# LoginRadius

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

- Industry: Internet
- Headquarters: Vancouver, Canada
- Website: www.loginradius.com
- Total disclosed funding: $18M
- Latest round: Series A (Jul 25, 2018)
- Investors on record: 7

## About

LoginRadius Inc. specializes in Identity-as-a-Service (IdaaS) solutions, empowering enterprises with robust customer identity and access management (CIAM) platforms to enhance secure user authentication across various industries.Founded in 2012 in Vancouver, Canada, LoginRadius Inc. provides customer identity and access management solutions. The company experienced a pivotal moment in July 2018 when it raised USD 17.00 mn in Series A funding, led by Forgepoint Capital and M12, with participation from Microsoft and other investors. The founders, Deepak Gupta and Rakesh Soni, have driven the company's vision since its inception, with Rakesh Soni currently serving as CEO. LoginRadius has successfully completed 3 funding deals, enhancing its operational capacity and market reach.LoginRadius offers a comprehensive Identity-as-a-Service (IdaaS) platform that specializes in customer identity and access management (CIAM). The core product enables enterprises to implement a wide range of authentication methods, including traditional passwords, one-time passwords (OTPs), social logins, federated Single Sign-On (SSO), and passkeys. This flexibility allows businesses to tailor the authentication process to fit their customers' journeys while ensuring high user security through features like adaptive multi-factor authentication (MFA) and bot detection. The platform serves a diverse clientele across various industries such as media and communications, government, retail and e-commerce, banking, finance, insurance, travel, hospitality, and healthcare. LoginRadius operates data centers across North America, Europe, and Asia-Pacific to effectively support its global customer base.LoginRadius generates revenue primarily through subscription-based models designed for businesses requiring CIAM solutions. Clients engage with LoginRadius to securely manage user identities and access, with varying service tiers based on their needs, including user volume and feature access. Transactions occur as clients subscribe to the platform, usually involving standard monthly or annual fees for core functionalities and enhanced security features. The company’s flagship services, including adaptive MFA and user management tools, are integral to its revenue structure, catering to large enterprises focusing on improving their customer identity management processes.LoginRadius plans to utilize the USD 17.00 mn from its most recent Series A funding, raised in July 2018, to expand its product offerings and enhance its market presence. Future initiatives involve the launch of new features aimed at improving user experience and security, although specific release dates are yet to be announced. The company is also looking to penetrate new markets, particularly in Asia and Europe, by 2024, thereby diversifying its geographical footprint and customer base.

## Funding rounds

- Series A, Jul 25, 2018, $17M — BDC Capital, Yaletown Partners, Microsoft, Real Ventures, M12, Forgepoint
- Seed, Sep 2, 2016, $1M — BDC Capital, Yaletown Partners, Real Ventures, Accelerate Ventures

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed, Series A
- Yaletown Partners (https://capitalatlas.ai/funds/yaletown-partners) — Seed, Series A
- Real Ventures — Seed, Series A
- Accelerate Ventures (https://capitalatlas.ai/funds/accelerate-ventures) — Seed
- Microsoft — Series A
- M12 (https://capitalatlas.ai/funds/m12) — Series A
- Forgepoint (https://capitalatlas.ai/funds/forgepoint) — Series A