About Transmit Security
Transmit Security is a company based in Boston (United States) founded in 2014 by Rakesh Loonkar and Mickey Boodaei. Transmit Security has raised $543 million across 1 funding round from investors including Goldman Sachs, General Atlantic and Insight Partners. Transmit Security offers products and services including Mosaic Platform, Fraud Prevention, Identity Verification, and Authentication. Transmit Security operates in a competitive market with competitors including Signifyd, Onfido, IDnow, Riskified and Socure, among others.
- Headquarter Boston, United States
- Founders Rakesh Loonkar, Mickey Boodaei
- Stage Unicorn
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Sectors
TechnologyFinancial 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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- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$5.32 K (USD)0as on Mar 31, 2016
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Net Profit
-$79.52 K (USD)0as on Mar 31, 2016
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EBITDA
-$79.57 K (USD)0as on Mar 31, 2016
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Total Equity Funding
$543 M (USD)
in 1 rounds
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Latest Funding Round
$543 M (USD), Series A
Jun 22, 2021
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Investors
Goldman Sachs
& 8 more
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Employee Count
Not available
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Products & Services of Transmit Security
Transmit Security offers a comprehensive portfolio of products and services, including Mosaic Platform, Fraud Prevention, Identity Verification, and Authentication.
Unified platform for fraud prevention and identity services.
AI-driven detection and prevention of fraud threats.
Accurate verification using AI and biometric tools.
Secure access and passwordless solutions for users.
People of Transmit Security
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Funding Insights of Transmit Security
Transmit Security has successfully raised a total of $543M through 1 strategic funding round. The most recent funding activity was a Series A round of $543 million completed in June 2021. 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 Transmit Security
Transmit Security has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, General Atlantic and Insight Partners.
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Investment firm scaling software and technology companies from early to late stages.
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Private equity fund focused on global markets
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Venture capital funding is provided to tech startups by Cyberstarts.
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Investor details for Transmit Security
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Investments & Acquisitions by Transmit Security
Investment portfolio details for Transmit Security
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Financial Statements - Transmit Security
Detailed financials for Transmit Security
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Transmit Security Comparisons
Peer comparison for Transmit Security
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Competitors of Transmit Security
Transmit Security 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 Signifyd, Onfido, IDnow, Riskified and Socure, among others.
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Provider of fraud prevention and payment validation for online retailers
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Identity verification solutions are provided, including document and biometric authentication.
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Automated and expert-led identity verification services are provided.
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AI-based fraud prevention for e-commerce payments is provided.
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AI-based identity verification and fraud detection are provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Detailed competitors of Transmit Security
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Latest news on Transmit Security
Complete news archive for Transmit Security
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Frequently Asked Questions about Transmit Security
Transmit Security was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Transmit Security is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Mickey Boodaei is the current CEO of Transmit Security. They have also founded this company.
Transmit Security is a funded company, having raised a total of $543M across 1 funding round to date.
Annual revenue of Transmit Security is $5.32K as on Mar 31, 2016.
Transmit Security was founded in 2014 and is headquartered in Boston, United States. Operations focus on the cybersecurity sector, where unified platforms for customer identity management, fraud detection, and identity verification are developed. Services include scanning and validating government documents, biometric authentication via face, eye, voice, fingerprint, OTP, notifications, and patterns. Protection against fraud is extended across channels and devices.
Transmit Security offers Mosaic Platform, Fraud Prevention, Identity Verification, and Authentication.
Transmit Security has 9 investors. Key investors include Goldman Sachs, General Atlantic, Insight Partners, Cyberstarts, and SYN Ventures.
The valuation of Transmit Security is $2.2B as of Jun 2021.