Global segment ranking · Cybersecurity › Identity

The world’s most valuable identity startups

Edition 0 (beta)·Published 2 Oct 2026·Next scheduled update 5 Jan 2027

Workforce and customer identity, access governance, identity security for humans, machines and AI agents, password managers, authentication for developers, and identity verification (KYC). Ranked worldwide by AI-estimated valuation. The market sets the value; our AI estimates it.

Twice a year Claude · multi-AI consensus in a future edition· Published method· Order never changed by a human

Declare an interest in Identity management

Key metrics for this segment: revenue / arr, customers. Figures as published by each company or the press, dated, not recalculated. The AIs weigh them alongside funding history and comparables.

Not in this segment. Privileged access management has its own segment; fraud and financial-crime platforms sit outside identity. Companies owned by private equity or by a listed group are not ranked: Ping Identity (Thoma Bravo), Signicat (Nordic Capital), IDnow (Corsair), Jumio, AU10TIX (ICTS). Acquired companies are no longer ranked: CyberArk (Palo Alto Networks, 2026), Veza (ServiceNow), Astrix Security (Cisco), Stytch (Twilio), SGNL (CrowdStrike, announced 2026), Onfido (Entrust), idwall (Serasa Experian, 2026). A company appears in one segment only. Method

The segment at a glance

20companies ranked

28companies on the radar

4countries in the ranking

7listed benchmarks

Sources: TechCrunch, SecurityWeek, Calcalist (Ctech), Crunchbase News, Biometric Update, SiliconANGLE, Fintech Futures, BusinessWire, Finovate, Inc42, company announcements. Intention counters will be shown above a threshold of amount and number of Backers.

Rankings by region

Filter the ranking and the Radar. Ranks stay worldwide. Regional pages: North America · Latin America & Caribbean · Europe.

Global ranking · Identity management

Top 20 Radar Challengers

First edition: no movements yet.

World · 20 ranked companies

#	Company	Last round · Key metrics	Estimated valuation (AI) · range	Confidence
1	SocureUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Growth (primary and secondary) · USD 156M · Aug 2026Revenue / ARR USD 364M, +63% year on year · 3,000+ enterprise customers, incl. 19 of the 20 largest US banks · Q2 2026	Last known equity round: Growth (primary and secondary) · USD 156M · Aug 2026 (Summit Partners; Goldman Sachs Alternatives, Wells Fargo, Docusign) Published valuation: USD 5.2bn (Aug 2026) Confidence index: HighMethod	Solid sources
2	IncodeUnited States · North AmericaSources: 1 · 2 · 3Is this your company? Report an error	Series B · USD 220M · Dec 2021Revenue / ARR USD 170M, about 80% organic growth (Nov 2025) · 8 of the top 10 US banks; 4.1bn identity checks in 2024 (2025)	Last known equity round: Series B · USD 220M · Dec 2021 (General Atlantic, SoftBank Latin America Fund) Published valuation: USD 1.2bn (Dec 2021) Confidence index: MediumMethod	Partial sources
3	1PasswordCanada · North AmericaSources: 1 · 2Is this your company? Report an error	Series C · USD 620M · Jan 2022Revenue / ARR above USD 400M · 180,000 business customers · Nov 2025	Last known equity round: Series C · USD 620M · Jan 2022 (ICONIQ Growth) Published valuation: USD 6.8bn (Jan 2022) Confidence index: MediumMethod	Partial sources
4	SaviyntUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series B · USD 700M · Dec 2025Revenue / ARR: n/d · 600+ enterprise customers, more than 20% of the Fortune 100 · Dec 2025	Last known equity round: Series B · USD 700M · Dec 2025 (KKR; Sixth Street Growth, TenEleven, Carrick Capital) Published valuation: about USD 3bn (Dec 2025) Confidence index: HighMethod	Solid sources
5	Transmit SecurityUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series A · USD 543M · Jun 2021Revenue / ARR about USD 100M a year, profitable · Customers: n/d · Jun 2021	Last known equity round: Series A · USD 543M · Jun 2021 (Insight Partners, General Atlantic) Published valuation: USD 2.2bn (Calcalist); USD 1bn per other sources (Jun 2021) Confidence index: LowMethod	Weak sources
6	TruliooCanada · North AmericaSources: 1Is this your company? Report an error	Series D · USD 394M · 2021Key metrics not disclosed	Last known equity round: Series D · USD 394M · 2021 (TCV) Published valuation: USD 1.8bn (2021) Confidence index: LowMethod	Weak sources
7	WorkOSUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series C · USD 100M · Mar 2026Revenue / ARR: n/d · thousands of customers incl. OpenAI, Anthropic, Cursor, Perplexity · Mar 2026	Last known equity round: Series C · USD 100M · Mar 2026 (Meritech, Sapphire) Published valuation: USD 2bn (Mar 2026) Confidence index: HighMethod	Solid sources
8	ID.meUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series E · USD 340M · Sep 2025Revenue / ARR: n/d · 152M users; 20 federal and 45 state agencies · 2025	Last known equity round: Series E · USD 340M · Sep 2025 (Ribbit Capital) Published valuation: over USD 2bn (Sep 2025) Confidence index: HighMethod	Solid sources
9	PersonaUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series D · USD 200M · Apr 2025Revenue / ARR doubling year on year (2024) · 3,000+ customers incl. LinkedIn, OpenAI, Reddit (Apr 2025)	Last known equity round: Series D · USD 200M · Apr 2025 (Founders Fund, Ribbit Capital) Published valuation: USD 2bn (Apr 2025) Confidence index: HighMethod	Solid sources
10	VeriffEstonia · EuropeSources: 1 · 2Is this your company? Report an error	Series C · USD 100M · Jan 2022Revenue / ARR above USD 100M, doubled; profitable · Customers: n/d · 2025	Last known equity round: Series C · USD 100M · Jan 2022 (Tiger Global, Alkeon Capital) Published valuation: USD 1.5bn (Jan 2022) Confidence index: MediumMethod	Partial sources
11	JumpCloudUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series F · USD 225M · Oct 2021Revenue / ARR: n/d · 120,000+ organisations, 5,000+ paying · Oct 2021	Last known equity round: Series F · USD 225M · Oct 2021 (Sapphire Ventures; General Atlantic, BlackRock) Published valuation: USD 2.6bn (Oct 2021) Confidence index: MediumMethod	Partial sources
12	SemperisUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series C · USD 200M · 2022Revenue / ARR above USD 100M · Customers: n/d · Jan 2025	Last known equity round: Series C · USD 200M · 2022 (KKR) Published valuation: over USD 1bn (reported) (Jun 2024) Confidence index: MediumMethod	Partial sources
13	Keeper SecurityUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Growth (minority) · USD 60M · Aug 2020Revenue / ARR USD 225M · 95,000+ organisations · Jul 2026	Last known equity round: Growth (minority) · USD 60M · Aug 2020 (Insight Partners) No confirmed published valuation Confidence index: MediumMethod	Partial sources
14	Oasis SecurityUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series B · USD 120M · Mar 2026Key metrics not disclosed	Last known equity round: Series B · USD 120M · Mar 2026 (Craft Ventures; Sequoia, Accel, Cyberstarts) No confirmed published valuation Confidence index: HighMethod	Solid sources
15	SilverfortUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series D · USD 116M · Jan 2024Key metrics not disclosed	Last known equity round: Series D · USD 116M · Jan 2024 (Brighton Park Capital) Published valuation: about USD 1bn (reported) (Jan 2024) Confidence index: MediumMethod	Partial sources
16	DashlaneUnited States · North AmericaSources: 1Is this your company? Report an error	Series D · USD 110M · May 2019Revenue / ARR: n/d · 11M+ users · May 2019	Last known equity round: Series D · USD 110M · May 2019 (Sequoia Capital) No confirmed published valuation Confidence index: LowMethod	Weak sources
17	BitwardenUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Growth · USD 100M · Sep 2022Key metrics not disclosed	Last known equity round: Growth · USD 100M · Sep 2022 (PSG; Battery Ventures) No confirmed published valuation Confidence index: MediumMethod	Partial sources
18	UnicoBrazil · Latin AmericaSources: 1 · 2Is this your company? Report an error	Series D · USD 100M · Apr 2022Revenue / ARR: n/d · about 25M identity authentications a month · 2025	Last known equity round: Series D · USD 100M · Apr 2022 (Goldman Sachs; SoftBank, General Atlantic) Published valuation: USD 2.6bn (Apr 2022) Confidence index: MediumMethod	Partial sources
19	Beyond IdentityUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series C · USD 100M · Feb 2022Key metrics not disclosed	Last known equity round: Series C · USD 100M · Feb 2022 (Evolution Equity Partners) Published valuation: USD 1.1bn (Feb 2022) Confidence index: MediumMethod	Partial sources
20	ConductorOneUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series B · USD 79M · Oct 2025Key metrics not disclosed	Last known equity round: Series B · USD 79M · Oct 2025 (Greycroft; CrowdStrike Falcon Fund, Accel, Felicis) No confirmed published valuation Confidence index: HighMethod	Solid sources

Ranking in descending order of AI-estimated valuation, based on public information, following a published method, with no human intervention on the order. The valuations, ranges and brackets shown are editorial estimates produced by AI, purely indicative and imperfect by nature: neither a financial valuation, nor an offer, nor investment advice. Only the market sets a company’s value, through a funding round or a sale. Edition 0: produced by Claude (Anthropic); a consensus of several AI models will apply in a future edition. Eligibility: at least $1M raised including one equity round, non-listed company, main activity in this segment (identity and access management, identity security and identity verification). Country shown is the country of main operations. Request a correction

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How to read this ranking

Rank

Companies are ranked by AI-estimated valuation, highest first. The market sets the value; our AI estimates it.

Estimate

An AI-estimated valuation, its uncertainty range and its order of magnitude. Indicative, and imperfect by nature.

Hundreds of k$
Millions $
Tens of M$
Hundreds of M$
Unicorn
Decacorn

Confidence

High: recent published valuation or round (under 24 months).
Medium: older data.
Low: single or unconfirmed source.

Full method →

Invest in identity management, together

Uback aggregates investment intentions from business angels, family offices, corporates and sector specialists worldwide. Every ranked company already has professional investors on its cap table, who have negotiated a shareholders’ agreement: you don’t start from a blank page.

Strength in numbers

Alone, a small ticket opens no doors. Together, Backers carry weight.

Declare an interest

In this segment, with a ticket range, and if you wish a preferred company in it. Paid, to show you are serious; valid for life, and movable to another pool until its pool is passed to the partner.

Critical mass is reached

When the pool’s combined amount reaches its critical mass, a floor amount estimated by the AI, the pool is passed to the local partner, who presents this demand to the company.

The local partner structures

If the company’s expectations and the Backers’ converge, the partner builds a transaction and presents it directly to the Backers concerned.

Closing

Capital raise or sale of existing shares: small tickets are pooled in a common vehicle set up by the local partner. Each Backer decides whether to take part.

Uback does not advise, does not negotiate, collects nothing. Each transaction is run by the local partner of the company’s country, under the law that governs its shares.

Get notified when intentions open What happens after my declaration? Intention declarations open once the local partner signs · price per ticket band · valid for life · movable until the pool is passed on

Challengers

A registered company raising funds that is not in the ranking will be able, for a fee, to appear in a separate list labelled “Challengers”, for a set period, with a memo available to verified Backers. The listing has no effect on the ranking. Not open yet.

Sponsored space · no Challenger listed yet

Radar · known eligible companies, not ranked

Sorted by date of last round, with no judgement and no AI call.

Footprint · United States · North AmericaSep 2026 · USD 25M
Beltic · United States · North AmericaSep 2026 · USD 7.3M
Way Security · Israel · Middle East & North AfricaJul 2026 · USD 20M
Wultra · Czech Republic · EuropeJul 2026 · EUR 6.8M
IDfy · India · Asia-PacificJun 2026 · USD 23M
Opal Security · United States · North AmericaJun 2026 · USD 23M
Didit · Spain · EuropeMay 2026 · USD 6M
deepidv · Canada · North AmericaMar 2026 · USD 1M
Duna · Netherlands · EuropeFeb 2026 · EUR 30M
Saporo · Switzerland · EuropeDec 2025 · EUR 7M
Opti · Israel · Middle East & North AfricaNov 2025 · USD 20M
Clerk · United States · North AmericaOct 2025 · USD 50M
Glide Identity · United States · North AmericaOct 2025 · over USD 20M
AiPrise · United States · North AmericaOct 2025 · USD 12.5M
Descope · United States · North AmericaSep 2025 · USD 35M
Vouched · United States · North AmericaSep 2025 · USD 17M
Contactable · South Africa · Sub-Saharan AfricaSep 2025 · USD 13.5M
Unosecur · Germany · EuropeApr 2025 · USD 5M
Nufi · Mexico · Latin AmericaMar 2025 · USD 1.5M
Token Security · Israel · Middle East & North AfricaJan 2025 · USD 20M
Aembit · United States · North AmericaSep 2024 · USD 25M
Lumos · United States · North AmericaMay 2024 · USD 35M
FusionAuth · United States · North AmericaNov 2023 · USD 65M
Prove · United States · North AmericaOct 2023 · USD 40M
Smile ID · Nigeria · Sub-Saharan AfricaFeb 2023 · USD 20M
Sumsub · United Kingdom · EuropeDec 2022
Truora · Colombia · Latin AmericaApr 2022 · USD 15M
Shufti Pro · United Kingdom · EuropeMar 2022 · USD 20M

Listed benchmarks

Not ranked: no intention is possible on a listed company.

Okta · United StatesNasdaq · OKTA
SailPoint · United StatesNasdaq · SAIL
Microsoft (Entra) · United StatesNasdaq · MSFT
Palo Alto Networks (owns CyberArk) · United StatesNasdaq · PANW
Mitek Systems · United StatesNasdaq · MITK
GB Group (GBG) · United KingdomLSE · GBG
Thales (Digital Identity & Security) · FranceEuronext Paris · HO

Sources and method for this segment

Calendar. Global segment rankings are published twice a year. Next edition: January 5, 2027.

Eligibility. At least $1M raised including one equity round, non-listed company, main activity in this segment (identity and access management, identity security and identity verification). A company appears in one segment only.

Sources. TechCrunch, SecurityWeek, Calcalist (Ctech), Crunchbase News, Biometric Update, SiliconANGLE, Fintech Futures, BusinessWire, Finovate, Inc42, company announcements.

Method and rules, common to all rankings →