authID®
Long Beach, United States · Administrative Services, Cyber Security, Information Technology
authID (Nasdaq: AUID) ensures cyber-savvy enterprises “Know Who’s Behind the Device” for every customer or employee login and transaction. Through its easy-to-integrate, patented, biometric identity platform, authID quickly and accurately verifies a user’s identity, eliminating any assumption of ‘who’ is behind a device and preventing cybercriminals from taking over accounts. authID combines digit
Key facts
- Headquarters
- Long Beach, United States
- Employees
- Unknown
- Industries
- Administrative Services, Cyber Security, Information Technology
- Status
- Public (AUID)
- Website
- authid.ai
- Company page
Recent activity at authID®
- : SEC 8-K (1.01): On October 5, 2026, authID Inc. entered into a Securities Purchase Agreement with four accredited investors for a total amount of $1,350,000. This agreement involves the issuance of senior secured convertible debentures and warrants to purchase up to 1,800,000 shares of common stock at an exercise price of $0.50 per share. The debentures were sold at their principal amount with no original issue discount, indicating a straightforward funding arrangement to enhance the company's capital structure. The strategic implications of this agreement may include the potential increase in shareholder equity and funding to support business operations or growth initiatives.
- : authID secures a significant engagement with a multi-national manufacturing automation company to enhance workforce security. The implementation will utilize authID's biometric identity verification for employee and contractor protection.
- : SEC 8-K (8.01): On August 18, 2026, authID Inc. received a deficiency notice from NASDAQ regarding non-compliance with Listing Rule 5550(b)(1), which mandates that companies maintain stockholders' equity of at least $2,500,000. authID reported stockholders' equity of $2,042,515 in its most recent quarterly report, falling short of this requirement. The notice indicates that the company is not meeting the alternatives set forth in Nasdaq Listing Rules concerning market value or net income, which could have significant implications for its status as a publicly listed entity. The company will need to take corrective measures to regain compliance and maintain its listing status.
- : authID
- : SEC 8-K (5.02): On May 5, 2026, Shrikrishna Venkataraman resigned from authID Inc.'s Board of Directors and all related committees, effective immediately, due to personal reasons and commitments. His resignation was not due to any disagreements with the Company or its management. Following this, on May 11, 2026, Kunal Mehta was appointed as a member of the Audit Committee to fill the vacancy left by Mr. Venkataraman's departure. This change reflects the Company's ongoing management strategy and continuity in governance.
- : authID Forms Partnership with TurboCheck to Enhance Hiring Security Against Fraud.
- : SEC 8-K (1.01): On November 21, 2025, authID Inc. entered into a Material Definitive Agreement by signing a securities purchase agreement with accredited investors. The agreement involves the issuance and sale of an aggregate of 1,626,441 shares of common stock at a per share price of $1.35, and a price of $1.71 for certain purchasers such as directors and officers. Additionally, investors have the option to buy pre-funded warrants for purchasing 1,062,306 shares at a price of $1.3499, reflecting a strategic move to raise capital while offering flexible investment options to certain accredited investors. This financing arrangement is significant as it may enhance the company’s liquidity and facilitate growth initiatives.
- : authID partners with Berify to implement biometric technologies for user onboarding and authentication in Asia Pacific
- : authID Appoints Erick Soto as Chief Product Officer
- : authID Announces Ed Sellitto as Incoming Chief Financial
authID® funding history
| Date | Round | Amount |
|---|---|---|
| May 2026 | Seed | $4.2M |
| Jun 2023 | Seed | $4.1M |
| Jun 2023 | Venture | $9.0M |
| Mar 2023 | Funding Round | Undisclosed |
| Apr 2022 | Venture | $13.4M |
Leadership
- Phillip Kumnick, Executive Officer, Director
- Thomas Szoke, Executive Officer, Director
- Theodore Stern, Director
- Herbert Selzer, Director
- Philip Broenniman, Executive Officer, Director
- Philip Kumnick, Director
- Herbert Selzer, Director
- Theodore Stern, Director
- Thomas Szoke, Executive Officer, Director
- Philip Beck, Executive Officer, Director
- Phillip Kumnick, Director
- Ricky Solomon, Director
Verified email and direct lines for authID®’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
authID® in the news
- authID Announces $2 Million Agreement with the EinStrong Foundation - GlobeNewswire (Oct 06, 2026)
- authID Reports Second Quarter 2026 Financial Results and Announces Evaluation of Strategic and Financing Alternatives - Yahoo Finance (Aug 14, 2026)
- authID will protect tens of thousands of employees without storing biometric templates - Stock Titan (Aug 31, 2026)
- authID Announces Pricing of Up To $1,350,000 Private Placement Offering - GlobeNewswire (Oct 05, 2026)
- authID Selected by Global Industrial Automation Leader to Secure Microsoft Entra ID and ServiceNow with Biometric Identity Verification - Quiver Quantitative (Aug 31, 2026)
- authID looks to raise $4M in private placement as challenging transition continues - Biometric Update (May 01, 2026)
- authID joins Microsoft’s identity verification ecosystem, reaching enterprise buyers - Stock Titan (Jul 02, 2026)
- authID Announces 2026 Annual Shareholder Meeting Results - Yahoo Finance (Jul 06, 2026)
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About authID®: questions and answers
What does authID® do?
authID (Nasdaq: AUID) ensures cyber-savvy enterprises “Know Who’s Behind the Device” for every customer or employee login and transaction. Through its easy-to-integrate, patented, biometric identity platform, authID quickly and accurately verifies a user’s identity, eliminating any assumption of ‘who’ is behind a device and preventing cybercriminals from taking over accounts. authID combines digit
Where is authID® headquartered?
authID® is headquartered in Long Beach, United States.
Has authID® raised funding?
Yes. Fundz has recorded 5 funding events for authID®. The most recent, Seed of $4.2M, was in May 2026.
What is the latest news on authID®?
On Oct 05, 2026, SEC 8-K (1.01): On October 5, 2026, authID Inc. entered into a Securities Purchase Agreement with four accredited investors for a total amount of $1,350,000. This agreement involves the issuance of senior secured convertible debentures and warrants to purchase up to 1,800,000 shares of common stock
Is authID® a public company?
Yes. authID® is publicly traded under the ticker AUID.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy