
OwnID operates at the intersection of cybersecurity and user experience, providing a robust passwordless login alternative for websites and applications. By replacing traditional, vulnerable password-based credentials with advanced cryptographic keys, the platform effectively mitigates risks associated with credential stuffing and phishing attacks. This technology is essential for organizations looking to reduce friction in the user journey while simultaneously hardening their security posture against sophisticated cyber threats. As enterprises shift toward zero-trust architectures, OwnID serves as a foundational layer for identity management, ensuring that authentication remains both seamless and highly secure across diverse digital touchpoints.
How much funding has OwnID raised?
OwnID has raised a total of $6.2M across 1 funding round:
Angel/Seed
$6.2M
Angel/Seed (2022): $6.2M with participation from Mayfield
Key Investors in OwnID
Mayfield
Mayfield is a Menlo Park-based venture capital firm that raises dedicated funds to invest in early-stage technology companies, primarily at seed and Series A, backing enterprise, consumer, and infrastructure founders and partnering with them through growth and exit.
What's next for OwnID?
With this major strategic investment, OwnID is well-positioned to accelerate its product development roadmap and expand its footprint within the enterprise authentication sector. The company is expected to focus on scaling its integration capabilities, enabling broader adoption across complex legacy systems and modern cloud-native environments. Future growth will likely be driven by strategic partnerships and the continued refinement of its cryptographic authentication framework, aiming to set a new industry standard for identity verification. As the market moves away from legacy password systems, OwnID is poised to capture significant market share by addressing the dual imperatives of security and user convenience in the digital economy.
See full OwnID company page
