COMPANY INFO
Beyond Identity, Inc. is a cybersecurity company founded in 2019 by James Clark, Nelson Melo, and Thomas Jermoluk. It has approximately 141-143 employees and offers a passwordless identity management platform that eliminates passwords by using asymmetric-key cryptography to secure digital business and prevent identity-based attacks. The company operates in the Cyber Security, Identity Management, Network Security, and Business/Productivity Software industries, and its website is www.beyondidentity.com.
Beyond Identity, Inc. is a cybersecurity company founded in 2019 by James Clark, Nelson Melo, and Thomas Jermoluk. Operating within the Cyber Security, Identity Management, Network Security, and Business/Productivity Software industries, Beyond Identity provides an advanced passwordless identity management platform designed to eliminate passwords and adopt asymmetric-key cryptography. By offering secure digital access and proactively preventing identity-based attacks, the company helps organizations achieve zero-trust authentication environments. Headquartered in New York, United States, Beyond Identity serves a global clientele and employs approximately 141 professionals.
Beyond Identity, Inc. funding has followed a targeted and strategic growth trajectory since its foundation. The company has raised a total of $205 million through three significant funding rounds. Its funding strategy emphasizes rapid innovation in passwordless authentication, expansion of distribution and partner channels, and global scaling—especially into Asia-Pacific and Latin America. Key milestones include a $30 million Series A for initial product development, followed quickly by a $75.2 million Series B for market and international expansion, and culminating in a $100 million Series C in 2022 that valued the company at $1.1 billion. Throughout these rounds, Beyond Identity, Inc. investors such as Evolution Equity Partners, New Enterprise Associates, Koch Industries, and Potentum Partners have played major roles in fueling the company’s growth agenda.
The Series C round was focused on accelerating the adoption of invisible, un-phishable Multi-Factor Authentication (MFA), expanding research and development capabilities, and extending Beyond Identity's footprint in Asia-Pacific and Latin America. This round brought the company’s valuation to $1.1 billion.
The Series B round was instrumental for advancing Beyond Identity’s passwordless identity platform, increasing innovation, and building a global footprint. Funds were used to develop distribution channels, onboard OEM partners, and expand international sales and support.
The Series A funding supported the initial product development and the launch of Beyond Identity’s state-of-the-art passwordless authentication platform.
Evolution Equity Partners led the Series C round and has provided strategic venture capital insights and support as Beyond Identity scaled operations and global footprint.
New Enterprise Associates (NEA) has invested in multiple funding rounds, playing a continuous and pivotal role in Beyond Identity's funding rounds and growth strategy.
Koch Industries, via Koch Disruptive Technologies, has actively participated in early rounds, supporting the company’s innovative approach to cybersecurity and identity management.
Potentum Partners joined as an investor in the Series C round, bringing expertise and additional capital to fuel Beyond Identity’s global expansion.
Expanding Capital participated in the Series C round, supporting further innovation and global market expansion.
Jim Clark, one of the founders, also directly invested in the company, providing additional credibility and capital for growth.
MicroVentures is recognized as a key investor in previous rounds, supporting Beyond Identity’s venture-backed growth strategy.
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