Enterprise Tech / Cybersecurity
Best Passwordless Authentication Tools Companies
What is Passwordless Authentication Tools?
The passwordless authentication tools market offers solutions that eliminate passwords to mitigate the risk of cybersecurity incidents caused by compromised credentials. This market offers organizations a more secure access posture and can help combat phishing and data breaches at scale. At the same time, these solutions also aim to improve login experiences for employees and customers by offering a more frictionless user experience. The market also enables a progressive passwordless journey with many MFA offerings that work off the same base.
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Top Passwordless Authentication Tools Companies

JumpCloud offers directory services easing unified information technology platforms. It secures, manages, and controls user access to resources from any location and device. JumpCloud was formerly known as SafeInstance. The company was founded in 2012 and is based in Boulder, Colorado.

ForgeRock specializes in digital identity and access management within the technology sector. The solutions offered by the company allow consumers, employees, and devices to securely access the digital world, managing the complete lifecycle of identities from dynamic access controls, governance, and storing authoritative data. These services are primarily utilized by industries such as financial services, healthcare, government, retail, and media & telecommunications. It was founded in 2010 and is based in San Francisco, California.

Ping Identity operates as an identity management company. It helps protect users and their digital interactions. Its services include orchestrating user journeys, preventing identity fraud, issuing digital credentials, and providing secure access to applications. The company primarily serves the digital enterprise sector. It was founded in 2002 and is based in Denver, Colorado.

Stytch develops authentication software. It offers user management, security, access management, and more. It was founded in 2020 and is based in San Francisco, California.
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1Kosmos is a company that focuses on blockchain-powered identity and authentication in the technology sector. The company offers services such as identity verification, passwordless authentication, and document verification, all aimed at enhancing security for employees, customers, and citizens. It primarily serves sectors such as financial services, government, healthcare, insurance, and manufacturing. It was founded in 2018 and is based in Somerset, New Jersey.
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Axiad is a company providing passwordless authentication and credential management solutions in the cybersecurity industry. The company offers a range of services including multi-factor authentication, phishing-resistant authentication, and certificate-based authentication for identity and access management. Its services are designed to securely connect people and machines to data and applications without the need for passwords. The company was founded in 2010 and is based in Santa Clara, California.
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Beyond Identity is a passwordless identity management system. It uses standard protocols for public key cryptography to provide stronger authentication and protect user privacy. It eliminates passwords and replaces with fundamentally asymmetric-key cryptography. The company was founded in 2020 and is based in New York, New York.
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Cerby develops a cyber security platform designed to secure unmanageable applications. The platform safeguards software by automating manual processes, uncovering security issues, and many others. The company was founded in 2020 and is based in Alameda, California.
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HYPR is a decentralized biometric security company. Its software integrates into employee and customer-facing applications to eliminate fraud. It provides biometric sensors for interoperable architecture to ensure user data is private across the internet of things (IoT). It was founded in 2014 and is based in New York, New York.
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Ivanti is a company that focuses on IT solutions, specifically in the cybersecurity, unified endpoint management, and enterprise service management sectors. The company offers services that find, heal, and protect devices everywhere, enabling secure and efficient work environments for teams, regardless of their location. Ivanti primarily caters to the IT and cybersecurity industries. It was founded in 1985 and is based in South Jordan, Utah.

Keyless provides a privacy-first platform for authentication and identity management. It offers consumer authentication and workforce authentication including step up authentication, account recovery, multi-factor authentication, shared device authentication, and more. The company was formerly known as Orycle. It was founded in 2019 and is based in London, United Kingdom. In November 2021, Keyless was acquired by Sift.
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Strata Identity develops identity modernization and orchestration solutions for hybrid and multi-cloud services. It offers an identity fabric that helps customers secure, modernize, orchestrate, and analyze fragmented identity infrastructure. It provides Maverics, a distributed identity orchestration platform enabling organizations to adopt modern cloud identity systems without the need to rewrite applications. It was founded in 2019 and is based in Boulder, Colorado.
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Teleport provides identity-based infrastructure access management. The company prevents phishing by relying on biometrics and machine identity and stops attacker pivots. It was formerly known as Gravitational. The company was founded in 2015 and is based in Oakland, California.
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Transmit Security operates as an identity access management vendor. It offers identity orchestration and authentication products. Its solutions include monitoring and mitigating fraud risks, authorization and user management solutions, authentication services, identity verification, and more. The company was founded in 2014 and is based in Boston, Massachusetts.
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Trusona is a company that focuses on providing passwordless multi-factor authentication solutions in the cybersecurity industry. The company offers services that replace traditional passwords and one-time passwords with passkeys, aiming to increase customer engagement, reduce sign-in time, and enhance security. Trusona primarily serves businesses seeking to improve their customer experience and security measures. It was founded in 2015 and is based in Scottsdale, Arizona.
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Our Methodology
The ESP matrix leverages data and analyst insight to identify and rank leading private-market companies in a given technology landscape.
What is Passwordless Authentication Tools?
The passwordless authentication tools market offers solutions that eliminate passwords to mitigate the risk of cybersecurity incidents caused by compromised credentials. This market offers organizations a more secure access posture and can help combat phishing and data breaches at scale. At the same time, these solutions also aim to improve login experiences for employees and customers by offering a more frictionless user experience. The market also enables a progressive passwordless journey with many MFA offerings that work off the same base.
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Market Map
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Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.