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Keyo

Palm biometric identity platform for authentication

Overview

Keyo provides an enterprise biometric identity platform that enables contactless authentication for payments, building access, and ticketing by scanning the palm. Its dual-modal biometrics combines surface palm print and palm vein patterns captured by the Keyo Wave scanner using RGB and near-infrared imaging to create a secure digital identity, with raw biometric data never stored. It differentiates itself through two-factor palm biometrics, privacy-by-design principles, and tight hardware-software integration across industries like retail, healthcare, banking, and entertainment. Its goal is to scale privacy-preserving, seamless identity verification and payments globally through hardware plus SaaS licenses.

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About Keyo

Simplify's Rating
Why Keyo is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

HardwareEnterprise SoftwareFintechCybersecurity

Company Size

11-50

Company Stage

Early VC

Total Funding

$7.6M

Headquarters

Chicago, IL

Founded

2017

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Simplify's take

What believers are saying

  • Keyo.com updated October 26, 2026 shows active product commercialization and pricing.
  • Rudy Dajie became CEO on August 26, 2025, sharpening enterprise execution.
  • Mashgin's partnership validates Keyo for retail self-checkout and contactless payment use cases.

What critics are saying

  • Caplight lists last funding at November 10, 2022 and $7 million total.
  • Keyo's hardware plus integrations face adoption friction against phones, cards, and existing readers.
  • If payments partnerships stall, Keyo becomes a niche access-control vendor and loses category relevance.

What makes Keyo unique

  • Wave+ combines RGB and infrared palm print plus vein authentication.
  • Keyo sells both hardware and SaaS subscriptions for enterprise identity workflows.
  • Updated 2026 site emphasizes privacy: no raw biometric images are stored.

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Funding

Total Funding

$7.6M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Company News

V3 Media
Aug 29th, 2025
Keyo Names Rudy Dajie Chief Executive Officer to Accelerate Fraud-Resilient, Palm-Powered Payments & Identity.

, /PRNewswire/ - Keyo, a leader in palm-based identity for payments, check-in, ticketing, and ID, today announced the appointment of Rudy Dajie as Chief Executive Officer, effective August 26, 2025.

PR Newswire
Apr 23rd, 2024
Keyo Hires Redrock Biometrics Ceo Sergei Badeka As Vp, Business Development

Badeka will join the biometric identity company to grow new & existing partnerships with enterprise customersSAN FRANCISCO, April 23, 2024 /PRNewswire/ -- Keyo , the privacy-focused biometric identity company, today announced that it hired Sergei Badeka as VP, Business Development. In this role, Badeka will drive the adoption and expansion of Keyo's current and future partnerships with large enterprise customers across industries including in-store payments, ticketing, access control, time and attendance, and more."Keyo's vertically integrated hardware and software ecosystem has grown to power enterprises ranging from hospitals and banks to manufacturers and transportation companies," said Jaxon Klein, CEO, Keyo. "Sergei brings not only sales acumen but first-hand experience building and implementing palm biometric solutions and I am confident he'll help us massively accelerate the partnerships and growth we've been experiencing this year. We are thrilled to welcome him to the team!"In his prior role as CEO of Redrock Biometrics, Badeka pioneered the use of palm biometric technology for everything from checkout at convenience stores to enterprise solutions such as time and attendance. Prior to that, Badeka led a sales team for a subsidiary of Textron, Inc.."Keyo's approach of empowering customers to easily build biometric authentication into their products and services is completely unique within the biometric industry," said Sergei Badeka, VP, Business Development at Keyo. "I'm thrilled to join such an innovative team at such a critical time to help them accelerate the impressive growth trajectory they have created."Founded in 2015, Keyo's mission is to provide the convenience of biometrics without compromising consumer privacy

Automation & Self-Service
Jan 17th, 2024
Mashgin partners with Keyo for biometric ID for self checkout

Mashgin, a provider of a touchless self-checkout system, has partnered with Keyo and its global biometric identity network for retail self checkout, according to a press release.

Seamless Xtra
Jul 20th, 2023
Keyo launches palm vein scanner for contactless payments

Keyo launches palm vein scanner for contactless payments.

Biometric Update
Jul 19th, 2023
Keyo launches handheld palm vein biometrics scanner into fast-growing market

Keyo launches handheld palm vein biometrics scanner into fast-growing market.

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