Last updated 2026-08-21
- Raised $543M Series A led by Insight Partners, Jun 2021
- Raised $40M Seed round led by Mickey Boodaei, Jan 2017
Total raised
$583.0M
Last: A Round 2021-06
Stage
Series A
Founded
2014
Headcount
317
HQ
Boston, United States
Sector
Cybersecurity
About
Transmit Security is a private cybersecurity and identity and access management company, co-founded in 2014 by Mickey Boodaei and Rakesh Loonkar. Headquartered in Boston, Massachusetts, with significant R&D operations in Tel Aviv, Israel, the company provides modern, innovative solutions for secure and trusted end-to-end digital identity journeys. Its platform, including BindID and FlexID, unifies identity management, authentication, and verification, offering passwordless authentication, adaptive security, and AI-driven fraud detection. Transmit Security is recognized for introducing Identity Orchestration™ and creating the industry's first app-less biometric authenticator. The company serves large enterprises, including banks, insurers, and retailers, helping them enhance customer experiences, reduce operational complexity, and protect against evolving identity threats in the age of AI. Transmit Security is also a FIDO Alliance Board member.
Funding history · 2 rounds · $583.0M total
2 events/rounds · $583.0M Total Funding: $583.0M in Private Equity
Jun 2021
★ Insight Partners★ General AtlanticVintageGeodesicCyberstartsSYN VenturesCiti VenturesGoldman SachsArtisanal VenturesGoldman Sachs Asset Management
Jan 2017
Headcount over time
317 employees (2026-09) · 1 point
Offices
Boston, United States · HQ / main office
Q&A
- What is Transmit Security's primary business?
- Transmit Security provides a Customer Identity and Access Management and fraud prevention platform, offering solutions for secure digital identity journeys, passwordless authentication, adaptive security, and AI-driven fraud detection.
- When was Transmit Security founded and by whom?
- Transmit Security was co-founded in July 2014 by Mickey Boodaei and Rakesh Loonkar.
- How much funding has Transmit Security raised to date?
- Transmit Security has raised a total of $543,000,000 USD.
- Which investors participated in Transmit Security's Series A funding round?
- Transmit Security's Series A funding round in June 2021 included investments from Insight Partners.
- What is the employee count for Transmit Security?
- Transmit Security has 201–500 employees.
- Where is Transmit Security headquartered, and where are its significant R&D operations located?
- Transmit Security is headquartered in Boston, Massachusetts, United States, with significant R&D operations in Tel Aviv, Israel.
- What are some of the key technologies offered by Transmit Security?
- Transmit Security offers technologies such as Platforms & Interfaces, Sensing, Biometrics, AI, Identity Orchestration, and Passwordless Authentication.
- Which customer segments does Transmit Security target?
- Transmit Security targets customers in Financial Services, Food Retail & Consumption, Commerce & Retail, Travel & Tourism, Communication Services, Healthcare & Life Sciences, Enterprise & Professional Services, Enterprises, and Transportation & Logistics.
Team · 13
Mickey Boodaei
Founder · CEO & Co-Founder
Rakesh Loonkar
Founder · President & Co-Founder
Kiran Judge
Chief Legal Officer
Mirit Barak
Chief Financial Officer
Danny Kadyshevitch
Vice President, Product
Ashley Arbuckle
Chief Customer Officer
Eldan Ben-Haim
Senior Vice President, R&D
David Mahdi
Chief Identity Officer
Nitin Narang
Vice President, Customer Experience
David French
Vice President, Sales
Richard Metcalfe
Vice President, Sales – APJ
David Navarro
Vice President, Sales – LATAM
Tim Woolford
Vice President, Product Marketing
Sectors & technology
Primary sector
Cybersecurity
Technologies
Target customers
Highlights
Patents
Tags
biometricscross-platformcyber-securityorchestrationunicorn-2021enterprisesauthenticationretailersfinancial-institutionsmulti-factor-authenticationbanksanti-fraudidentity-verificationiamuser-experienceinsurance-companieshealthcare-providersretailsecurityaifraud-preventionpasswordless-authenticationidentity-orchestrationciamsoftwarefido-alliance
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | transmitsecurity.com |
|---|---|
| linkedin.com/company/10469264 | |
| X / Twitter | twitter.com/TransmitSec |
Identifiers & details
| Legal name | Transmit Security Ltd. |
|---|---|
| Founded | 2014-7 |
| Employees (exact) | 317 |
Radar intelligence
Patents
| EPO | 5 |
|---|
GitHub
| Top repos | ciam-expressjs-vanilla-samples, authentication-ios-sdk, workshop-latam, bindid-react-native, bindid-swiftui-example |
|---|
App Store
| App | Rating | Ratings |
|---|---|---|
| Transmit QuickStart | 3 | |
| Transmit Authenticator | 4.33333 | |
| Workforce Authenticator |
Web history (Wayback)
| Domain | transmitsecurity.com |
|---|
Certificate / subdomain footprint
| Subdomains | 47 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514950906 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2013-07-25 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 1 |
| Registry events | 3 — shares_capital (1), charge (1), annual_report (1) |
| Registered address | אלון יגאל 94 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-06-30 | העברת מניות |
| 2026-03-09 | רישום שעבוד |
| 2026-05-03 | דו~ח שנתי |