# Authlete

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/authlete

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.authlete.com
- Total disclosed funding: $1.3M
- Latest round: Seed (May 23, 2017)
- Investors on record: 1

## About

Authlete, Inc., based in Japan, provides cloud-based solutions that simplify the implementation of OAuth 2.0 and OpenID Connect protocols for identity and access management, streamlining processes for developers and organizations.Authlete, Inc. was founded in 2015 in Tokyo, Japan, to deliver specialized solutions for identity and access management. The company has successfully completed three deals, with its most recent funding round, Series A, raising JPY 500 million on April 3, 2023, from SBI Digital Asset Holdings Co., Ltd. The total amount raised to date stands at JPY 500 million, with a current company valuation of approximately JPY 6,150.88 million. The founder, Takahiko Kawasaki, has a background that includes notable ventures in the tech industry.Authlete primarily offers a suite of APIs designed to simplify the implementation of OAuth 2.0 and OpenID Connect (OIDC) protocols, enabling organizations to manage authentication and authorization processes effectively. Its core product allows developers to build a complete OAuth/OIDC server or integrate its functionalities into existing architectures, such as API gateways. Authlete serves a diverse clientele, including major financial and media organizations, ensuring compliance with identity standards across various sectors. Its products are available globally, with a focus on markets in North America, Europe, and parts of Asia.Authlete generates revenue primarily through subscription-based offerings that grant access to its API services. Clients enter into contracts that enable them to utilize Authlete's technology for managing OAuth/OIDC needs, enhancing their identity and access management workflows. The revenue model includes various pricing plans tailored to diverse clients, from startups to large enterprises, accommodating different levels of usage and supporting essential features like identity assurance and grant management.In April 2023, Authlete, Inc. raised JPY 500 million in Series A funding, which will be utilized to develop new products and accelerate global expansion efforts. The company is focusing on launching new offerings in the identity management space and aims to expand into new markets, especially targeting regions with developing digital infrastructures by 2024.

## Funding rounds

- Seed, May 23, 2017, $1.3M — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed