About Nok Nok Labs
Nok Nok Labs is a company based in Palo Alto (United States) founded in 2011 was acquired by OneSpan in June 2025.. Nok Nok Labs has raised $74.85 million across 8 funding rounds from investors including Lenovo, Thundersoft and OneSpan. Nok Nok Labs operates in a competitive market with competitors including Trusona, Dapple Security, Passage, Hawcx and WWPass, among others.
- Headquarter Palo Alto, United States
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Sectors
Technology
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Website
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Funding Insights of Nok Nok Labs
Nok Nok Labs has successfully raised a total of $74.85M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.78 million completed in January 2022. 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 Debt – Conventional — $3.8M
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First Round
First Round
(12 Feb 2013)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Debt – Conventional - Nok Nok Labs | Valuation |
investors |
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| Aug, 2020 | Amount | Series D - Nok Nok Labs | Valuation |
investors |
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| Jul, 2019 | Amount | Series D - Nok Nok Labs | Valuation |
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| 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 |
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Investors in Nok Nok Labs
Nok Nok Labs has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Lenovo, Thundersoft and OneSpan. 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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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Early stage VC firm investing in the US
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Nok Nok Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Nok Nok Labs
| 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 |
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Nok Nok Labs Comparisons
Competitors of Nok Nok Labs
Nok Nok Labs 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 Trusona, Dapple Security, Passage, Hawcx and WWPass, 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 |
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Secure authentication solutions are offered to businesses using passkeys.
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Passwordless authentication solutions are offered using passkeys for businesses.
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Biometric authentication solutions are offered via a developer-focused platform.
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Passwordless authentication solutions are provided for zero-trust security.
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Serves as a provider of cryptographic identifiers for secure authentication.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nok Nok Labs
Frequently Asked Questions about Nok Nok Labs
When was Nok Nok Labs founded?
Nok Nok Labs was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Nok Nok Labs located?
Nok Nok Labs is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Nok Nok Labs a funded company?
Nok Nok Labs is a funded company, having raised a total of $74.85M across 8 funding rounds to date. The company's 1st funding round was a Series D of $3.93M, raised on Feb 12, 2013.
What does Nok Nok Labs do?
Founded in 2011 and based in Palo Alto, United States, Nok Nok Labs operates in the cybersecurity sector. FIDO-based infrastructure is offered for passwordless authentication in mobile and web environments. An App SDK enables biometric and secure element integration via devices, while an authentication server supports end-to-end frameworks across applications, devices, and authenticators. Operations focus on unified security protocols for various platforms.
Who are the top competitors of Nok Nok Labs?
Who are Nok Nok Labs's investors?
Nok Nok Labs has 13 investors. Key investors include Lenovo, Thundersoft, OneSpan, DDS, and KICA.