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Nymi - About the company

Nymi is an acquired company based in Toronto (Canada), founded in 2011. It operates as a Developer of wearable multi-factor authentication solution for passwordless access and security. Nymi has raised $31.8M in funding from investors like Relay Ventures, Konica Minolta and GII. The company has 2366 active competitors, including 375 funded and 235 that have exited. Its top competitors include companies like Scandit, Kairos and Evrotrust.

Company Details

Developer of wearable multi-factor authentication solution for passwordless access and security. The company's offering is designed for use in IT and OT environments. It provides authentication for applications, systems, and networks. The wearable device supports compliance with industry regulations for managing access and electronic signatures.
Social
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Email ID
*****@nymi.com
Phone Number
+1 **********
Registered Address
500-82 Peter Street, Toronto, OT M5V 2G5, CA
Key Metrics
Founded Year
2011
Location
Toronto, Canada
Stage
Acquired
Total Funding
$31.8M in 5 rounds
Latest Funding Round
Ranked
Employee Count
39 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Innominds (Apr 12, 2022)

Nymi's acquisition details

Nymi got acquired by Innominds on Apr 12, 2022.
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Nymi's funding and investors

Nymi has raised a total funding of $31.8M over 5 rounds. Its latest funding round was a Series C round on Jun 07, 2018 for $*****. 1 investor participated in its latest round. Nymi has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Nymi:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 07, 2018
1452352
Series C
8488692
8918777
7629582
9925772
May 16, 2017
4528167
Series B
7943657
5042214
5061256
Sep 24, 2014
2752126
Series A
9332629
7674127
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Nymi's founders and board of directors

Founder? Claim Profile

Nymi's employee count trend

Nymi has 39 employees as of Aug 26. Here is Nymi's employee count trend over the years:
Employee count trend for Nymi
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Nymi's Competitors and alternates

Top competitors of Nymi include Scandit, Kairos and Evrotrust. Here is the list of Top 10 competitors of Nymi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Scandit
Scandit
2009, Zurich (Switzerland), Series D
Developer of smart data capture platform for various industry applications
$273M
77/100
2nd
Logo for Kairos
Kairos
2011, Miami (United States), Series A
Provider of AI-powered identity verification, document authentication, and biometric solutions
$19.6M
74/100
3rd
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
4th
Logo for Clear
Clear
2010, New York City (United States), Public
Provider of expedited identity verification services for airport security and more
$135M
71/100
5th
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Provider of privacy-focused identity and age solutions
$210M
71/100
6th
Logo for iProov
iProov
2011, London (United Kingdom), Series B
Platform offering digital identity verification services
$85.1M
70/100
7th
Logo for Mantra Softech
Mantra Softech
2006, Ahmedabad (India), Series A
Biometrics-based security and surveillance solutions
$14.2M
70/100
8th
Logo for itsme
itsme
2017, Brussels (Belgium), Series B
Provider of digital identity solutions for secure online transactions and signatures
$29.3M
68/100
9th
Logo for Unico
Unico
2007, Sao Paulo (Brazil), Series D
Provider of digital identity verification and authentication solutions for businesses
$341M
67/100
10th
Logo for Trust Stamp
Trust Stamp
2015, Atlanta (United States), Public
AI-powered platform focuses on cybersecurity solutions
$9.58M
66/100
143rd
Logo for Nymi
Nymi
2011, Toronto (Canada), Acquired
Developer of wearable multi-factor authentication solution for passwordless access and security
$31.8M
47/100
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Nymi's Investments and acquisitions

Nymi has made no investments or acquisitions yet.

Reports related to Nymi

Here is the latest report on Nymi's sector:

News related to Nymi

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•
Innominds Software’s Acquisition of NymiGlobal Legal Chronicle•Apr 21, 2022•Innominds, Nymi
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FAQs about Nymi

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