Transmit Security - About the company
Transmit Security is a series A company based in Boston (United States), founded in 2014. It operates as a Customer identity management solution provider. Transmit Security has raised $543M in funding from Insight Partners and General Atlantic, with a current valuation of $2.2B. The company has 848 active competitors, including 198 funded and 170 that have exited. Its top competitors include companies like IDnow, Jumio and Simplex.
Sectors and market segments that Transmit Security operate in
Transmit Security serves in the High Tech, FinTech market segments.The primary business model of Transmit Security are:Company Details
Customer identity management solution provider. It provides a unified development and operational environment for best-of-breed customer identity management, fraud prevention, and identity verification. It is capable of detecting advanced account opening fraud, scan government-issued documents and validate their authenticity. It offers biometric systems for authentication. It protects customers from fraud across all channels and devices. It also delivers options for authenticators including face recognition, eye recognition, voice recognition, fingerprint, OTP, notifications, and pattern drawing.
- Website
- transmitsecurity.com
- Social
- Email ID
- *****@transmitsecurity.com
- Registered Address
- SUITE 4, 7TH FLOOR,50 BROADWAY,LONDON,UNITED KINGDOM,SW1H 0DB
Key Metrics
Founded Year
2014
Location
Boston, United States
Stage
Series A
Total Funding
$543M in 1 round
Latest Funding Round
Post Money Valuation
$2.2B as on Jun 22, 2021
Investors
Ranked
81st among 848 active competitors
Employee Count
321 as on Oct 31, 2026
Legal entities associated with Transmit Security
Transmit Security is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TRANSMIT SECURITY, INC. CIN: 205314396 , United States, Active | Dec 15, 2022 | - | - | - |
TRANSMIT SECURITY UK LTD CIN: 11207381 , United Kingdom, Active | Feb 14, 2018 | - | 19 (As on Dec 31, 2024) |
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Transmit Security's funding and investors
Transmit Security has raised a total funding of $543M over 1 round. Its latest funding round was a Series A round on Jun 22, 2021 for $543M. 9 investors participated in its latest round. Transmit Security has 10 institutional investors.
Here is the list of recent funding rounds of Transmit Security:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 22, 2021 | $543M | Series A | $2.2B | - |
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Transmit Security's founders and board of directors
Founder? Claim ProfileTransmit Security's employee count trend
Transmit Security has 321 employees as of Oct 26. Here is Transmit Security's employee count trend over the years:
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Transmit Security's Competitors and alternates
Top competitors of Transmit Security include IDnow, Jumio and Simplex. Here is the list of Top 10 competitors of Transmit Security, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
2nd |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $201M | 74/100 | |
3rd | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
4th |  Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
5th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
6th | Cloud based KYC and AML management software | $181M | 70/100 | ||
7th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
8th |  HYPR 2014, New York City (United States), Series D | Provider of passwordless multi-factor authentication, identity verification, and risk management | $131M | 69/100 | |
9th | Risk Ledger 2017, London (United Kingdom), Series B | Cloud-based supply chain risk and compliance management software | $44.5M | 68/100 | |
10th | Microblink 2013, London (United Kingdom), Series A | Platform offering card scanning apps-based consumer payments | $60M | 68/100 | |
81st |  Transmit Security 2014, Boston (United States), Series A | Customer identity management solution provider | $543M | 62/100 |
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Transmit Security's Investments and acquisitions
Transmit Security has made no investments or acquisitions yet.
Reports related to Transmit Security
Here is the latest report on Transmit Security's sector:
News related to Transmit Security
Filter this listMedia has covered Transmit Security for a total of 4 events in the last 1 year, 1 of them has been about people movement.
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Transmit Security Named a Leader in the 2026 Gartner® Magic Quadrant™ for Customer Identity and Access ManagementBusiness Wire•Nov 03, 2026•Transmit Security
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Transmit Security Names Matt Thompson Chief Executive Officer and Unveils Agentic Trust for Financial Institutions and MerchantsBusiness Wire•Oct 19, 2026•Transmit Security
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Transmit Security Receives Morgan Stanley 2026 Innovation AwardBusiness Wire•Sep 30, 2026•Transmit Security
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Transmit Security Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Access ManagementCIO Influence•Nov 20, 2025•Transmit Security
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Transmit Security is Recognized as a Leader in Customer Identity and Access Management by a Leading Analyst FirmBusiness Wire•Dec 05, 2024•Transmit Security
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PointFive Secures $20M in Series A Funding to Accelerate Cloud Cost Optimization With Multi-Cloud SupportNewswire•Nov 12, 2024•PointFive, Salesforce Ventures, Index Ventures, Entree Capital and 3 others
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Liminal Research Ranks Transmit Security as a Leader in ATO PreventionBusiness Wire•Oct 15, 2024•Transmit Security
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Hype and Transmit Security announce partnershipGlobalsecuritymag•Jun 11, 2024•Hype, Transmit Security
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FAQs about Transmit Security
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