Multifactor
Multifactor is a post-quantum identity platform offering a zero-trust account manager with secure credential sharing, cryptographic authorization, and AI agent access controls, targeting individuals, enterprises, and AI agent developers.
- Company typePrivate
- Founded2025
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What Multifactor does
Multifactor is a post-quantum identity and account management platform founded in 2025 and headquartered in San Francisco, operating as a Delaware Public Benefit Corporation. The company builds on patented cryptographic primitives—MFKDF2 (multi-factor key derivation), MFCHF2 (credential hashing), and MFDPG2 (deterministic password generation)—to deliver a zero-trust account manager that supports password, passkey, and 2FA storage, granular account sharing, cryptographic authorization (Switchboard), durable audit logging (Carbon), and an isolated AI agent (Multi) that can act on stored accounts without ever accessing raw credentials. Checkpoint, built on AWS Nitro Enclaves, enables revocable, non-repudiable sharing of online accounts with both humans and AI agents, positioning the product against traditional password managers (1Password, Bitwarden, LastPass) with claims of stronger security guarantees and a novel agentic use case.
Multifactor firmographics
Firmographics- Name
- Multifactor
- Legal name
- Multifactor, Inc.
- Website
- https://multifactor.com
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Multifactor is a post-quantum identity platform offering a zero-trust account manager with secure credential sharing, cryptographic authorization, and AI agent access controls, targeting individuals, enterprises, and AI agent developers.
- Ownership category
- akta.pro rank
Multifactor industry classification
Industry- Product category
- Identity and Access Management
- NAICS
- Security Systems Services (except Locksmiths) (561621), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Quantum-Safe Network Infrastructure & Migration (PQC-enabled Networking) (HDAGAFAG)
Keywords
Where Multifactor is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Multifactor business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Consumer Free Tier: Unlimited free access for individuals and small groups with unlimited accounts, passwords, and sharing across devices. Serves as the primary acquisition channel for product-led growth.
- Enterprise Subscriptions: Custom enterprise plans offering advanced auditing, compliance features, priority customer support, SLAs, cloud RBAC, and SSO integrations. Sold via direct sales motion with custom pricing.
- Portal API Usage: Pay-per-use pricing for Portal API gateway: first 5M requests free, then $0.85/M requests; custom domains $1/month; premium caching $1.15/M requests. Enterprise tiers for 1B+ requests via sales contact.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for personal use with unlimited features |
| Subscription | Annual | Custom enterprise plans for teams and organizations |
| Usage-based | Pay-as-you-go | API gateway usage-based pricing |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Multifactor product offering
Product offeringCore offering
Multifactor sells a post-quantum security platform that functions as a zero-trust account manager and secure sharing system for online credentials, enabling individuals, teams, and AI agents to store, share, and audit access to passwords, passkeys, and 2FA codes without exposing underlying credentials. The platform combines proprietary cryptographic primitives (MFKDF2, MFCHF2, MFDPG2) with application-layer products including Checkpoint (secure sharing proxy), Switchboard (cryptographic authorization), Portal (API gateway), and Multi (AI assistant), offered via a free consumer tier and custom enterprise plans.
Product overview
Multifactor is a post-quantum security platform built around patented cryptographic technologies for the AI era. The core platform provides unified secure account management with zero-trust architecture. Key technologies include MFKDF2 (Multi-Factor Key Derivation Function v2.0), MFCHF2 (credential hashing), and MFDPG2 (deterministic password generation) which form the cryptographic foundation. Checkpoint enables secure sharing of online accounts via TEE-based proxy, while Switchboard provides graph-based cryptographic authorization. Portal serves as the API gateway entry point, Multi is the AI assistant for account automation, and Carbon provides auditing capabilities. Keypo was acquired to strengthen programmable encryption for AI agent security. The platform is Y Combinator-backed and operates as a Public Benefit Corporation.
Differentiator
Problem solved
Functional benefit
Brands
- Checkpoint: First password manager built for the AI era, enabling secure read-only access to online accounts for humans and AI agents
- Multi
- Portal
- Carbon
- Switchboard
- MFKDF2
- MFCHF2
- MFDPG2
Products and services
- Multifactor App A post-quantum security platform and zero-trust account manager that stores passwords, passkeys, and 2FA codes in a unified vault, enables secure one-click sharing of online accounts with humans and AI agents, and provides detailed event history with cryptographic proof. Available to individual consumers for free and to enterprises via custom plans.
- Checkpoint A secure, programmable proxy built on MFKDF2 that enables revocable, non-repudiable, and fine-grained sharing of any online account resource without exposing underlying credentials, running inside a Trusted Execution Environment (AWS Nitro Enclaves) with MPC support. Targeted at organizations and AI agent developers needing secure account delegation.
- Switchboard A provably secure data authorization management solution that uses Proxy Re-Encryption and graph-based permission modeling to transform software-defined authorization into cryptographically-backed guarantees with instant revocation. Sold to organizations that require cryptographically-enforced access control.
- Portal A serverless, globally-distributed multi-cloud API gateway supporting HTTP/HTTPS, WebSockets, gRPC, GraphQL, REST, and SOAP protocols with intelligent load balancing, caching, rate limiting, and JSON Schema validation. Sold with a usage-based pricing model (first 5M requests free, then $0.85/M; enterprise tiers for 1B+ requests).
- Multi AI Assistant An AI agent that securely accesses user accounts via natural language commands to automate tasks and provide personalized answers, while loading accounts in an isolated cloud browser and requesting permission for any new action. Targeted at consumers and enterprises wanting AI-driven account automation without credential exposure.
- MFKDF2 (Multi-Factor Key Derivation Function v2) An open-source next-generation key derivation function that derives cryptographic keys from multiple authentication factors (passwords, passkeys, HOTP/TOTP, hardware tokens, biometrics) using a flexible, user-defined policy. Available to developers via open-source licensing and documentation portal.
- MFCHF2 (Multi-Factor Credential Hashing Function v2) An open-source credential hashing function that hashes entire authentication policies rather than individual credentials, making brute-force attacks on leaked password hashes 10^6 to 10^48 times more difficult than traditional methods. Available to developers via open-source licensing.
- MFDPG2 (Multi-Factor Deterministic Password Generator v2) An open-source deterministic password generator that produces complex passwords on demand from a multifactor policy, eliminating the need to store passwords locally and significantly reducing breach risk. Available to developers via open-source licensing.
Quantifiable outcome
- Accounts using MFA are 99% less likely to be compromised
- +2 more outcomes
Companies that use Multifactor
Customer profileNamed customers1 record
Segments6 records
Ideal customer profiles4 records
Multifactor technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Multifactor partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ZingolabsminorWorking with Zingolabs to integrate MFKDF2 into their Zingo Zcash wallet as an initial proof of concept for cryptocurrency wallet security using multi-factor key derivation.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Multifactor competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Multifactor social profiles
Digital presenceMultifactor financial estimates
Financial estimateRevenue estimate
Valuation estimate
Multifactor leadership team
Management profileNumber of profiles
Profiles3 records
Multifactor subsidiaries and ownership
Company hierarchySubsidiaries1 record
Multifactor funding detail
Funding detailFunding overview
Funding rounds1 record
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Multifactor M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Multifactor
What does Multifactor do?
Multifactor sells a post-quantum security platform that functions as a zero-trust account manager and secure sharing system for online credentials, enabling individuals, teams, and AI agents to store, share, and audit access to passwords, passkeys, and 2FA codes without exposing underlying credentials. The platform combines proprietary cryptographic primitives (MFKDF2, MFCHF2, MFDPG2) with application-layer products including Checkpoint (secure sharing proxy), Switchboard (cryptographic authorization), Portal (API gateway), and Multi (AI assistant), offered via a free consumer tier and custom enterprise plans.
Is Multifactor a public or private company?
Multifactor is a private company. It is classified as venture growth investor backed and is currently operating.
When was Multifactor founded?
Multifactor was founded in 2025. It employs 1 to 10 people.
Where is Multifactor based?
Multifactor is headquartered in San Francisco, United States, in the North America region.
How does Multifactor make money?
Three revenue lines are on record. Consumer Free Tier is the primary driver. The others are enterprise Subscriptions and portal API Usage.
Does Multifactor have an API?
Yes. Multifactor offers a free KDF Parameter Selection API at kdf.multifactor.com/api/v1/ for providing up-to-date parameter guidance for cryptographic key derivation functions (Argon2, Bcrypt, Scrypt, PBKDF2, Balloon Hashing). Portal serves as the universal entry point to all of Multifactor's backend APIs. The API is free-to-use with endpoints that return JSON parameter configurations. Developer documentation is at kdf.multifactor.com/api/v1.
What industry is Multifactor in?
Multifactor's product category is Identity and Access Management. Its primary akta.pro industry code is HDAGAFAG, Quantum-Safe Network Infrastructure & Migration (PQC-enabled Networking). Its NAICS code is 561621 and its SIC code is 7373.