Privakey

Privakey, founded in 2017, is a United States-based startup that aims to revolutionize digital authentication and security with its slogan "Passwordless Authentication and MFA." The company offers an embedded software solution that transforms mobile apps into strong customer authorizers, enhancing the overall customer experience and security of digital interactions. Privakey eliminates the reliance on passwords and traditional identity confirmation methods, addressing known security vulnerabilities and user frustration. The team at Privakey brings a wealth of experience, with over 70 years combined expertise in digital identity solutions and a strong track record in the identity and access management (IAM) market. Their client portfolio includes industry giants such as IBM, Verizon, General Dynamics, and several large federal agencies. Privakey's innovative approach involves turning users' mobile phones into secure customer identifiers, allowing them to respond to challenges with a wide range of interactive digital content. The company also holds a strong intellectual property position, including patent protection in the field. While Privakey has not disclosed its latest investment details, its mission to simplify identity confirmation and enhance digital security positions it as a compelling prospect for potential investors in the cybersecurity, information technology, and internet industries.