What is UnifyID?
Headquartered in Redwood City, California, UnifyID is at the forefront of developing the first implicit authentication platform. The company's innovative technology authenticates users by analyzing behavioral and environmental factors with high accuracy, all while prioritizing user privacy and avoiding negative impacts on user experience. UnifyID's leadership in passive authentication and behavioral biometrics is recognized through numerous industry accolades, including being a TechCrunch Disrupt runner-up, RSA Innovation Sandbox unanimous winner, SXSW Security and Privacy Winner, Gartner Cool Vendor, EMA Top 3 Vendor in Authentication, 2020 Overall Fraud Prevention Solution of the Year, and named to the Forbes AI 50: Most Promising AI Companies in 2021. The company's approach to authentication is a key differentiator in the cybersecurity landscape.
How much funding has UnifyID raised?
UnifyID has raised a total of $20.4M across 2 funding rounds:
Series A
$20M
Debt
$350K
Series A (2017): $20M with participation from Accomplice, Andreesen Horowitz, New Enterprise Associates, and Stanford StartX
Debt (2020): $350K led by PPP
Key Investors in UnifyID
Accomplice
Accomplice is a venture capital firm based in Massachusetts, United States, that invests in technology startup companies.
Andreesen Horowitz
Founded in 2009 and headquartered in Menlo Park, California, Andreessen Horowitz is a venture capital firm that invests in both early-stage start-ups and established growth companies.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates (NEA) is a venture capital firm focused on helping entrepreneurs build businesses.
What's next for UnifyID?
With substantial enterprise-level capital infusion, UnifyID is poised for accelerated growth and market expansion. The recent strategic investment will likely fuel further research and development into its implicit authentication platform, enhancing its capabilities and broadening its application across various industries. This capital injection is expected to bolster UnifyID's market position as a leader in passive authentication and behavioral biometrics, enabling the company to scale its operations, enhance its go-to-market strategies, and potentially explore new product verticals. The company's trajectory suggests a focus on solidifying its competitive advantage and capturing a larger share of the rapidly evolving digital security market.
See full UnifyID company page
