Transmit Security

Transmit Security

Low-code platform for identity management

About Transmit Security

Simplify's Rating
Why Transmit Security is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

201-500

Company Stage

Series A

Total Funding

$583M

Headquarters

Tel Aviv-Yafo, Israel

Founded

2014

Overview

Transmit Security provides a low-code platform for identity and access management (IAM), which helps businesses create and manage secure customer experiences. Their platform allows users, particularly business experts, to design and adjust identity journeys using visual tools, which means they don't need to write extensive code. This makes it easier and cheaper for companies, especially in sectors like finance and healthcare, to protect their digital assets and customer data. Transmit Security stands out from competitors by focusing on reducing fraud and ensuring smooth integration with existing systems. Their goal is to enhance security while improving the user experience, and they operate on a subscription-based model that offers different service levels to meet various business needs.

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Simplify's Take

What believers are saying

  • Growing demand for passwordless authentication enhances security and user experience.
  • Increased adoption of low-code platforms allows faster deployment of identity solutions.
  • Strategic partnerships enhance fraud prevention capabilities and market reach.

What critics are saying

  • Competitors like 1Password and Auth0 rapidly adopt passwordless authentication solutions.
  • New leadership may cause transitional challenges in strategic alliances.
  • Increased competition on AWS Marketplace may affect pricing and customer acquisition.

What makes Transmit Security unique

  • Transmit Security offers a low-code platform for easy identity journey creation.
  • The company is recognized as a leader in CIAM by top analyst firms.
  • Transmit Security's platform supports seamless omni-channel and cross-channel use cases.

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Funding

Total Funding

$583M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$543M
Transmit Security

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Flexible Work Hours

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-1%
Business Wire
Dec 5th, 2024
Transmit Security is Recognized as a Leader in Customer Identity and Access Management by a Leading Analyst Firm

Transmit Security is recognized as a Leader in Customer Identity and Access Management by a leading analyst firm.

CSO Online
Sep 13th, 2024
Aflac's shift to passkeys brings big business benefits

Aflac partnered with Transmit Security, a provider of identity and access management solutions, to deploy advanced authentication options.

Source Security
Apr 25th, 2024
EveryCloud IT Security is proud to announce the advancement of their existing partnership with Transmit Security

EveryCloud IT Security is proud to announce the advancement of its existing partnership with Transmit Security.

Source Security
Mar 21st, 2024
iC Consult announces strategic partnership with Transmit Security to elevate cybersecurity and combat fraud

iC Consult announces strategic partnership with Transmit Security to elevate cybersecurity and combat fraud.

EIN News
Dec 19th, 2023
The Top Passwordless Authentication Software According to the FeaturedCustomers Winter 2023 Customer Success Report

Market Leaders - 1Password, Auth0, Duo Security, Ping Identity, and SecureAuth were given the highest "Market Leader" award.

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Transmit Security is Hiring for 6 Jobs on Simplify!

Find jobs on Simplify and start your career today

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We update Transmit Security's jobs every few hours, so check again soon! Browse all jobs →