# LoginID

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

- Industry: Internet
- Headquarters: San Mateo, US
- Website: www.loginid.io
- Total disclosed funding: $6M
- Latest round: Seed (Jan 15, 2021)
- Investors on record: 3

## About

LoginID Inc. specializes in delivering advanced authentication solutions that enhance security and streamline user experiences in sectors like banking and e-commerce, focusing on passwordless access and identity verification.LoginID Inc., founded in 2019 and headquartered in San Mateo, US, is focused on providing innovative authentication solutions. The company was founded by Simon Law, who has a history of entrepreneurship. LoginID has raised a total of USD 6.00 mn through a Seed round on October 7, 2021, with investors including ASLI RI, FJ Labs, and Leonis Investissement. The company has successfully completed five deals since its inception.LoginID offers a suite of authentication solutions designed to enhance security and streamline user experiences across various business sectors, including banking, payments, and e-commerce. Its core products include a passwordless authentication platform that leverages biometrics for seamless login experiences, transaction confirmation tools for secure authorization and digital signing, and identity verification services for rapid user onboarding. The offerings cater to a diverse clientele, including financial institutions, online retailers, and mobile application developers, with a primary focus in North America and Europe, emphasizing compliance with data privacy regulations such as PSD2 and SCA.LoginID generates revenue through a B2B model, providing its authentication solutions to clients who integrate these services into their platforms. The company operates on a transactional basis, with clients paying for the utilization of its API and SDK services, typically structured around subscription or usage-based pricing models. Clients may subscribe to different service tiers that grant access to various functionalities, including biometric authentication and identity verification. This enterprise-level partnership approach allows LoginID to serve a wide range of industries, enhancing security protocols for retailers and financial service providers, with tailored pricing based on client needs and deployment scale.In October 2021, LoginID Inc. received USD 6.00 mn in funding to support its strategic initiatives. The company plans to research and develop a technical path for enabling its suite of APIs and SDKs for the Algorand ecosystem. This initiative underscores LoginID's commitment to expanding its product offerings and enhancing its market presence. The funding will facilitate the launch of new products designed to further enhance security and user experience, as well as efforts to penetrate additional markets beyond its current focus areas.

## Funding rounds

- Seed, Jan 15, 2021, $6M — FJ Labs, Leonis Investissement, ASLI RI

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Leonis Investissement (https://capitalatlas.ai/funds/leonis-investissement) — Seed
- ASLI RI — Seed