About Authy
Authy is a company based in San Francisco (United States) founded in 2012 was acquired by Twilio in February 2015.. Authy has raised $3.8 million across 2 funding rounds from investors including Twilio, Digital Garage and Startcaps Ventures. Authy offers products and services including Authy App. Authy operates in a competitive market with competitors including Okta, Ping Identity, ForgeRock, ID.me and Stytch, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Twilio Inc.
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Products & Services of Authy
Authy offers a comprehensive portfolio of products and services, including Authy App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides two-factor authentication to protect online accounts from hackers.
Funding Insights of Authy
Authy has successfully raised a total of $3.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in September 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $3.0M
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First Round
First Round
(02 Aug 2012)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Seed - Authy | Valuation | Startcaps Ventures , Winklevoss Capital | |
| Aug, 2012 | Amount | Seed - Authy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Authy
Authy has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Twilio, Digital Garage and Startcaps Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage investments are made in US micro ventures.
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Venture capital investments are managed by Winklevoss brothers' family office.
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Authy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Authy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Authy Comparisons
Competitors of Authy
Authy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Okta, Ping Identity, ForgeRock, ID.me and Stytch, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based identity management and authentication are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based identity management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based identity verification solutions are provided for customers.
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| domain | founded_year | HQ Location |
Secure cloud-based identity management and authentication solutions are offered.
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| domain | founded_year | HQ Location |
User authentication solutions are provided for modern applications.
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| domain | founded_year | HQ Location |
Cloud-based directory management for user and IT authentication is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Authy
Frequently Asked Questions about Authy
When was Authy founded?
Authy was founded in 2012.
Where is Authy located?
Authy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Authy a funded company?
Authy is a funded company, having raised a total of $3.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Aug 02, 2012.
What does Authy do?
Provider of two-factor authentication solutions. It provides an additional layer of security to protect online accounts by generating one-time passwords for users to verify the identities. It allows users to capture 2FA QR codes from Facebook, Amazon, Google, Microsoft, Dropbox and more. It enables users to authenticate new devices with SMS, voice or existing device approval.
Who are the top competitors of Authy?
Authy's top competitors include Ping Identity, Okta and ForgeRock.
What products or services does Authy offer?
Authy offers Authy App.
Who are Authy's investors?
Authy has 12 investors. Key investors include Twilio, Digital Garage, Startcaps Ventures, Winklevoss Capital, and Y Combinator.
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