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Authy - About the company

Authy is an acquired company based in San Francisco (United States), founded in 2012 by Daniel Palacio. It operates as a Provider of two-factor authentication solutions. Authy has raised $3.8M in funding from investors like Y Combinator, Digital Garage and Winklevoss Capital. The company has 132 active competitors, including 9 funded and 13 that have exited. Its top competitors include companies like Yubico, Futurae and Kobil Systems.

Company Details

Provider of two-factor authentication solutions. It provides an additional layer of security to protect online accounts by generating one-time passwords for users to verify the identities. It allows users to capture 2FA QR codes from Facebook, Amazon, Google, Microsoft, Dropbox and more. It enables users to authenticate new devices with SMS, voice or existing device approval.
Social
X
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Acquired
Total Funding
$3.8M in 2 rounds
Latest Funding Round
Ranked
Employee Count
3 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Twilio (Feb 24, 2015)

Authy's acquisition details

Authy got acquired by Twilio on Feb 24, 2015.
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Authy's funding and investors

Authy has raised a total funding of $3.8M over 2 rounds. Its first funding round was on Aug 02, 2012. Its latest funding round was a Seed round on Sep 08, 2014 for $*****. 11 investors participated in its latest round. Authy has 21 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Authy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 08, 2014
2592439
Seed
5981540
1924907
5693022
5837269
Aug 02, 2012
6986808
Seed
8157106
1174258
6404334
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Authy's founders and board of directors

Founder? Claim Profile
The founders of Authy is Daniel Palacio.
Here are the details of Authy's key team members:

Authy's employee count trend

Authy has 3 employees as of Jul 26. Here is Authy's employee count trend over the years:
Employee count trend for Authy
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Authy's Competitors and alternates

Top competitors of Authy include Yubico, Futurae and Kobil Systems. Here is the list of Top 10 competitors of Authy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Yubico
Yubico
2007, Stockholm (Sweden), Public
Provider of two-factor authentication solutions
$30M
68/100
2nd
Logo for Futurae
Futurae
2016, Zurich (Switzerland), Series A
Smartphone and NFC-based 2FA solution
$7.55M
55/100
3rd
Logo for Kobil Systems
Kobil Systems
1986, Worms (Germany), Unfunded
Identity and access management and data security solutions
-
-
51/100
4th
Logo for Authy
Authy
2012, San Francisco (United States), Acquired
Provider of two-factor authentication solutions
$3.8M
51/100
5th
Logo for TrustBuilder
TrustBuilder
2008, Paris (France), Series A
Integrated 2FA & SSO federation platform
$780K
48/100
6th
Logo for Curity
Curity
2015, Stockholm (Sweden), Series A
API based identity management and user logging security solution
-
48/100
7th
Logo for Rublon
Rublon
2011, Zielona Gora (Poland), Seed
Two factor authentication for administrative website account
$1.88M
47/100
8th
Logo for SafeAuth
SafeAuth
2023, Unfunded
Two factor authentication solution for online accounts
-
-
47/100
9th
Logo for Firstorder
Firstorder
San Francisco (United States), Unfunded
AI platform focused on first-order business decision support
-
-
46/100
10th
Logo for Aegis Authenticator
Aegis Authenticator
2020, Unfunded
Secure authentication solutions provider
-
-
45/100
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Authy's Investments and acquisitions

Authy has made no investments or acquisitions yet.

Reports related to Authy

Here is the latest report on Authy's sector:

News related to Authy

Authy app steps into data-breach warUSA TODAYSep 01, 2016Authy, Chase, Target, Facebook and 1 other
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