Singular Key
Singular Key | The Future of Authentication.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Singular Key, founded in 2018 by Hitesh Kalra and Jatin Maniar, operated as a provider of identity and security orchestration solutions before its acquisition by Ping Identity on September 27, 2021. The company was established in Cupertino, California, and secured seed funding from institutional investors including Kemp Au Ventures and 1414 Ventures.
The core of Singular Key's business was a vendor-neutral, no-code identity orchestration platform. This platform was designed to help digital businesses simplify and accelerate the deployment of complex identity and access management (IAM) workflows. It allowed clients to integrate various third-party services for identity verification, fraud detection, risk assessment, and access management into a unified system without needing to write code. The platform featured over 100 out-of-the-box integrations, enabling businesses to automate processes, conduct A/B testing, and orchestrate workflows to create a secure and seamless experience for their users.
Singular Key's primary offering was centered on multi-factor and passwordless authentication. It enabled the use of modern authentication methods like push notifications secured by biometrics, OTP codes, and hardware-grade security standards such as FIDO2 and WebAuthn. This technology was aimed at reducing the risk of account takeovers by defending against phishing and man-in-the-middle attacks. The service was available for a range of platforms including web, mobile (iOS, Android), and legacy applications. The business model was based on a simple per-active-user or transaction pricing structure, which was designed to be cost-efficient for their clients.
Keywords: identity orchestration, no-code platform, passwordless authentication, multi-factor authentication, IAM solution, FIDO2, WebAuthn, identity security, cybersecurity, access management, user journey optimization, API integration, identity verification, fraud detection, Ping Identity acquisition, Hitesh Kalra, Jatin Maniar, Kemp Au Ventures, 1414 Ventures