authID Inc. ensures enterprises “Know Who’s Behind the Device” TM for every customer or employee login and transaction through its easy to integrate patented biometric identity platform. The company provides biometric identity proofing authentication and account recovery with a fast accurate user friendly experience. Through its PrivacyKey solution authID delivers highly accurate biometric authentication while storing no biometric data. Its core offerings include Proof…
authID Inc. ensures enterprises “Know Who’s Behind the Device” TM for every customer or employee login and transaction through its easy to integrate patented biometric identity platform. The company provides biometric identity proofing authentication and account recovery with a fast accurate user friendly experience. Through its PrivacyKey solution authID delivers highly accurate biometric authentication while storing no biometric data. Its core offerings include Proof TM for identity verification Verified TM for authentication PrivacyKey TM for privacy preserving biometrics IDX Platform for enterprise identity exchange and authID Mandate for agentic AI security. The platform operates in the cloud and is designed to be device agnostic working on any device with a camera. authID’s mission is to stop fraud at onboarding block deepfakes prevent account takeover and eliminate password risks and costs. By delivering a frictionless identity experience the company aims to increase trust and security in digital interactions across industries.
authID Inc. generates revenue primarily through a software as a service model that charges fees per transaction per enrolled user or per active user. The company offers subscription plans combined with usage based pricing that scales with the volume of identity verification and authentication events. Core revenue streams come from the sale of Proof TM verification services Verified TM authentication services PrivacyKey TM privacy preserving biometrics IDX Platform access and authID Mandate agentic AI security features. Customers pay for access to the cloud platform through application programming interfaces that enable easy integration with existing identity and access management systems. The company also derives income from professional services such as implementation support training and customization for specific enterprise needs. Its sales team consists of inside and field representatives based in the United States who engage directly with enterprise prospects. Additionally authID leverages channel partnerships with cybersecurity and financial technology providers to extend its reach through OEM and reseller arrangements.
authID Inc. operates in a highly competitive identity verification and authentication market that includes established players and emerging startups. Key competitors consist of providers offering biometric and non biometric verification passwordless authentication solutions and large identity and access management suites that add authentication features at low or no cost. Despite the crowded field authID differentiates itself through its patented PrivacyKey technology that enables biometric verification without storing any biometric data addressing privacy concerns and regulatory risks. The company’s platform delivers high speed low latency responses typically under seven hundred milliseconds supporting high volume use cases such as logins and financial transactions. Its accuracy is validated by independent testing showing a false match rate of one in one billion and a false rejection rate of zero point three percent. Additionally authID emphasizes a seamless user experience that works across any device with a camera and supports a broad range of government issued identity documents worldwide. These strengths position the company as a niche player that can coexist with broader identity suites while meeting the specific needs of privacy conscious and high assurance customers.
authID Inc. serves a diverse set of enterprise customers that rely on its platform to verify and authenticate users employees contractors and vendors. Typical clients include banks payment processors insurance companies healthcare providers online marketplaces and government agencies that need to meet strict know your customer and anti money laundering requirements. The company also supports organizations in the sharing economy gig platforms and remote work environments that require secure access to internal systems and data. While the filing does not disclose specific customer names it indicates that authID has relationships with multiple Fortune five hundred enterprises and various mid market firms across North America Europe and Asia. Its solutions are designed to be scalable allowing both small businesses and large multinational corporations to adopt the technology according to their risk and compliance needs. The platform’s ability to operate without storing biometric data appeals to sectors facing stringent data protection regulations such as biometric information privacy acts. By providing a passwordless and privacy preserving approach authID helps customers reduce operational costs associated with credential management and breach remediation.
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Sector: Technology Industry: Software - Infrastructure CIK: 0001534154