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 Sep 30, 2026, the latest employee count at Keyless is 41.

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 74th amongst 2158 active competitors, of which 345 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Opal, which secured $23M in Jun, 2026.

Who are the top competitors of Keyless?

Keyless' top competitors include SailPoint, RSA and Yoti. Among them, Opal secured the most recent funding round in June, 2026.

Keyless - 2026 Company Profile, Team, Funding & Competitors

Keyless is an acquired company based in London (United Kingdom), founded in 2018 by Lucio De Costanzo, Andrea Carmignani, Paolo Gasti, Fabian Eberle and Giuseppe Ateniese. It operates as a Developer of biometric authentication platform providing passwordless multi-factor authentication solutions. Keyless has raised $26M in funding from investors like P101, Rialto and Experian, with last known valuation of $*****. The company has 2158 active competitors, including 345 funded and 219 that have exited. Its top competitors include companies like SailPoint, RSA and Yoti.

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

74^th among 2158 active competitors

Employee Count

41 as on Sep 30, 2026

Similar Companies

SailPoint & 1965 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	Reports
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	5017710	Series A	3586168	6439670	9420891	3859967
Nov 29, 2023	8398236	Series A	2650316	1354819	9593462	3275107
Apr 16, 2021	5487164	Seed	3743294	9508573	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 5m
Miko Matsumura	Investor	gCC	Current	7y 2m

View details of Keyless's Founder profiles and Board Members

Keyless' employee count trend

Keyless has 41 employees as of Sep 26. Here is Keyless's employee count trend over the years:

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Top competitors of Keyless include SailPoint, RSA and Yoti. 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	SailPoint 2005, Austin (United States), Public	Provider of identity security solutions for modern enterprise risk management	$26.6M	Thoma Bravo, Elsewhere Partners & 10 others	76/100
2nd	RSA 1982, Bedford (United States), Acquired	Provider of identity and access management solutions for diverse environments	$7.25M	Clearlake Capital Group, Asia Pacific Ventures ... & 5 others	76/100
3rd	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	HSBC, Nex.D & 12 others	76/100
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	76/100
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	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 & 16 others	72/100
8th	iProov 2011, London (United Kingdom), Series B	Platform offering digital identity verification services	$85.1M	Sumeru Equity Partners, Dhs & 39 others	70/100
9th	Opal 2020, San Francisco (United States), Series C	Cloud based platform offering infrastructure security solutions	$59M	Greylock Partners, Battery Ventures & 8 others	70/100
10th	Silverfort 2016, Tel Aviv (Israel), Series D	Multi-factor authentication solutions provider	$222M	Brighton Park Capital, Aspect Ventures & 17 others	68/100
74th	Keyless 2018, London (United Kingdom), Acquired	Developer of biometric authentication platform providing passwordless multi-factor authentication solutions	$26M	Experian, Lánzame Capital & 57 others	54/100