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.
- Website
- www.oloid.com/
- 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
Ranked
9th among 46 active competitors
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 |
View details of OLOID's funding rounds and investors
OLOID's founders and board of directors
Founder? Claim ProfileThe 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:
- Madhu Madhusudhanan: Co-Founder & CTO of OLOID. Contact Info: 1 email address
- Madhu M: Co-Founder & CTO of OLOID.
- Mohit Garg: Co-Founder & CEO of OLOID.
- Shankar Agarwal: Co-Founder of OLOID.
View details of OLOID's Founder profiles and Board Members
OLOID's employee count trend
OLOID has 87 employees as of May 26. Here is OLOID's employee count trend over the years:
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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:
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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 | 86/100 | |
2nd | Provider of digital identity solutions for secure online transactions and signatures | $29.3M | 68/100 | ||
3rd | 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 | Gataca 2018, Boston (United States), Seed | Provider of digital identity verification and authentication platform for organizations | $1.42M | 61/100 | |
5th | Sensory 1994, Santa Clara (United States), Funding Raised | Provider of embeddable speech and vision technologies for consmer products | - | 59/100 | |
6th | Nok Nok Labs 2011, Palo Alto (United States), Acquired | Passwordless authentication software | $74.9M | 59/100 | |
7th | Allthenticate 2009, Houston (United States), Series A | Provider of security services | $13.5M | 57/100 | |
8th | Keyless 2018, London (United Kingdom), Acquired | Developer of biometric authentication platform providing passwordless multi-factor authentication solutions | $26M | 57/100 | |
9th | OLOID 2019, Sunnyvale (United States), Series A | Provider of passwordless authentication and workflow automation for frontline workers | $26.4M | 54/100 | |
10th | 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.
•
Ping Identity Partners with Oloid to Address Healthcare's Password Problem with Passwordless Identity SolutionBiometricUpdate.com•May 12, 2026•OLOID, Ping Identity
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