MFA vendors
We list 49 companies active in MFA and passwordless authentication, and 11 of them have it as their main focus. 5 are public, 12 are owned by another company and 32 are private. Most are based in the United States (32). The oldest, Thales Cyber Solutions, was founded in 1893. By revenue from annual reports, the largest company here is Microsoft ($331.8bn in FY2026).
By countryUnited States 32
Companies focused on MFA and passwordless authentication
11 companies| Company | Based in | Founded | Size | Ownership | Revenue |
|---|---|---|---|---|---|
OneSpan OneSpan provides authentication, fraud prevention, and eSignature solutions for digital agreements and transactions. | Boston, United States | Public, OSPN | $243.2m (FY2025) | ||
CAI Technology CAI Technology is a Romanian company that builds specialised AI tools for regulated sectors. | Bucharest, Romania | 2024 | Private | ||
Duo Security Duo Security provides multi-factor authentication and identity security tools for businesses. | Ann Arbor, United States | 2010 | Owned by Cisco | ||
H HB Technologies HB Technologies provides smart card and digital security solutions for government, banking, telecom and transport sectors. | Rouiba, Algeria | 2004 | Private | ||
HYPR HYPR provides passwordless authentication and identity verification for enterprises. | Holmdel, United States | 2014 | Private | ||
Paravision Paravision builds identity AI software. | United States | Private | |||
T Trust Onion Trust Onion makes an app that helps trusted groups verify each other's identity using rotating codewords and signed selfies. | Sheridan, United States | Private | |||
ValidSoft ValidSoft provides voice authentication and deepfake detection. | United Kingdom | 2003 | Private | ||
Beyond Identity Beyond Identity provides identity security software that eliminates passwords and verifies users and devices. | New York, United States | Private | |||
H HID Global Authentication products including FIDO security keys, smart cards and passkey management, alongside physical access control, credential issuance and identity technology. | Austin, United States | Private | |||
Yubico Yubico makes hardware security keys for authentication and access control. | Stockholm, Sweden | 2007 | Owned by ACQ Bure AB |
Also active in MFA and passwordless authentication
38 companies| Company | Based in | Founded | Size | Ownership | Revenue |
|---|---|---|---|---|---|
Microsoft Microsoft sells software, cloud services, hardware, and gaming products. | Redmond, United States | 1975 | 228,000 staff | Public, MSFT | $331.8bn (FY2026) |
Okta Okta provides cloud-based identity and access management solutions for workforce and customer identities. | San Francisco, United States | 2009 | Public, OKTA | $2.9bn (FY2026) | |
BIO-key International BIO-key provides identity and access management solutions with biometric authentication for enterprises and organisations. | Holmdel, United States | Public, BKYI | $5.9m (FY2025) | ||
Thales Cyber Solutions Cybersecurity division of the Thales Group, with ANSSI, CREST, FedRAMP 3PAO, and NATO-cleared personnel. Defence, government, and critical infrastructure penetration testing worldwide. | Paris, France | 1893 | 83,020 staff | Owned by Thales | |
Buypass Buypass AS is a Norwegian company that provides secure digital identity, electronic signature and payment services. | Oslo, Norway | 2001 | 90 staff | Owned by Total Specific Solutions | |
1Password Provides a password manager and platform for securing credentials and access. | Toronto, Canada | 2005 | Private | ||
Auth0 Auth0 provides authentication and authorization services for applications and AI agents. | Bellevue, United States | 2013 | Part of Okta | ||
Authentik Security Authentik Security provides a self-hosted open source identity provider for authentication and access management. | Philadelphia, United States | 2020 | Private | ||
Bitwarden Bitwarden provides open source password management and secrets management for individuals and organisations. | Santa Barbara, United States | 2016 | Private | ||
Clavister Clavister is a Swedish cybersecurity company that develops, tests and supports all its technology in Sweden. | Örnsköldsvik, Sweden | 1997 | Public, CLAV | ||
Dashlane Dashlane provides credential security and password management for businesses. | Paris, France | 2009 | Private | ||
Descope Descope provides a customer and agentic identity platform for authentication and authorization. | Los Altos, United States | 2022 | Private | ||
Enpass Enpass is a password manager that stores encrypted data on the user's own cloud storage. | Wilmington, United States | Private | |||
FaceTec FaceTec provides 3D liveness detection and face matching software for secure identity verification. | Summerlin, United States | Private | |||
Imprivata Imprivata provides access management and digital identity solutions for organisations in mission-critical and life-critical sectors. | Lexington, United States | 2002 | Owned by Thoma Bravo | ||
Ironvest IronVest provides intent verification for banks and fintechs to prevent fraud. | United States | 2022 | Private | ||
IronWiFi IronWiFi sells a cloud-based network identity platform for WiFi authentication and access control. | Orlando, United States | 2014 | Private | ||
Iru Iru is a software company that sells a unified platform for managing devices, identity and compliance. | Coral Gables, United States | 2018 | Private | ||
JumpCloud JumpCloud provides a cloud-based directory platform for managing identities, devices, and access. | Louisville, United States | 2013 | Private | ||
LastPass LastPass provides password management and access control software for individuals and businesses. | United States | 2008 | Owned by Francisco Partners and Elliott Investment Management | ||
LoginRadius LoginRadius provides a customer identity and access management platform for enterprises to authenticate and manage users. | Vancouver, Canada | 2012 | Private | ||
OneLogin OneLogin sells identity and access management software. | San Francisco, United States | 2009 | Part of One Identity | ||
Pindrop Pindrop provides deepfake detection and identity verification for voice and video interactions. | Atlanta, United States | 2011 | Private | ||
Ping Identity Ping Identity provides identity and access management software for enterprises. | Denver, United States | 2002 | Owned by Thoma Bravo | ||
PONA Technology PONA Teknoloji manufactures firewalls, VPNs and endpoint security products for corporate networks. | Turkey | Private | |||
Proton Proton provides encrypted email, VPN, cloud storage, and other privacy services. | Geneva, Switzerland | 2014 | Private | ||
RoboForm RoboForm is a password manager that stores and generates passwords and fills online forms. | Fairfax, United States | Private | |||
S Shufti Shufti provides identity verification, KYC, AML screening and fraud prevention software for businesses worldwide. | London, United Kingdom | 2017 | Private | ||
Silverfort Silverfort provides runtime identity security for enterprises, protecting human and machine identities across cloud and on-premises environments. | Plano, United States | 2016 | Private | ||
Symmatrics Symmatrics provides one-time pad encryption products for data in transit and at rest. | Tysons Corner, United States | Private | |||
Transmit Security Transmit Security provides customer identity and access management and fraud prevention software for enterprises. | Boston, United States | 2014 | Private | ||
WALLIX WALLIX provides identity and access management and privileged access security software for IT and industrial environments. | Paris, France | 2003 | Private | ||
WatchGuard WatchGuard provides unified cybersecurity solutions for networks, endpoints, identities, and cloud environments. | Seattle, United States | 1996 | Owned by Vector Capital | ||
Zoho Vault Password and passkey manager for individuals, teams and businesses, with encrypted storage, credential sharing controls, single sign-on and audit trails. | Chennai, India | Private | |||
eMudhra Provides digital signature, public key infrastructure and identity authentication services to enterprises and governments. | Bengaluru, India | 2008 | Private | ||
RSA RSA provides identity and access management solutions for government, financial, and high-assurance organisations. | Burlington, United States | 1986 | Owned by Clearlake Capital | ||
S Safenet Thales provides cybersecurity products and services to protect data, applications, and identities. | Riverside, United States | 1983 | Owned by Thales | ||
SAP Customer identity and access management for B2C and B2B, with passwordless login, consent management and customer profiles, alongside SAP's enterprise business software. | Walldorf, Germany | Private |
Recent deals in MFA and passwordless authentication
All MFA and passwordless authentication dealsAcquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Amounts are in US dollars.
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