About Token Ring
Token Ring is a company based in Brooklyn (United States) founded in 2014. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Token Ring has raised $47.05 million across 4 funding rounds from investors including Grand Oaks Funding and RRE Ventures. The company has 26 employees. Token Ring offers products and services including Token MFA Ring and Token BioStick. Token Ring operates in a competitive market with competitors including Okta, Ping Identity, ForgeRock, ID.me and Stytch, among others.
- Headquarter Brooklyn, United States
- Employees 26
- SectorsTechnologyRetail
- Website tokenring.com
- Social LinkedIn X Facebook
- Legal Name Tokenize Inc
- Total Equity Funding$47.05M (USD)
in 4 rounds
- Latest Funding Round$30M (USD), Series B
Apr 2023
- InvestorsGrand Oaks Funding
& 1 more
- Employee Count26
Products & Services of Token Ring
Token Ring offers a comprehensive portfolio of products and services, including Token MFA Ring and Token BioStick.
Wearable biometric FIDO2 authentication for phishing-proof access control.
Secure Bluetooth stick providing passwordless biometric access control.
Funding Insights of Token Ring
Token Ring has successfully raised a total of $47.05M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2023. 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 $47.05M
- Total Rounds 4
- Last Round Series B — $30M
- Investors Count 2
All 4 funding rounds of Token Ring 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 |
|---|---|---|---|---|---|
| Apr 2023 | $30M | Series B | – | Grand Oaks Funding | – |
| Jun 2022 | $13M | Series B | – | – | |
| Jan 2018 | $4.05M | Series A | – | – | – |
| Jun 2014 | – | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Token Ring
Token Ring has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Grand Oaks Funding and RRE Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in seed and early stage companies in the US | – | rre.com | New York, United States | |
Delivers comprehensive solutions for consumer mortgage loans. | 2004 | grandoaksfunding.com | New York, United States |
Investor details for Token Ring
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Token Ring
4 people are tracked at Token Ring (3 in leadership, 1 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
John Gunn | CEO | Leadership |
Khamvong Thammasouk | Vice President Of Manufacturing Operations | Leadership |
Timothy Harrington | Vice President Operations | Leadership |
Tischara Jackson | Operations Coordinator | Team |
Complete people profiles for Token Ring
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Token Ring
3 dated milestones of Token Ring across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Token Ring is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $30.0M.
Competitors of Token Ring
Token Ring 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 Okta, Ping Identity, ForgeRock, ID.me and Stytch, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| okta.com | 2009 | San Francisco, United States | $231.3M | 5,908 | Cloud-based identity management and authentication are provided for enterprises. | |
| pingidentity.com | 2002 | Denver, United States | $136.89M | 821 | Cloud-based identity management solutions are provided for enterprises. | |
| forgerock.com | 2010 | San Francisco, United States | $233.74M | 353 | Cloud-based identity verification solutions are provided for customers. | |
| id.me | 2010 | Mclean, United States | $618.6M | 1,386 | Secure cloud-based identity management and authentication solutions are offered. | |
| stytch.com | 2020 | San Francisco, United States | $146M | 28 | User authentication solutions are provided for modern applications. | |
| jumpcloud.com | 2012 | Boulder, United States | $408.43M | 220 | Cloud-based directory management for user and IT authentication is provided. | |
| yubico.com | 2007 | Stockholm, Sweden | $30M | 407 | Two-factor authentication hardware and software solutions are provided by Yubico. |
Detailed competitors of Token Ring
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Token Ring
The website of Token Ring (tokenring.com) receives about 5.8K visits a month.
- Monthly visits5.8K
▼ 20.4% vs previous month
Websites whose visitors overlap most with Token Ring. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hideez.com | 100% | 55.5K | #657,393 | View details | |
biometricupdate.com | biometricupdate.com | 50% | – | #183,594 | – |
colmi.info | colmi.info | 50% | – | #499,516 | – |
| oneidentity.com | 50% | 173.7K | #255,041 | View details | |
| ringly.com | 27% | 4.2K | #4,336,119 | View details |
Latest news on Token Ring
Complete news archive for Token Ring
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Similar companies to Token Ring
10 companies that operate in the same segment as Token Ring (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
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 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.57 M | USD 4.74 B | 3,340 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Frequently Asked Questions about Token Ring
Token Ring was founded in 2014.
Token Ring is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
John Gunn is the current CEO of Token Ring.
Token Ring is a funded company, having raised a total of $47.05M across 4 funding rounds to date.
Token Ring has 26 employees.
Token Ring is engaged in developing next-generation multifactor authentication (MFA) solutions to combat phishing and ransomware. The company offers wearable biometric FIDO2 devices like the Token MFA Ring and secure Bluetooth sticks like the Token BioStick. These solutions are designed for sectors such as healthcare, financial services, technology, energy, higher education, and insurance. Integration with leading identity and access management (IAM) systems is provided to ensure strong, passwordless access control and user convenience. Emphasis is placed on eliminating vulnerabilities associated with legacy MFA methods and BYOD policies.
Token Ring's top competitors include Ping Identity, Okta and ForgeRock.
Token Ring offers Token MFA Ring and Token BioStick.
Token Ring has 2 investors. Key investors include Grand Oaks Funding, and RRE Ventures.
Token Ring operates through Tokenize Inc.