How Much Did Beyond Identity Raise? Headquarters, Funding & Key Investors

Beyond Identity is revolutionizing identity and access management with its cloud-native, passwordless authentication platform. With $205 million raised including a $100M Series C in 2022 the company achieved unicorn status ($1.1B valuation) within just two years of founding. Backed by Evolution Equity Partners, Koch Disruptive Technologies, and NEA, Beyond Identity’s zero-trust platform integrates secure device authentication and multi-factor access controls to safeguard enterprises against modern cyber threats.

How Much Did Beyond Identity Raise? Funding & Key Investors

Beyond Identity, a New York–based cybersecurity startup, has raised $205 million in total funding across three rounds, reaching a $1.1 billion valuation as of February 2022. Supported by investors such as Evolution Equity Partners, Koch Industries, and NEA, the company is transforming access control through its cloud-based passwordless authentication solutions. Beyond Identity’s platform eliminates credential-related risks and enables phishing-resistant, zero-trust identity management for enterprises worldwide.

What Is Beyond Identity and What Does It Do?

Beyond Identity, founded in 2020 by James Clark, Nelson Melo, and Thomas “TJ” Jermoluk, is headquartered in New York City, United States.

The company provides a cloud-native, passwordless authentication platform that replaces traditional passwords with cryptographic, device-bound credentials (X.509 certificates). Its solution combines phishing-resistant multi-factor authentication, single sign-on (SSO), device trust, and zero-trust identity architecture to ensure only verified users on trusted devices can access enterprise resources.

With a team of 101-250 employees, Beyond Identity helps organizations reduce credential-based breaches and adopt secure, friction-less access controls.

How Much Funding Has Beyond Identity Raised?

1. Series A

Amount Raised: $30M
Date: April 2020
Lead Investors: New Enterprise Associates, Koch Industries
Motivation: To develop the foundation for a passwordless authentication platform.

2. Series B

Amount Raised: $75.2M
Date: December 2020
Lead Investors: New Enterprise Associates, Koch Disruptive Technologies
Motivation: To accelerate product development and strengthen go-to-market initiatives.

3. Series C

Amount Raised: $100M
Date: February 2022
Lead Investors: Evolution Equity Partners, New Enterprise Associates, Expanding Capital
Motivation: To scale global operations and enhance zero-trust identity capabilities.

Total Funding Raised: $205 Million

Current Valuation: $1.1 Billion (as of February 2022)

Latest Funding Date: February 2022

Key Investors

1. Evolution Equity Partners

Details: Venture capital firm specializing in high-growth technology and cybersecurity companies.
Investment Focus Areas: Cybersecurity, Enterprise Software, Data Analytics.

2. Koch Disruptive Technologies

Details: Subsidiary of Koch Industries investing in transformative technologies.
Investment Focus Areas: Technology, Energy, Industrial Innovation.

3. New Enterprise Associates (NEA)

Details: One of the world’s largest venture capital firms with investments across technology and healthcare.
Investment Focus Areas: Technology, Healthcare, Consumer.
Notable Investments: Robinhood, Coursera, 23andMe.

4. Jim Clark

Details: Renowned entrepreneur and co-founder of Netscape Communications and Silicon Graphics.
Investment Focus Areas: Technology, Internet, Software.
Notable Investments: Netscape, Silicon Graphics.

5. Potentum Partners

Details: Venture capital firm investing in growth-stage technology companies.
Investment Focus Areas: Technology, Growth-Stage Ventures.

Where Is Beyond Identity’s Headquarters?

Beyond Identity is headquartered in New York City, United States, a hub for financial technology and cybersecurity innovation. The strategic location provides access to a robust talent pool, enterprise clients, and partnerships across North America’s leading tech ecosystem, enabling the company to expand its security infrastructure globally.

What’s Next for Beyond Identity?

Beyond Identity is positioned to lead the next wave of zero-trust cybersecurity, focusing on expanding its presence in the Asia-Pacific and Latin American markets. The company aims to continue developing adaptive, risk-based authentication frameworks that eliminate password-related vulnerabilities entirely. With increasing digital transformation across industries, Beyond Identity is poised for continued global growth and innovation in secure access management.

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