About Ping Identity
Ping Identity is an Industrial Goods & Manufacturing company based in Palo Alto (United States) founded in 2015, and was acquired by Ping Identity in October 2020. Digital identity verification is enabled through blockchain and cryptographic hashing. It operates on a SaaS (Software-as-a-Service) and Managed Services model in Industrial Goods & Manufacturing, Financial Services, and Technology sectors. Ping Identity has raised $5.75 million across 3 funding rounds from investors including Ping Identity, Digital Currency Group and Storm Ventures. The company has 448 employees. Its Indian entity Ping Identity India Private Limited reported revenue of ₹101 Cr. Ping Identity offers products and services including Ping Identity Platform, Helix AI Engine, and PingOne Advanced Identity Cloud. Its focus areas include Cybersecurity and Identity and Access Management. Its competitors include BitGo, Riskified and Signifyd; 3 of its 3 listed competitors have raised funding.
Company details
Ping Identity is engaged in delivering identity security solutions for digital enterprises. The company offers the Ping Identity Platform, which provides flexibility, resilience, and security to address complex identity challenges. Solutions are tailored for various sectors including government, financial services, healthcare, retail, and media telco. Advanced AI through the Helix engine is integrated to enhance protection and trust in digital experiences. The platform supports integration with existing ecosystems, ensuring seamless identity management across diverse applications and services.
- Headquarters Palo Alto, United States
- Employees 448
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingFinancial Services Technology
- Website shocard.com
- Social LinkedIn X Facebook
- Acquired by Ping Identity (Oct 2020)
- Legal Name Ping Identity India Pvt Ltd.
- Date of Incorporation 31 Aug, 2015
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹101 Cr
FY 2025 · +98% YoY
- Indian entity net profit₹9.11 Cr
FY 2025 · 9% margin
- Indian entity EBITDA₹15.45 Cr
FY 2025 · 15% margin
- Total Equity Funding$5.75M (USD)
in 3 rounds
- Latest Funding Round$250K (USD), Series A
Feb 2018
- InvestorsPing Identity
& 8 more
- Employee Count448
- Acquired byPing Identity
(Oct 2020)
Associated legal entities of Ping Identity
Ping Identity operates through Ping Identity India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ping Identity India Private Limited CIN U72200KA2015FTC082569 | Active | 31 Aug 2015 | Bangalore, Karnataka | ₹101 Cr | 77 | 2 | View details |
Products & Services of Ping Identity
Ping Identity offers a comprehensive portfolio of products and services, including Ping Identity Platform, Helix AI Engine, and PingOne Advanced Identity Cloud.
Identity security platform for enterprise digital protection provided.
AI engine for secure intelligent identity services offered.
Cloud solution for fraud reduction and growth provided.
Funding Insights of Ping Identity
Ping Identity has successfully raised a total of $5.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $250 thousand completed in February 2018. 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 $5.75M
- Total Rounds 3
- Last Round Series A — $250,000
- First Round $1.5M
(Jul 2015)
- Investors Count 8
All 3 funding rounds of Ping Identity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2018 | $250,000 | Series A | – | – | – |
| Aug 2017 | $4M | Series A | – | AME Cloud Ventures, Morado Ventures | |
| Jul 2015 | $1.5M | Seed | – | – |
9 investors in total: 9 institutional.
Investors in Ping Identity
Ping Identity has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Ping Identity, Digital Currency Group and Storm Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | stormventures.com | Menlo Park, United States | ||
Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors | correlationvc.com | San Francisco, United States | ||
Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors | recruitstrategicpartners.com | San Mateo, United States | ||
AME Cloud Ventures is focused on investing in data-driven technology companies. | amecloudventures.com | Palo Alto, United States | ||
US based VC firm investing in seed stage | moradoventures.com | San Francisco, United States | ||
Early-stage and growth-stage tech startups are funded by DHVC. | dh.vc | Palo Alto, United States | ||
Early-stage centric tech-focused VC firm investing primarily in the US & Asia | enspire.vc | Singapore, Singapore | ||
Sector-agnostic incubator focused on blockchain startups | 2015 | dcg.co | Stamford, United States | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | pingidentity.com | Denver, United States |
Investor details for Ping Identity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Ping Identity India Private Limited (Ping Identity)
Ping Identity India Private Limited is the primary company behind Ping Identity. The board of Ping Identity India Private Limited currently have 2 directors; the longest-serving is Raj M Dani, appointed in 2022. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raj M Dani DIN 09597621 | Director | 06 May 2022 | 4 yrs 6 mo | Ping Identity India Private Limited |
| Sandeep Goyal DIN 10596496 | Whole-time director | 02 May 2024 | 2 yrs 6 mo | Ping Identity India Private Limited |
People of Ping Identity
600 people are tracked at Ping Identity (125 in leadership, 475 in team); the tracked headcount is 448.
| Name | Role | Group |
|---|---|---|
Steve Gerrard | Director Sales Engineering - Uk&i, Northern Europe, And Emerging Markets | Leadership |
Adam Preis | Director Product Solution Marketing | Leadership |
Kailashyar K | Regional Sales Director | Leadership |
Advait Deodhar | Vp, Americas Sales Engineering | Leadership |
Dirk Decker | Regional Sales Director DACH | Leadership |
Kris Baritt | Vice President | Leadership |
Jeff Oakes | Senior Director, Solutions Architecture | Leadership |
Mark Wilson | Director Of Product Management | Leadership |
Asaf Foox | Director Software QA | Leadership |
Allison Jackson | Vp, Finance | Leadership |
Monique Cadena | Senior Director, Knowledge, Digital Cx/ex, Community & Enablement | Leadership |
Michael Sanchez | Director, Demo Operations & Engineering | Leadership |
Rodney Apura | Vp, Customer Success Americas | Leadership |
Craig Solberg | Chief Customer Officer | Leadership |
Rakesh Thaker | Chief Development Officer | Leadership |
Jasie Fon | Regional Vice President Asia | Leadership |
Rob Otto | Field Cto/senior Principal Sales Engineer | Leadership |
Ashwath Akirekadu | Director Of Software Engineering | Leadership |
Ayelet Avni | Vice President Of Product Management | Leadership |
Henning Dittmer | Vp, DACH | Leadership |
580 more people are available in the full profile.
Complete people profiles for Ping Identity
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Ping Identity
Figures of Ping Identity India Private Limited, the primary company behind Ping Identity, for FY 2025. Revenue was ₹101 Cr (+98% year on year). Net profit was ₹9.11 Cr (9% margin). EBITDA was ₹15.45 Cr (15% margin). Revenue has grown at a compounded annual rate of +78% over three years and +37% over five years.
- ₹101 CrRevenue · FY 2025 · +98% YoY
- ₹9.11 CrNet profit · 9% margin
- ₹15.45 CrEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 77Employees (provident fund records)
- +78%Revenue CAGR, 3 years
- +37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ping Identity India Private Limited are on its company page.
Detailed financial statements for Ping Identity
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Ping Identity
4 dated milestones of Ping Identity across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ping Identity is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series A, of $250K.
- Exit Acquired by Ping Identity.
Competitors of Ping Identity
Ping Identity has 3 listed competitors in our database, 3 of them funded. They include BitGo, Riskified and Signifyd.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. | |
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers |
Detailed competitors of Ping Identity
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as Ping Identity (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 |
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Related news about Ping Identity
Complete news archive for Ping Identity
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Frequently Asked Questions about Ping Identity
Ping Identity was founded in 2015.
Ping Identity is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Ping Identity is a funded company, having raised a total of $5.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 2015.
Ping Identity has 448 employees.
The primary company behind Ping Identity, Ping Identity India Private Limited, reported revenue of ₹101 Cr for FY 2025, up 98% year on year.
Ping Identity is engaged in delivering identity security solutions for digital enterprises. The company offers the Ping Identity Platform, which provides flexibility, resilience, and security to address complex identity challenges. Solutions are tailored for various sectors including government, financial services, healthcare, retail, and media telco. Advanced AI through the Helix engine is integrated to enhance protection and trust in digital experiences. The platform supports integration with existing ecosystems, ensuring seamless identity management across diverse applications and services.
Ping Identity offers Ping Identity Platform, Helix AI Engine, and PingOne Advanced Identity Cloud.
Ping Identity has 9 investors. Key investors include Ping Identity, Digital Currency Group, Storm Ventures, Correlation Ventures, and Recruit Strategic Partners.
Ping Identity operates through Ping Identity India Private Limited.
Yes. Ping Identity was acquired by Ping Identity in October 2020.
The legal entities of Ping Identity currently have 2 directors, including Raj M Dani, Sandeep Goyal.