1Kosmos, a leader in unifying identity proofing and passwordless authentication, announced it has raised $57 million in Series B funding, including a $10 million line of credit from Bridge Bank—enabling the company to meet the escalating demand for identity-first security from enterprises amid rising impersonation threats.
The round was led by Forgepoint Capital, and Origami’s Oquirrh Ventures with participation by Craig Abod, Founder and President of Carahsoft, NextEra Energy Ventures, Gula Tech Adventures, and the 1Kosmos management team. This brings the company’s total funding to more than $72 million, including a prior $15 million Series A round.
1Kosmos stops threats with live biometrics, verified identity, and phishing-resistant, passwordless authentication—preventing compromise before it starts.
“Identity has become the first step in the kill chain. This investment allows us to strengthen the proactive controls organizations need to prevent impersonation-based attacks—whether it’s a sophisticated hacking group or a state-sponsored developer hiding in plain sight,” said Hemen Vimadalal, CEO of 1Kosmos. “1Kosmos identity verification is the only practical solution that can be quickly deployed in a matter of hours to effectively combat this threat.”
1Kosmos will use the funds to advance product innovation, accelerate global expansion by scaling direct and channel sales across North America, EMEA, and APAC, and deepen technology integrations with leading IAM, CIAM, PAM, and zero trust platforms.
“The mission at 1Kosmos since its inception has stayed remarkably focused on providing individuals with a secure digital identity, one they control and use to prevent identity fraud when accessing digital services,” said Ernie Bio, managing director of Forgepoint Capital. “As the largest investor in the company, we are proud of their track record of innovation and delighted to see their accelerating growth.”
The announcement follows a string of recent company milestones, including 1Kosmos becoming the only full-service Kantara-certified credential service provider to achieve FedRAMP High authorization, certifying its platform for the U.S. government’s most security-sensitive workloads.
1Kosmos enables enterprises to make identity a business enabler, not a security liability, by:
- Unifying identity verification and authentication: A single platform combines ID proofing and passwordless authentication—no passwords, no third-party MFA bolt-ons.
- Providing built-in privacy and data security: Personally identifiable information (PII) is encrypted and stored using a private, permissioned blockchain—eliminating central honeypots and administrative access.
- Advancing identity with AI: 1Kosmos is advancing the future of identity verification and passwordless authentication with the power of AI. Leveraging cutting-edge machine learning and generative AI technologies, the company is enhancing its platform across multiple areas, including Adaptive Authentication, Smarter Identity Verification and Enhanced Analytics & Threat Detection
- Supporting enterprise-grade certifications: The platform is certified to FIDO2, NIST 800-63-3, ISO 27001, SOC II Type 2, PAD Level 2 in accordance with ISO/IEC 30107-1 and ISO/IEC 30107-3, and FedRAMP High, and supporting compliance with global privacy standards.
For more information about this news, visit https://www.1kosmos.com.