Transmit Security

Boston, United States Founded: 2014 • Age: 12 yrs Unicorn
Customer identity management and fraud prevention solutions are provided.

About Transmit Security

Transmit Security is a Technology company based in Boston (United States) founded in 2014 by Rakesh Loonkar and Mickey Boodaei. Customer identity management and fraud prevention solutions are provided. It operates in the Technology and Financial Services sectors. Transmit Security has raised $543 million across 1 funding round from investors including Goldman Sachs, General Atlantic and Insight Partners. The company has 325 employees. Transmit Security was last valued at $2.7 billion in December 2025. Its chief executive, as recorded, is Mickey Boodaei. Its website transmitsecurity.com draws about 31 thousand monthly visits. Transmit Security offers products and services including Mosaic Platform, Fraud Prevention, Identity Verification, and Authentication. Its focus areas include FinTech, RegTech, Suite and Enterprise Infrastructure. Its legal entity in India is Amf Wellness Tech Private Limited (U74140HR2015PTC057100). Its competitors include Signifyd, Riskified and Socure; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Boston, United States
  • Employees 325
  • Founders Rakesh Loonkar, Mickey Boodaei
  • Stage Unicorn
  • Sectors
    Technology
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website transmitsecurity.com
  • Social LinkedIn X Facebook
  • Legal Name Amf Wellness Tech Private Limited
  • Date of Incorporation 27 Oct, 2015
  • Jurisdiction Gurgaon, Haryana, India
Key Metrics
  • Indian entity revenue
    ₹32,020

    FY 2020 · +7211% YoY

  • Indian entity net loss
    -₹7.2 Lakh

    FY 2020 · -2252% margin

  • Indian entity EBITDA
    -₹7.2 Lakh

    FY 2020 · -2240% margin

  • Total Equity Funding
    $543M (USD)

    in 1 rounds

  • Latest Funding Round
    $543M (USD), Series A

    Jun 2021

  • Investors
  • Employee Count
    325

Products & Services of Transmit Security

Transmit Security offers a comprehensive portfolio of products and services, including Mosaic Platform, Fraud Prevention, Identity Verification, and Authentication.

Mosaic Platform
Identity Management

Unified platform for fraud prevention and identity services.

Fraud Prevention
Security Service

AI-driven detection and prevention of fraud threats.

Identity Verification
Authentication Service

Accurate verification using AI and biometric tools.

Authentication
User Management

Secure access and passwordless solutions for users.

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.

  • Total Funding $543M
  • Total Rounds 1
  • Last Round Series A β€” $543M
  • First Round $543M

    (Jun 2021)

  • Investors Count 11

All 1 funding rounds of Transmit Security with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$543MSeries A$2.2BInsight Partners, General Atlantic
Valuation history
DateValuationStage
Jun 2021$2.2Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.7B (Dec 2025). 11 investors in total: 11 institutional.

Investors in Transmit Security

Transmit Security has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, General Atlantic and Insight Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Private equity fund focused on global markets
1980generalatlantic.comNew York, United States
Venture capital funding is provided to tech startups by Cyberstarts.
cyberstarts.comAtlanta, United States
synventures.com
Technology investments are managed through venture capital and private equity.
vintage-ip.comHerzliya, Israel
Growth-stage tech investments are targeted in the US and Japan.
geodesiccap.comFoster City, United States
Venture capital firm focused on AI and SaaS companies
artisanalv.com
Corporate venture capital firm backed by Citi
citi.com/venturesSan Francisco, United States
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Venture capital firm investing in fin-tech startups
https://www.viola-group.com/fund/violafintechHerzliya, Israel
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Investor details for Transmit Security

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Verified entity values are shown only after access is granted.

Board of directors of Amf Wellness Tech Private Limited (Transmit Security)

Amf Wellness Tech Private Limited is the primary company behind Transmit Security. The board of Amf Wellness Tech Private Limited currently have 2 directors; the longest-serving is Parminder Kaul, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Parminder Kaul
DIN 02643568
Director30 Jan 20197 yrs 9 moAmf Wellness Tech Private Limited
Veer Jee Kaul
DIN 03378280
Director30 Jan 20197 yrs 9 moAmf Wellness Tech Private Limited

People of Transmit Security

47 people are tracked at Transmit Security (25 in leadership, 22 in team); the tracked headcount is 325.

NameRoleGroup
Rakesh Loonkar
Co-FounderLeadership
Mickey Boodaei
Co-Founder & CEOLeadership
Jake Meyer
Vp, Global Revenue OperationsLeadership
Pam Gottlieb
Director Strategic Account SalesLeadership
Jon Pringle
Vp, US ChannelsLeadership
Christophe Culine
Chief Revenue Officer (cro)Leadership
Christian Frain
Director Of Solutions Engineering, Asia Pacific And JapanLeadership
Tal Adar
Director Of HRLeadership
David Navarro
VP, Sales, LATAMLeadership
Kiran Judge
VP, LegalLeadership
Ravit Aviv
Business Development DirectorLeadership
Shmulik Regev
Cloud CTOLeadership
David Mahdi
Chief Identity OfficerLeadership
Geoff W.
Vice President, North America Sales, Strategic VerticalsLeadership
Paolo Fabbri Augelloni
Sales DirectorLeadership
Sophie Belloc
Sales DirectorLeadership
Oscar Hernández
Sales Director Mexico, Central America And CaribbeanLeadership
Raj Galagali
Vice President Global Solutions EngineeringLeadership
Matan Shitrit
Director Of FinanceLeadership
Javier Jarava
Director, Systems Engineering, EMEA (expanded Responsibility)Leadership

27 more people are available in the full profile.

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Complete people profiles for Transmit Security

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Financials of Transmit Security

Figures of Amf Wellness Tech Private Limited, the primary company behind Transmit Security, for FY 2020. Revenue was ₹32,020 (+7211% year on year). Net loss was -₹7.2 Lakh (-2252% margin). EBITDA was -₹7.2 Lakh (-2240% margin). Revenue has grown at a compounded annual rate of -50% over three years.

  • ₹32,020Revenue · FY 2020 · +7211% YoY
  • -₹7.2 LakhNet loss · -2252% margin
  • -₹7.2 LakhEBITDA · -2240% margin
  • ₹2.4 LakhPaid-up capital
  • -50%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Amf Wellness Tech Private Limited are on its company page.

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Detailed financial statements for Transmit Security

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Timeline of Transmit Security

3 dated milestones of Transmit Security across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Transmit Security is founded.
  2. Funding First funding round of $543.0M.
  3. Milestone Reaches Unicorn status.

Competitors of Transmit Security

Transmit Security has 3 listed competitors in our database, 3 of them funded. They include Signifyd, Riskified and Socure.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
signifyd.com2011Palo Alto, United States$394.38M399
Provider of fraud prevention and payment validation for online retailers
riskified.com2013New York, United States$232.02M781
AI-based fraud prevention for e-commerce payments is provided.
socure.com2012New York, United States$650.25M88
AI-based identity verification and fraud detection are provided.
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Detailed competitors of Transmit Security

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Web traffic of Transmit Security

The website of Transmit Security (transmitsecurity.com) receives about 30.7K visits a month.

  • Monthly visits
    30.7K

    ▼ 23.7% vs previous month

Top companies in GRC, Risk & Compliance Software

3 companies that operate in the same segment as Transmit Security (GRC, Risk & Compliance Software) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B5,915
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M350
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Related news about Transmit Security

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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 CEO of Transmit Security, as recorded in our data. They have also founded this company.

Transmit Security is a funded company, having raised a total of $543M across 1 funding round to date. The company's 1st funding round was a Series A of $543M, raised on Jun 2021.

Transmit Security has 325 employees.

The primary company behind Transmit Security, Amf Wellness Tech Private Limited, reported revenue of β‚Ή32,020 for FY 2020, up 7211% year on year.

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's top competitors include Riskified, Signifyd and Socure.

Transmit Security offers Mosaic Platform, Fraud Prevention, Identity Verification, and Authentication.

Transmit Security has 11 investors. Key investors include Goldman Sachs, General Atlantic, Insight Partners, Cyberstarts, and SYN Ventures.

The valuation of Transmit Security is $2.7B as of Dec 2025.

Transmit Security operates through Amf Wellness Tech Private Limited.

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