1Kosmos Raises $57M to Zap Passwords and Boost Identity Security Worldwide
1Kosmos raises $57 million in Series B to boost its identity verification and passwordless authentication platform. With a mission to prevent fraud and impersonation, the company expands its global reach and technology integrations, proving that even hackers need to up their game.
Hot Take:
In a world where passwords are as easy to forget as your gym membership, 1Kosmos has decided to save the day with a cool $57 million. Now, they’re on a mission to make sure your identity is safer than a double-locked diary in a teenager’s room. Let’s hope they remember the password to unlock all that potential!
Key Points:
- 1Kosmos raised $57 million in a Series B funding round, bumping their total funds to $72 million.
- The funding round was led by Forgepoint Capital, Oquirrh Ventures, and Origami Capital.
- The capital will fuel product enhancement, global expansion, and third-party tech integrations.
- 1Kosmos focuses on identity verification and passwordless multi-factor authentication.
- The platform is already in use across banks, healthcare, telecoms, tech providers, and retailers.
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