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OLOID - About the company

OLOID is a series A company based in Sunnyvale (United States), founded in 2019 by Madhu Madhusudhanan, Madhu M, Mohit Garg and Shankar Agarwal. It operates as a Provider of passwordless authentication and workflow automation for frontline workers. OLOID has raised $26.4M in funding from investors like Yaletown, Emergent Ventures and Dell Technologies Capital. The company has 46 active competitors, including 12 funded and 9 that have exited. Its top competitors include companies like Okta, itsme and Secret Double Octopus.

Company Details

Provider of passwordless authentication and workflow automation for frontline workers. The company delivers passwordless multi-factor authentication, a no-code workflow engine, and a tablet-based time clock. It offers solutions for single sign-on, self-service password resets, shared logins, and continuous authentication. Industries served include manufacturing, retail, pharmaceuticals, contact centers, and healthcare. The company provides integrations with HRIS, SSO, and PACS systems.
Social
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Email ID
*****@oloid.ai
Phone Number
+1 **********
Key Metrics
Founded Year
2019
Location
Sunnyvale, United States
Stage
Series A
Total Funding
$26.4M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
87 as on May 31, 2026
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OLOID's funding and investors

OLOID has raised a total funding of $26.4M over 3 rounds. Its first funding round was on Aug 2019. Its latest funding round was a Series A round on Oct 24, 2024 for $*****. 4 investors participated in its latest round. OLOID has 11 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of OLOID:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 24, 2024
3832375
Series A
7663846
1073999
5490190
9948090
Nov 29, 2021
7412013
Series A
1858387
5355957
5104217
Aug 2019
8654267
Seed
5811006
9651527
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OLOID's founders and board of directors

Founder? Claim Profile
The founders of OLOID are Madhu Madhusudhanan, Madhu M, Mohit Garg and Shankar Agarwal. Mohit Garg is the CEO of OLOID.
Here are the details of OLOID's key team members:

OLOID's employee count trend

OLOID has 87 employees as of May 26. Here is OLOID's employee count trend over the years:
Employee count trend for OLOID
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OLOID's Competitors and alternates

Top competitors of OLOID include Okta, itsme and Secret Double Octopus. Here is the list of Top 10 competitors of OLOID, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Okta
Okta
2009, San Francisco (United States), Public
Provider of identity management solutions for workforces, customers, and AI
$228M
86/100
2nd
Logo for itsme
itsme
2017, Brussels (Belgium), Series B
Provider of digital identity solutions for secure online transactions and signatures
$29.3M
68/100
3rd
Logo for Secret Double Octopus
Secret Double Octopus
2015, Be er Sheva (Israel), Series C
Provider of passwordless multi-factor authentication solutions for enterprise workforce access
$36M
67/100
4th
Logo for Gataca
Gataca
2018, Boston (United States), Seed
Provider of digital identity verification and authentication platform for organizations
$1.42M
61/100
5th
Logo for Sensory
Sensory
1994, Santa Clara (United States), Funding Raised
Provider of embeddable speech and vision technologies for consmer products
-
59/100
6th
Logo for Nok Nok Labs
Nok Nok Labs
2011, Palo Alto (United States), Acquired
Passwordless authentication software
$74.9M
59/100
7th
Logo for Allthenticate
Allthenticate
2009, Houston (United States), Series A
Provider of security services
$13.5M
57/100
8th
Logo for Keyless
Keyless
2018, London (United Kingdom), Acquired
Developer of biometric authentication platform providing passwordless multi-factor authentication solutions
$26M
57/100
9th
Logo for OLOID
OLOID
2019, Sunnyvale (United States), Series A
Provider of passwordless authentication and workflow automation for frontline workers
$26.4M
54/100
10th
Logo for Trusona
Trusona
2015, Phoenix (United States), Series C
Secure authenticaion solutions for businesses using passkeys
$38M
46/100
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OLOID's Investments and acquisitions

OLOID has made no investments or acquisitions yet.

Reports related to OLOID

Here is the latest report on OLOID's sector:

News related to OLOID

Media has covered OLOID for 1 event in last 1 year, It was about partnerships.
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