When was Paragon ID founded?

Paragon ID was founded in 1997 and raised its 1st funding round 24 years after it was founded.

Where is Paragon ID located?

Paragon ID is headquartered in Argent sur Sauldre, France.

How many employees does Paragon ID have?

As of Aug 31, 2026, the latest employee count at Paragon ID is 306.

Is Paragon ID a funded company?

Paragon ID is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 18, 2021.

When was the latest funding round of Paragon ID?

Paragon ID's latest funding was a $***** Grant (prize money) round on Nov 24, 2023, with participation from 1 investor.

What is the annual revenue of Paragon ID?

Annual revenue of Paragon ID is more than £1B as on Jun 30, 2022

Where does Paragon ID rank among its competitors?

Paragon ID ranks 5th amongst 92 active competitors, of which 7 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Paragon ID, which secured $328K in Nov, 2023.

Who are the top competitors of Paragon ID?

Paragon ID's top competitors include Salto Systems, Dormakaba and Paxton Access. Among them, Paragon ID secured the most recent funding round in November, 2023.

Paragon ID - 2026 Company Profile, Funding, Competitors & Financials

Paragon ID is a funded company based in Argent sur Sauldre (France), founded in 1997. It operates as a Provider of access control solutions based on RFID and NFC. Paragon ID has raised an undisclosed amount in funding. The company has 92 active competitors, including 7 funded and 13 that have exited. Its top competitors include companies like Salto Systems, Dormakaba and Paxton Access.

Company Details

Provider of access control solutions based on RFID and NFC. The company leverages RFID and NFC to provide smart cards, tickets, labels, and tags. The products offered by the company can be used to provide services in the field of transport, logistics, manufacturing, retail, aviation, and gaming.

Website: www.paragon-id.com/en
Social
Email ID: *****@paragon-id.com
Phone Number: +33 **********

Key Metrics

Founded Year

1997

Location

Argent sur Sauldre, France

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Nov 24, 2023, $*****

Investors

Innovation Capital & 2 more

Ranked

5^th among 92 active competitors

Annual Revenue

£1B+ as on Jun 30, 2022

Employee Count

306 as on Aug 31, 2026

Investment & Acquisitions

Tracktio & 4 more

Similar Companies

Salto Systems & 110 more

View Paragon ID's full profile

Paragon ID is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Paragon Group Limited CIN: 05258175 , United Kingdom, Active	Oct 12, 2004	£1B+ (As on Jun 30, 2022)	8967 (As on Jan 31, 2021)

Paragon ID has raised funding over 2 rounds. Its first funding round was on May 18, 2021. Its latest funding round was a Grant (prize money) round on Nov 24, 2023 for $*****. 1 investor participated in its latest round. Paragon ID has 3 institutional investors.

Here is the list of recent funding rounds of Paragon ID:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 24, 2023	3379364	Grant (prize money)	6624917	1292662	1401990	9821416
May 18, 2021	9774898	Grant (prize money)	2899292	6741744	7951015	Economy And Finance

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Paragon ID's employee count trend

Paragon ID has 306 employees as of Aug 26. Here is Paragon ID's employee count trend over the years:

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Top competitors of Paragon ID include Salto Systems, Dormakaba and Paxton Access. Here is the list of Top 10 competitors of Paragon ID, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Salto Systems 2001, Oiartzun (Spain), Series A	Manufacturer of electronic access control systems	-	Alantra, Peninsula Capital & 2 others	67/100
2nd	Dormakaba 1862, Indianapolis (United States), Public	Provides identity access management solution	-	Europa	65/100
3rd	Paxton Access 2004, Greenville (United States), Unfunded	Access control and door entry solutions for secure building management	-	-	58/100
4th	Kisi 2012, Brooklyn (United States), Seed	Developer of keyless access management platform for enterprises	$1.5M	Point Nine, Espresso Capital & 4 others	57/100
5th	Paragon ID 1997, Argent sur Sauldre (France), Funding Raised	Provider of access control solutions based on RFID and NFC	-	Innovation Capital, Economy And Finance & 1 others	56/100
6th	CDVI 2006, Laval (Canada), Unfunded	Provides locally and cloud hosted access control solutions	-	-	45/100
7th	Farpointe Data 2003, San Jose (United States), Acquired	Electronic access control solutions provider	-	-	45/100
8th	Elatec RFID 1988, Puchheim (Germany), Acquired	Provider of RFID readers, mobile credentials, software, and related accessories	-	HarbourVest Partners, QVV & 1 others	43/100
9th	FacesearchAI 2024, Funding Raised	AI-powered platform to search for and identify individuals	-	Persist Venture	42/100
10th	ProdataKey 2005, South Jordan (United States), Funding Raised	Provider of cloud-based platforms and devices for access control management	-	Wasatch Venture Partners	41/100

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Paragon ID has not made any investments yet. Paragon ID has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 19, 2022	Acquisition	Tracktio	2015	Barcelona (Spain)
Jun 28, 2022	Acquisition	UrbanThings	2002	London (United Kingdom)
Jun 21, 2021	Acquisition	Security Label	1990	Sarstedt (Germany)