Veridium

What Veridium does

Veridium is a London-headquartered (with Boston operations) provider of biometric passwordless authentication and AI-driven identity threat protection, primarily serving large regulated enterprises in banking, insurance, government/law enforcement, and telecommunications. The company's Identity Assurance Platform unifies a broad portfolio of authenticators — including 4F-ID contactless four-fingerprint capture via smartphone cameras, vFace facial recognition, FIDO-Passkeys, YubiKeys, QR code, verified push, device-native biometrics, AI Mobile User Gestures, SMS OTP, PIN, and Windows Hello — with continuous session authentication, a risk engine, and no-code orchestration for enrollment and policy flows. Underlying AI capabilities include patented anomaly detection for identity threat protection and the Intelligent Login Protection (ILP) behavioral analytics platform, which performs motion and context scoring on a Kafka/Zookeeper/Cassandra/Elasticsearch micro-service pipeline.

Veridium's technology differentiates through patent-protected proprietary biometric capture methods that eliminate the need for dedicated fingerprint hardware, and through deep integrations into the identity stacks its customers already operate (Microsoft Entra ID and hybrid Active Directory, Okta, ForgeRock, Shibboleth, Citrix VDI/FAS, FreeRADIUS, HSM, WAF). Deployment options span on-premises, hybrid, and cloud, providing flexibility for regulated buyers. The platform supports FIDO2/FIDO-U2F and Entra Passkey sync, phishing-resistant cryptographic authentication, geo-fencing for FINMA compliance, bio-to-device bonding, and lifecycle management for decentralized credentials.

The business model is enterprise-direct per-user subscription software licensing, sold through a field-sales motion targeting CISOs and IT security teams in organizations with thousands to hundreds of thousands of users (named deployments range from 4,000 employees at SIX Group to 150,000+ at Allianz). The company also leverages channel and integration partners — Jumio, IGEL, Okta, ForgeRock, Microsoft, Yubico — and implementation partners such as Tec360 and MTRIX to extend reach. With 51–100 employees, no recent disclosed funding (last round was $16.5M from Citrix in June 2018), and a competitive set that includes RSA Security and BIO-key, Veridium operates as a privately held, bootstrapped-style enterprise authentication vendor with a named-customer base concentrated in financial services.

Name

Veridium

Legal name

Veridium Ltd

Website

https://veridiumid.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Veridium is a London-based provider of biometric passwordless authentication and AI-driven identity threat protection for large regulated enterprises in banking, insurance, government, and telecommunications, selling per-user subscriptions across on-premises, hybrid, and cloud deployments.

Ownership category

akta.pro rank

Product category

Identity and Access Management / Biometric Authentication Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE)

akta.pro secondary industries

Verification & Risk Signals (Device Fingerprinting, Behavioral Biometrics) (HDADALAJ), Decentralized Identity (DID) & Verifiable Credentials (BPAMAEAJ)

Keywords

• Passwordless authentication
• Biometric authentication
• Identity assurance
• Multi-factor authentication
• Zero trust security

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Enterprise Software Licenses and Subscriptions: Veridium generates revenue through enterprise software licensing of its Identity Assurance Platform, sold on a subscription basis to large organizations. Pricing is based on the number of users authenticated and deployment model (cloud, hybrid, or on-premises).

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Veridium develops and sells an Identity Assurance Platform that delivers passwordless, phishing-resistant multi-factor authentication using a broad set of authenticators: contactless 4-fingerprint biometrics (4F-ID), facial recognition (vFace), behavioral biometrics, FIDO-Passkeys, hardware tokens, QR code, push, PIN and OTP. The platform adds AI-based anomaly detection, continuous authentication, a risk engine, no-code policy orchestration, and geo-fencing for regulatory compliance, and is sold as enterprise software licensed per user with on-premises, hybrid, or cloud deployment.

Differentiator

Problem solved

Functional benefit

Products and services

• VeridiumID Identity Assurance Platform Unified enterprise platform for passwordless, phishing-resistant authentication across VPN, VDI, laptops, mobile, BYOD, and legacy apps, with AI-driven anomaly detection, continuous behavioral authentication, risk engine, geo-fencing, and no-code orchestration of authentication and policy flows. Targeted at large enterprises and regulated institutions.
• 4F-ID Verification Contactless four-fingerprint biometric capture and verification via a mobile SDK, capturing all four fingerprints simultaneously using a standard smartphone camera. Designed for workforce authentication, SIM card registration, and on-scene law enforcement identity verification.
• Intelligent Login Protection (ILP) AI-powered behavioral analytics add-on that performs continuous authentication via motion and context scoring, detecting anomalous user behavior throughout a session to prevent account takeover. Built on micro-services (motion and context pipelines) and intended as an add-on to the VeridiumID platform for enterprise customers.
• Veridium Mobile Authenticator SDK Mobile SDK for iOS and Android that delivers Veridium's authenticator methods (FIDO-Passkeys, vFace, 4F-ID, Verified Push, QR Code, Secure PIN, SMS OTP, AI Mobile User Gestures, Device Native, Windows Hello) into customer applications, with offline FIDO support and Entra Passkey sync.

Quantifiable outcome

• TCO reduction of over 80% within one year for multinational Swiss bank
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability8 records

Feature12 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• IGEL TechnologiescoreGTM or Marketing Partner · 22 October 2024Veridium and IGEL co-exhibited at it-sa 2024 (Nürnberg, Germany, October 22-24), demonstrating integrated solutions for thin and zero client authentication. Joint go-to-market at Stand 9-117 in Hall 9.
• JumiocoreTechnology or Integration · 10 July 2024Veridium partnered with Jumio to develop biometric identity verification solutions. The collaboration integrates multiple authentication methods including facial biometrics, fingerprint recognition, and push notifications to enhance security for identity verification workflows.
• IGEL TechnologiescoreStrategic or Co-development Partner · 1 January 2024Veridium joined IGEL at Disrupt 2024 to showcase identity authentication solutions for cloud workspaces and edge computing environments. The collaboration enables Veridium's authentication methods to run on IGEL OS for thin and zero clients, providing the widest range of authentication options on IGEL OS.
• MTRIXminorChannel Partner/ Reseller/ DistributorMTRIX selected Veridium as a partner for Trusted Digital Identities, enabling Veridium's biometric authentication solutions to be distributed through MTRIX's channel network.
• Tec360minorChannel Partner/ Reseller/ DistributorTec360 partnered with Veridium to deliver biometric authentication to the largest internet company in Mexico, providing local implementation and integration services.
• Microsoft Entra IDcoreTechnology or IntegrationVeridium provides deep integration with Microsoft Entra ID (Azure AD) and hybrid Active Directory environments, enabling organizations to bridge from on-premises identity infrastructure to cloud-first security with Microsoft's identity platform.
• OktacoreTechnology or IntegrationVeridium and Okta published a joint solution brief for integrated identity and authentication, enabling Okta customers to leverage Veridium's biometric authentication methods within the Okta Identity Cloud.
• ForgeRockcoreTechnology or IntegrationVeridium and ForgeRock published a joint solution brief for integrated CIAM and workforce identity solutions, enabling ForgeRock customers to incorporate Veridium's biometric authentication.
• CitrixcoreTechnology or IntegrationVeridium integrates with Citrix Virtual Desktop Infrastructure (VDI) and Citrix Federated Authentication Services, enabling passwordless authentication for virtual desktop environments. Referenced in multiple customer case studies.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• RSA Security: RSA is an established incumbent in enterprise authentication (SecurID tokens, identity governance) and was directly out-competed by Veridium at National Bank of Egypt; it represents the legacy MFA vendor that Veridium displaces.
• Okta: Okta is a leading cloud identity platform with native passkey/FIDO support and a published integration partnership with Veridium, serving as both a partner channel and a broader incumbent in workforce and customer authentication.
• Microsoft Entra ID: Microsoft Entra ID (formerly Azure AD) is the dominant enterprise identity platform with built-in passkey, passwordless, and biometric features; it is both Veridium's most important integration partner and its largest potential competitor.
• ForgeRock: ForgeRock is an identity platform vendor (now part of Ping Identity) serving workforce and CIAM use cases with a published joint solution brief with Veridium, making it both a distribution partner and a broader incumbent in identity management.

Direct peers

• Transmit Security: Transmit Security offers passwordless authentication, biometric verification, and CIAM/identity orchestration for banks and large enterprises, overlapping directly with Veridium's passwordless and continuous authentication portfolio.
• HYPR: HYPR provides passwordless authentication using FIDO2 and biometric authenticators (mobile, desktop, smart cards) for enterprise workforce and customer use cases, directly competing with Veridium in the same phishing-resistant MFA category.
• Yubico: Yubico manufactures YubiKey hardware tokens for FIDO2/passwordless authentication and is integrated into Veridium's multi-authenticator portfolio; both compete and coexist in the phishing-resistant MFA stack.
• BIO-key: BIO-key provides biometric authentication (fingerprint, palm) for enterprise identity and access management, and was explicitly named as a competitor to Veridium in the National Bank of Egypt evaluation.
• Beyond Identity: Beyond Identity delivers passwordless, phishing-resistant authentication using device-bound credentials and risk signals, competing head-to-head with Veridium for enterprise Zero Trust workforce authentication deals.

Emerging players

• 1Kosmos: 1Kosmos provides passwordless authentication with verifiable credentials and identity proofing for workforce and customer use cases, representing an emerging specialist competitor in the same biometric passwordless category as Veridium.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/veridium
• Xx.com/veridiumid
• Facebookfacebook.com/veridiumid

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veridium