Anonybit Overview
Anonybit is the pioneer in privacy-enhancing biometric technologies, offering a patent-pending decentralized biometric identity platform that eliminates centralized honeypots and secures biometric data at scale. Its platform is trusted by major banks, fintechs and other enterprises to prevent account takeover fraud, streamline user experiences, and enhance compliance. The primary use cases that Anonybit supports are deduplication and blocklists, passwordless login, step up authentication and account recovery. For more information, visit www.anonybit.io
Cumulative Funding Raised Over Time ($)
$3.5MJan 2022
$6.5MOct 2023
Latest News
Fingerprint Cards AB (Fingerprints) and Anonybit announce Partnership to Revolutionize Enterprise Authentication at Scale with Privacy-Centric Biometrics
Anonybit Expands Biometric Modality Support With Iris And Voice Recognition
Anonybit Strengthens its Advisory Board with Appointment of Veteran Banking Industry Executive Leader and Identity Expert Brian Russell
With Addition of Palm Biometrics, Anonybit Unveils Industry-First Privacy Enhancing Multi-Modal Biometric Platform
Anonybit Unveils Major Upgrade to Its Decentralized Data Vault To Support a Broad Range of Use Cases Across the Identity Management Lifecycle
| Sector | Cyber Security |
Funding
| Total funding | $6.5M |
| Last funding | $3M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 6 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.anonybit.io/ |
Locations
Ashkelon, Israel
New York, NY, USA
Photos & Videos
3 item(s)
Anonybit Business
Business models
B2B2C, B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareIT, R&D & Data SolutionsData ArchitectureCyber SecurityData SecurityIdentity SecurityTarget Customer
Financial ServicesFinancial InstitutionsBanksKYCComplianceEnterprise & Professional ServicesEnterprisesCommerce & RetailDistribution ChannelsBrick & MortarSupermarketsCore Technology
CryptographyPlatforms & InterfacesWebMobileAPIArtificial IntelligenceImage RecognitionMachine LearningData StorageP2PTags (11)
identity-verificationanti-fraudmulti-factor-authenticationbiometricsauthenticationiamface-recognitiondata-protectionprivacy-protectioncall-centersenterprise-securitySolutions
{"title":"Identity & Security","description":"Anonybit provides decentralized biometric identity verification for deduplication and blocklist checks, preventing fraud and ensuring unique user identities without storing raw biometric data.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Cybersecurity / Fintech","description":"Anonybit's passwordless login solution utilizes FIDO passkeys and decentralized biometrics to eliminate passwords, enhance security, improve user experience, and provide secure crypto wallet recovery.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":1,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Data Security & Privacy","description":"Anonybit's Secure PII Storage solution decentralizes and fragments sensitive Personally Identifiable Information (PII) into \"Anonybits\" across a distributed network, eliminating central data honeypots and significantly enhancing data security, privacy, and regulatory compliance.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":3,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Cross-Industry (Contact Centers)","description":"Anonybit's Contact Center Authentication uses decentralized biometrics to provide frictionless, secure authentication, reducing fraud, improving customer experience, and increasing operational efficiency by eliminating passwords and PINs.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Cybersecurity / Financial Services","description":"Anonybit's Step Up Authentication uses decentralized biometrics to provide an additional, frictionless layer of security for high-risk transactions and sensitive data access, enhancing fraud prevention and compliance.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":1,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Negligible / Incidental","content":"No discernible or only trivial positive effect; status-quo unchanged."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
Deduplication & Blocklist ChecksPasswordless LoginSecure Data StorageContact Center AuthenticationStep Up AuthenticationGeographic Markets
AfricaAmericasEuropeAsiaAnonybit Financials
$6.5M
Total funding
Undisclosed
Capital raised
$3M
Last funding
Seed
Funding stage
2
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
$3.5MJan 2022
$6.5MOct 2023
Private Equity Funding
Seed
Oct 2023
$3M
JAM & Fintop (Lead)
,
Connecticut Innovations
Seed
Jan 2022
$3.5M
Industry Ventures , NextGen Venture Partners, PreceptorPreceptor Capital, Switch Ventures
Anonybit Lifecycle
Cumulative Funding Raised Over Time
$3.5MJan 2022
$6.5MOct 2023
All Events
Seed
Oct 2023
$3M
JAM & Fintop (Lead)
,
Connecticut Innovations
Seed
Jan 2022
$3.5M
Industry Ventures , NextGen Venture Partners, PreceptorPreceptor Capital, Switch Ventures
Anonybit News
12 articlesFingerprint Cards AB (Fingerprints) and Anonybit announce Partnership to Revolutionize Enterprise Authentication at Scale with Privacy-Centric Biometrics
Anonybit Expands Biometric Modality Support With Iris And Voice Recognition
Anonybit Strengthens its Advisory Board with Appointment of Veteran Banking Industry Executive Leader and Identity Expert Brian Russell
With Addition of Palm Biometrics, Anonybit Unveils Industry-First Privacy Enhancing Multi-Modal Biometric Platform
Anonybit Unveils Major Upgrade to Its Decentralized Data Vault To Support a Broad Range of Use Cases Across the Identity Management Lifecycle
Anonybit Deploys Upgraded Decentralized Biometrics Cloud Capabilities With Tier 1 Latin America Banking Group
growth-positive
Anonybit raises $3M to further build out biometric security platform Genie
Biometric security startup Anonybit has raised an additional $3 million in an extension round, bringing its total funding to $8 million. The round was led by JAM FINTOP and Connecticut Innovations. The funds will be used to continue developing Anonybits flagship system, Anonybit Genie, which secures and anonymizes identity information. The company also announced the appointment of Limor Elbaz as Chief Revenue Officer and Al Pascual to its advisory board.
InvestmentManagement Changes
growth-positive
Anonybit Partners with Ping Identity to Enable Frictionless Decentralized Passwordless Authentication
Anonybit, a decentralized biometrics company, has announced a partnership with Ping Identity, an intelligent identity solution for enterprises. The partnership will allow Ping Identitys customer base, which includes over half of the Fortune 100 enterprises, to use Anonybits privacy-by-design framework to reduce the risk of data breaches and account takeover attacks. The Anonybit solution addresses the entire identity management lifecycle and supports a wide range of enterprise use cases. The partnership is expected to enhance security, privacy, and usability.
Partners
growth-positive
Anonybit Achieves FIDO Certification
Anonybit, a pioneer in decentralized biometrics, has announced that its Genie platform is now FIDO Certified. Genie is an end-to-end passwordless authentication platform that connects digital onboarding to downstream authentication via decentralized biometrics. This ensures a reusable identity across multiple devices and applications. The FIDO certification will allow enterprises to accept biometrics as a form of user authentication. Anonybit also announced that it has been named to Fast Company’s second annual Next Big Things in Tech list.
CustomersPartners
growth-positive
ANONYBIT COMPLETES SOC2 AND ISO27001 CERTIFICATION
Anonybit, a decentralized data infrastructure provider, has completed SOC 2 Type II examination and ISO 27001:2013 certification for information security management. These certifications validate Anonybits commitment to providing stringent enterprise-level security for data secured in its system. The companys decentralized data infrastructure serves as the framework for two award-winning products: end-to-end passwordless authentication and a decentralized data vault that protects all types of personal identifiable information. Anonybit was audited by Prescient Assurance, a leader in security and compliance attestation for B2B, SAAS companies worldwide.
CustomersPartners
Anonybit Raises $3.5M in Funding
Anonybit Closes $3.5M Funding Round Led by Switch Ventures
Anonybit Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 27 |
| Team members | 2 |
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Anonybit Internal
Recent Updates
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Admin Info
| Confidence | 83/100 |
| Missing | sector, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516538840 |
| Creator | Ortal Wein |
| Creator email | ortalw@sncentral.org |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2025-02-09T00:00:00.000Z |
| Created | 2023-10-16T00:00:00.000Z |
| Claimed | Yes |