About Keyless
Keyless is a company based in London (United Kingdom) founded in 2018 by Lucio De Costanzo, Paolo Gasti, and Fabian Eberle was acquired by Ping Identity in January 2026.. Keyless has raised $20.6 million across 8 funding rounds from investors including Ping Identity, Experian and Ripple. Keyless offers products and services including Biometric Authentication, Passwordless Login, and Multi-Factor Authentication. Keyless operates in a competitive market with competitors including Megvii, HYPR, Unico, Chooch and Evrotrust, among others.
- Headquarter London, United Kingdom
- Founders Lucio De Costanzo, Paolo Gasti, Fabian Eberle
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Keyless Technologies Limited
- Date of Incorporation 15 May, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.6 M (USD)
in 8 rounds
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Latest Funding Round
$2 M (USD), Series A
Jan 22, 2025
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Investors
Ping Identity
& 13 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Keyless
Keyless offers a comprehensive portfolio of products and services, including Biometric Authentication, Passwordless Login, and Multi-Factor Authentication. 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 privacy-focused authentication without storing biometric data.
Enables secure access using facial recognition on various devices.
Adds device and face verification for enhanced identity assurance.
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Funding Insights of Keyless
Keyless has successfully raised a total of $20.6M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in January 2025. 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 8
- Last Round Series A — $2.0M
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First Round
First Round
(16 May 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2025 | Amount | Series A - Keyless | Valuation | Rialto , Experian |
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| Nov, 2023 | Amount | Series A - Keyless | Valuation | Rialto |
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| Apr, 2021 | Amount | Seed - Keyless | Valuation | P101 |
| 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 |
Investors in Keyless
Keyless has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Ping Identity, Experian and Ripple. 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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Venture capital funding is offered to European startup founders.
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An investment club focused on Luiss-related startup ventures is operated.
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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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Founded Year | Domain | Location | |
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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 Keyless
| 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 - Keyless
| 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 |
Keyless Comparisons
Competitors of Keyless
Keyless 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 Megvii, HYPR, Unico, Chooch and Evrotrust, 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 |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Passwordless multi-factor authentication and identity assurance solutions are provided.
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| domain | founded_year | HQ Location |
Digital identity solutions company providing facial biometrics and digital admission solutions
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| domain | founded_year | HQ Location |
Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
AI-based identity verification and electronic signing are provided for businesses.
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| domain | founded_year | HQ Location |
AI-powered video analytics systems are provided for security and operations.
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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 Keyless
Frequently Asked Questions about Keyless
When was Keyless founded?
Keyless was founded in 2018.
Where is Keyless located?
Keyless is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Keyless a funded company?
Keyless is a funded company, having raised a total of $20.6M across 8 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on May 16, 2018.
What does Keyless do?
Keyless was founded in 2018 and is headquartered in London, United Kingdom. Biometric authentication and identity management services are delivered through a cloud platform, enabling user verification without exposure of biometrics or cryptographic keys. Multiple modalities, including face recognition, fingerprints, and iris scanning, are supported. Multi-factor authentication capabilities are offered for sectors such as finance, banking, real estate, automotive, and government applications.
Who are the top competitors of Keyless?
What products or services does Keyless offer?
Keyless offers Biometric Authentication, Passwordless Login, and Multi-Factor Authentication.
Who are Keyless's investors?
Keyless has 14 investors. Key investors include Ping Identity, Experian, Ripple, Sift, and Global Inventures.
What is Keyless's valuation?
The valuation of Keyless is $11.7M as of Jun 2019.
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