About Nymi
Nymi is a company based in Toronto (Canada) founded in 2011 was acquired by Innominds in April 2022. Nymi has raised $30.4 million across 4 funding rounds from investors including Mastercard, Konica Minolta and Innominds. Nymi offers products and services including Nymi Band. Nymi operates in a competitive market with competitors including BitGo, Megvii, Yoti, LifeLock and HYPR, among others.
- Headquarter Toronto, Canada
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Sectors
TechnologyIndustrial Goods & Manufacturing 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 Nymi Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$30.4 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Mastercard
& 7 more
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Employee Count
Not available
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Acquired by
Innominds
(Apr 12, 2022)
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Products & Services of Nymi
Nymi offers a comprehensive portfolio of products and services, including Nymi Band.
Wearable for biometric authentication in secure workflows
People of Nymi
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Funding Insights of Nymi
Nymi has successfully raised a total of $30.4M across 4 strategic funding rounds. 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.
Investors in Nymi
Nymi has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, Konica Minolta and Innominds.
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Early-stage venture capital investments are provided by Relay Ventures.
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Investments in enterprise software sectors are made by Ignition Partners.
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Investments in multiple sectors are pursued through PE and VC.
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Investor details for Nymi
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Investments & Acquisitions by Nymi
Investment portfolio details for Nymi
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Financial Statements - Nymi
Detailed financials for Nymi
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Nymi Comparisons
Peer comparison for Nymi
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Competitors of Nymi
Nymi 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, Megvii, Yoti, LifeLock and HYPR, among others.
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Crypto-based custody, trading, and lending services are provided to institutions.
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Facial recognition and AI video analysis solutions are provided.
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Identity verification solutions are provided for multiple industries digitally.
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Identity theft is protected and prevented through cyber monitoring services.
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Passwordless multi-factor authentication and identity assurance solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Detailed competitors of Nymi
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Latest news on Nymi
Complete news archive for Nymi
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Frequently Asked Questions about Nymi
Nymi was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Nymi is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Chris Sullivan is the current CEO of Nymi.
Nymi is a funded company, having raised a total of $30.4M across 4 funding rounds to date.
Founded in 2011 in Toronto, Canada, Nymi operates in the biometric security sector. A platform is offered that delivers authentication solutions through a wristband device. User identity is verified by matching heart wave patterns using an electrocardiogram sensor. The device is synced daily and enables access while worn on the wrist. Bluetooth and NFC are integrated for device unlocking, alongside a gyroscope and accelerometer for functionality.
Nymi offers Nymi Band.
Nymi has 8 investors. Key investors include Mastercard, Konica Minolta, Innominds, Export Development Canada, and Relay Ventures.