Transmit Security
Founded Year
2014Stage
Series A | AliveTotal Raised
$583MValuation
$0000Last Raised
$543M | 4 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-40 points in the past 30 days
About Transmit Security
Transmit Security focuses on providing cloud-native customer identity and access management (CIAM) services. The company offers a range of identity services, including identity orchestration, detection and response, identity management, identity verification, authentication services, and data validation. These services are designed to consolidate identity stacks, centralize decision-making, automate customer journeys, monitor and analyze risk signals, and more. It was founded in 2014 and is based in Boston, Massachusetts.
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Transmit Security's Product Videos
ESPs containing Transmit Security
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The identity and access management (IAM) market allows organizations to manage and secure user identities and access to resources, including applications, data, and systems. Also known as identity security or identity governance, IAM solutions help organizations ensure the right individuals have access to the right resources at the right time while protecting against unauthorized access and data b…
Transmit Security named as Challenger among 15 other companies, including Okta, SailPoint, and Ping Identity.
Transmit Security's Products & Differentiators
Identity and Data Validation
Verify legitimate customers quickly. A deep yet fast document inspection examines every detail to discern if the ID is authentic and unaltered. Biometric matching compares the selfie and ID photo to determine if they match. Automated background checks rapidly screen AML & PEP watch lists, so you don’t have to. Instantly validate customer identity details. Automate background checks for accurate results in a split second. Transmit Security’s Identity Validation API easily connects to external data sources as well as your own internal data to validate identities and build a comprehensive customer profile. The service simplifies and expedites account registration to comply with global regulations, stop fraud and protect your business.
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Research containing Transmit Security
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Transmit Security in 7 CB Insights research briefs, most recently on Mar 14, 2024.
Mar 14, 2024
The retail banking fraud & compliance market map
Feb 20, 2024
The hardware security market map
Nov 3, 2023
The endpoint security market map
Jul 28, 2023
The cloud security market map
Expert Collections containing Transmit Security
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Transmit Security is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,277 items
Regtech
1,921 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Cybersecurity
10,957 items
These companies protect organizations from digital threats.
Digital ID In Fintech
268 items
For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.
Transmit Security Patents
Transmit Security has filed 4 patents.
The 3 most popular patent topics include:
- authentication methods
- computer access control protocols
- computer network security
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
12/8/2020 | 10/3/2023 | Password authentication, Computer access control protocols, Computer network security, Authentication methods, Google services | Grant |
Application Date | 12/8/2020 |
|---|---|
Grant Date | 10/3/2023 |
Title | |
Related Topics | Password authentication, Computer access control protocols, Computer network security, Authentication methods, Google services |
Status | Grant |
Latest Transmit Security News
Jun 20, 2025
Aflac probes cybersecurity breach exposing customer data 20/06/2025 Business laptop customers The insurer has engaged third-party cybersecurity experts to investigate the breach and is currently reviewing files that may have been compromised. The affected data includes sensitive personal information such as Social Security numbers and health-related details of its customers. Aflac has recently engaged in several key technology partnerships aimed at modernizing its operations and improving customer experience. It partnered with SKYGEN to streamline its dental and vision claims processes through automation and real-time connectivity. In collaboration with Nayya, Aflac is enhancing how employees interact with and utilize their supplemental health benefits by integrating medical claims data with AI-driven insights. On the cybersecurity front, Aflac has consolidated 15 different security tools into CrowdStrike’s Falcon platform, which now powers its endpoint protection, identity security, application security posture management, and next-gen SIEM capabilities. The company is also working with Zscaler to implement a Zero Trust architecture and improve network security, and with Transmit Security to introduce passwordless authentication via passkeys, which has reduced login errors and improved customer authentication experiences. As part of its technology investment strategy, Aflac Global Investments acquired a 40% stake in Tree Line Capital Partners in May 2024, expanding into private credit and committing ongoing capital to support long-term underwriting needs. Aflac Corporate Ventures had earlier invested in Sharecare, a digital health platform, signaling its interest in scalable digital health solutions. Aflac’s broader technology focus includes driving automation, leveraging cloud infrastructure, and boosting security. With the help of LTIMindtree, Aflac is executing a cloud migration plan under its “One Digital Aflac” initiative, which has improved operational resilience and reduced hosting costs. The company is also using AWS and microsite platforms to support virtual sales and customer enrollment, while data analytics tools help tailor user experiences. These moves reflect Aflac’s commitment to digital transformation across its business operations. InfotechLead.com News Desk
Transmit Security Frequently Asked Questions (FAQ)
When was Transmit Security founded?
Transmit Security was founded in 2014.
Where is Transmit Security's headquarters?
Transmit Security's headquarters is located at 201 Washington Street, Boston.
What is Transmit Security's latest funding round?
Transmit Security's latest funding round is Series A.
How much did Transmit Security raise?
Transmit Security raised a total of $583M.
Who are the investors of Transmit Security?
Investors of Transmit Security include CyberStarts, General Atlantic, Vintage Investment Partners, Geodesic Capital, GS Growth and 10 more.
Who are Transmit Security's competitors?
Competitors of Transmit Security include Nok Nok Labs, SailPoint, ONLAYER, Keyless, Traitware and 7 more.
What products does Transmit Security offer?
Transmit Security's products include Identity and Data Validation and 4 more.
Who are Transmit Security's customers?
Customers of Transmit Security include Citi, UBS, HSBC, Santander and SunLife Financial.
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Compare Transmit Security to Competitors
HYPR focuses on identity security and passwordless authentication solutions across various sectors. The company provides an identity assurance platform that includes multi-factor authentication, risk mitigation, and identity verification. HYPR's solutions are utilized in the financial services, critical infrastructure, energy, and retail sectors. It was founded in 2014 and is based in New York, New York.
Smile ID provides digital identity verification, fraud detection, anti-money laundering, and KYC compliance solutions within the identity verification sector. The company offers services like user authentication, document verification, liveness checks, and face verification for the African market. Smile ID serves businesses that need identity verification and compliance solutions to scale operations in Africa. Smile ID was formerly known as Smile Identity. It was founded in 2017 and is based in Lagos, Nigeria.
BioCatch provides behavioral biometrics for the financial services industry, concentrating on fraud prevention. The company offers solutions that analyze online users' physical and cognitive digital behavior to protect against various forms of fraud and financial crime. BioCatch serves the banking and financial services sectors with its fraud detection and prevention services. It was founded in 2011 and is based in Tel Aviv, Israel.
InCights Mobile Solutions is a developer and provider of voice biometrics software and delivery systems. The company's vision is to establish Voice biometrics as a de-facto standard for remote authentication over telephony and other online channels.
Socure is a platform in the digital identity verification and trust sector, utilizing artificial intelligence and machine learning within the financial services, government, gaming, healthcare, telecom, and e-commerce industries. The company offers a predictive analytics platform that employs AI and machine learning techniques to verify identities in real time, using online and offline data intelligence such as email, phone, address, intellectual property, device, and velocity. Socure's clientele includes a range of sectors, primarily focusing on financial services, government, and technology-driven industries. It was founded in 2012 and is based in Incline Village, Nevada.
Tactical Information Systems provides complete identity solutions that meet the needs of governments, law enforcement, border security, and identity communities. It is based in Austin, Texas.
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