HomeFinTechOwnID: Raises USD6.2M In Seed Funding

OwnID: Raises USD6.2M In Seed Funding

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OwnID Raises USD6.2M In Seed Funding

  • OwnID, a Tel Aviv, Israel-based provider of a passwordless identity platform, raised $6.2m in seed funding
  • The round was led by Mayfield. SAP also invested in the company
  • The company offers a “Skip Password” add-on which blends into existing registration and login forms (no app needed)
  • The button enables users to authenticate with their phone biometrics
  • When browsing on desktop or any other device, users scan a QR code and are authenticated by their phone
  • The company can be added to existing forms by any developer using company’s self-serving console
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