BIO-key

Wall, United States Founded: 1993 • Age: 33 yrs
Cloud and fingerprint-based biometric identification solutions are provided.
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About BIO-key

BIO-key is a company based in Wall (United States) founded in 1993.. The company has 42 employees as of December 31, 2024. BIO-key has completed 2 acquisitions, including PistolStar and Swivel Secure. BIO-key offers products and services including PortalGuard IAM, MobileAuth, Fingerprint Scanners, and FIDO-key Security Key. BIO-key operates in a competitive market with competitors including BitGo, Yoti, LifeLock, HYPR and Microblink, among others.

  • Headquarter Wall, United States
  • Employees 42 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bio-Key International, Inc.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
    $6.93 M
    -10.64
    as on Dec 31, 2024
  • Net Profit
    $-4.3 M
    49.53
    as on Dec 31, 2024
  • EBITDA
    $-3.53 M
    57.1
    as on Dec 31, 2024
  • Latest Funding Round
    $2.1 M (USD), Post-IPO

    May 07, 2020

  • Investors
  • Employee Count
    42

    as on Dec 31, 2024

  • Investments & Acquisitions
    PistolStar

    & 1 more

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IPO & Listings of BIO-key

BIO-key is a publicly listed company on the NASDAQ with ticker symbol BKYI in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: BKYI . Sector: Technology services · USA

Products & Services of BIO-key

BIO-key offers a comprehensive portfolio of products and services, including PortalGuard IAM, MobileAuth, Fingerprint Scanners, and FIDO-key Security Key. 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.

Primary

Platform for secure access control and single sign-on services.

App for contactless multi-factor authentication and identity verification.

Devices for biometric scanning and access management.

Key for passwordless authentication and secure logins.

People of BIO-key
Headcount 10-50
Employee Profiles 8
Board Members and Advisors 4
Employee Profiles
People
Jim Sullivan
CLO
People
Alex Rocha
MD, EMEA
People
Mark Cochran
President, PortalGuard
People
Michael W. Depasquale
Chairman & CEO

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Funding Insights of BIO-key

  • Total Funding
  • Total Rounds 8
  • Last Round Post-IPO — $2.1M
  • First Round

    (16 Oct 2003)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Post-IPO - BIO-key Valuation

investors

Jul, 2019 Amount Post-IPO - BIO-key Valuation

investors

Aug, 2018 Amount Post-IPO - BIO-key Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BIO-key

BIO-key has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Lind Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
The Lind Partners is based in New York, USA.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BIO-key

BIO-key has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include PistolStar and Swivel Secure. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based multi-factor authentication solutions are offered for enterprises.
2000
Security services are provided by PistolStar in the United States.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BIO-key

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bio-Key Comparisons

Employees
+
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Competitors of BIO-key

BIO-key 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 BitGo, Yoti, LifeLock, HYPR and Microblink, 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
Crypto-based custody, trading, and lending services are provided to institutions.
domain founded_year HQ Location
Identity verification solutions are provided for multiple industries digitally.
domain founded_year HQ Location
Identity theft is protected and prevented through cyber monitoring services.
domain founded_year HQ Location
Passwordless multi-factor authentication and identity assurance solutions are provided.
domain founded_year HQ Location
Platform offering card scanning apps-based consumer payments
domain founded_year HQ Location
AI-based identity verification and electronic signing are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bio-Key

Frequently Asked Questions about BIO-key

When was BIO-key founded?

BIO-key was founded in 1993 and raised its 1st funding round 10 years after it was founded.

Where is BIO-key located?

BIO-key is headquartered in Wall, United States. It is registered at Wall, South Dakota, United States.

How many employees does BIO-key have?

As of Dec 31, 2024, the latest employee count at BIO-key is 42.

What is the annual revenue of BIO-key?

Annual revenue of BIO-key is $6.93M as on Dec 31, 2024.

What does BIO-key do?

BIO-key was founded in 1993 and is headquartered in Wall, United States. Cloud-based platforms and fingerprint scanners for biometric identification are developed and offered. Hardware and software solutions are included in the portfolio, with integration capabilities for access control systems. These technologies are utilized across sectors including education, finance, government, healthcare, manufacturing, and retail. Operations focus on secure identification applications in various industries.

Who are the top competitors of BIO-key?

BIO-key's top competitors include Yoti, BitGo and Evrotrust.

What products or services does BIO-key offer?

BIO-key offers PortalGuard IAM, MobileAuth, Fingerprint Scanners, and FIDO-key Security Key.

Is BIO-key publicly traded?

Yes, BIO-key is publicly traded on NASDAQ under the ticker symbol BKYI.

How many acquisitions has BIO-key made?

BIO-key has made 2 acquisitions, including PistolStar, and Swivel Secure.

Who are BIO-key's investors?

BIO-key has 1 investor. Key investors include The Lind Partners.

What is BIO-key's ticker symbol?

The ticker symbol of BIO-key is BKYI on NASDAQ.

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