What is Oloid?
OLOID is a B2B SaaS platform designed for advanced physical identity and access management across all workplace environments, emphasizing a mobile-first approach. The platform facilitates secure and privacy-conscious authentication through a unified identity framework, connecting and managing workplace identity and access seamlessly. This innovative solution addresses the growing need for robust security and streamlined access control in modern work settings, aiming to enhance both operational efficiency and user experience.
How much funding has Oloid raised?
Oloid has raised a total of $23.1M across 4 funding rounds:
Angel/Seed
$5M
Debt
$112K
Series A
$12M
Series A
$6M
Angel/Seed (2020): $5M with participation from Unusual Ventures and Emergent Ventures
Debt (2021): $112K led by PPP
Series A (2022): $12M supported by Dell Technologies Capital, Okta, and Honeywell
Series A (2024): $6M featuring George Kaiser Family Foundation, Yaletown Partners, and Exposition Ventures
Key Investors in Oloid
George Kaiser Family Foundation
George Kaiser Family Foundation is a charitable organization focused on early childhood education and community enhancement, suggesting a potential interest in long-term societal impact investments.
Yaletown Partners
Yaletown Partners specializes in technology investments that drive transformative growth, particularly in emerging companies, indicating a strategic focus on scaling innovative businesses.
Exposition Ventures
Exposition Ventures focuses on integrating social layers into businesses to enhance engagement, suggesting an interest in platforms that foster community and improve client interaction.
What's next for Oloid?
The recent major strategic investment signals a pivotal growth phase for Oloid, likely enabling the company to accelerate product development, expand its market reach, and enhance its B2B SaaS offerings. With a focus on advanced physical identity and access management, Oloid is well-positioned to capitalize on the increasing demand for secure, privacy-forward authentication solutions in enterprise environments. Future developments may include further integration of AI for enhanced security analytics and broader adoption of its mobile-first authentication framework across diverse industries.
See full Oloid company page
