When was Keyless founded?

Keyless was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Keyless located?

Keyless is headquartered in London, United Kingdom. It is registered at 85 Great Portland Street, London, United Kingdom, W1W 7LT.

Which legal entities is Keyless associated with?

Keyless is associated with KEYLESS TECHNOLOGIES PTE. LTD. and 1 other.

How many employees does Keyless have?

As of Aug 31, 2026, the latest employee count at Keyless is 42.

Is Keyless a funded company?

Keyless is a funded company, having raised a total of $26M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 16, 2018.

How much is Keyless worth?

The last known valuation of Keyless was $***** as of Nov 30, 2019.

When was the latest funding round of Keyless?

Keyless' latest funding was a $***** Series A round on Jan 22, 2025, with participation from 2 investors.

Where does Keyless rank among its competitors?

Keyless ranks 66th amongst 2342 active competitors, of which 411 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Evrotrust, which secured $7.61M in Nov, 2025.

Who are the top competitors of Keyless?

Keyless' top competitors include Okta, BitGo and LifeLock. Among them, Evrotrust secured the most recent funding round in November, 2025.

Keyless - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of biometric authentication platform providing passwordless multi-factor authentication solutions. The platform offers secure device binding, passwordless login, and step-up authentication. It caters to both consumer and workforce authentication needs. Solutions include account recovery, remote access, and shared device authentication. The technology utilizes liveness detection and supports integration via mobile or web software development kits.

Website: keyless.io
Social
Email ID: *****@keyless.io
Phone Number: +44 **********
Registered Address: 85 Great Portland Street, London, United Kingdom, W1W 7LT

Key Metrics

Founded Year

2018

Location

London, United Kingdom

Stage

Acquired

Total Funding

$26M in 8 rounds

Latest Funding Round

Series A, Jan 22, 2025, $*****

Last Known Valuation

$***** as on Nov 30, 2019

Investors

P101 & 58 more

Ranked

66^th among 2342 active competitors

Employee Count

42 as on Aug 31, 2026

Similar Companies

Okta & 2216 more

Exit Details

Acquired by Ping Identity (Jan 07, 2026)

View Keyless' full profile

Keyless is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KEYLESS TECHNOLOGIES PTE. LTD. UEN: 201904868C , Singapore, Active	Feb 14, 2019	-	-
KEYLESS TECHNOLOGIES LIMITED CIN: 11362854 , United Kingdom, Active	May 14, 2018	-	4 (As on Dec 31, 2024)

Keyless got acquired by Ping Identity on Jan 07, 2026.

Click here to take a look at Keyless's acquisition in detail

Keyless has raised a total funding of $26M over 8 rounds. Its first funding round was on May 16, 2018. Its latest funding round was a Series A round on Jan 22, 2025 for $*****. 2 investors participated in its latest round. Keyless has 32 institutional investors and 27 angel investors.

Here is the list of recent funding rounds of Keyless:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 22, 2025	9632783	Series A	7504154	4631544	7920394	6349035
Nov 29, 2023	3486977	Series A	6762912	8883478	9754384	8978944
Apr 16, 2021	8400742	Seed	3114357	4135802	P101	Primo Ventures & 2 more

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View details of Keyless's funding rounds and investors

The founders of Keyless are Lucio De Costanzo, Andrea Carmignani, Paolo Gasti, Fabian Eberle and Giuseppe Ateniese.

Here are the details of Keyless' key team members:

Lucio De Costanzo: Founder of Keyless. They are also an angel investor in 1 startup.
Andrea Carmignani: Co-Founder & CEO of Keyless. They serve on the board of 1 company.
Contact Info: 1 email address
Paolo Gasti: Co-Founder of Keyless.
Contact Info: 1 email address
Fabian Eberle: Co-Founder & COO of Keyless.
Contact Info: 1 email address
Giuseppe Ateniese: Co-Founder of Keyless.

Keyless' Board of Directors

Keyless's board has 2 active members. Miko Matsumura and Andrea Carmignani are part of team.

Here is the list of Keyless' board of directors:

Name	Type	Representing	Status	Duration
Andrea Carmignani	Team	-	Current	8y 3m
Miko Matsumura	Investor	gCC	Current	7y 1m

View details of Keyless's Founder profiles and Board Members

Keyless' employee count trend

Keyless has 42 employees as of Aug 26. Here is Keyless's employee count trend over the years:

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Top competitors of Keyless include Okta, BitGo and LifeLock. Here is the list of Top 10 competitors of Keyless, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Okta 2009, San Francisco (United States), Public	Provider of identity management solutions for workforces, customers, and AI	$228M	Sequoia Capital, Andreessen Horowitz & 13 others	87/100
2nd	BitGo 2013, Palo Alto (United States), Public	Platform that offers crypto based financial services	$170M	Goldman Sachs, Redpoint Ventures & 39 others	81/100
3rd	LifeLock 2005, Tempe (United States), Acquired	Cyber identity theft protection and prevention platform	$192M	Goldman Sachs, Kleiner Perkins & 18 others	77/100
4th	Kairos 2011, Miami (United States), Series A	Provider of AI-powered identity verification, document authentication, and biometric solutions	$19.6M	500 Global, Beyond Capital Markets & 21 others	74/100
5th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	74/100
6th	Boku 2008, United States, Public	Network connecting merchants to local payment methods for transactions	$91.3M	DAG Ventures, New Enterprise Associates & 25 others	73/100
7th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
8th	Clear 2010, New York City (United States), Public	Provider of expedited identity verification services for airport security and more	$135M	T. Rowe Price, United Airlines & 22 others	71/100
9th	Lithic 2014, New York City (United States), Series C	Provider of platform for businesses to issue and manage payment cards	$121M	Teamworthy Ventures, Index Ventures & 15 others	71/100
10th	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	HSBC, Nex.D & 12 others	71/100
66th	Keyless 2018, London (United Kingdom), Acquired	Developer of biometric authentication platform providing passwordless multi-factor authentication solutions	$26M	Experian, Lánzame Capital & 57 others	56/100