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Axiad

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Delivers an agile, user-centric identity platform that is trusted across leading enterprise, government, healthcare, and financial organizations

San Jose, United StatesFounded 2010Cybersecurity
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Axiad

Axiad is an identity security company that provides a comprehensive authentication platform for enterprise, public sector, and financial organizations. The company was founded in 2010 by Bassam Al-Khalidi and Yves Audebert, experts in encryption and authentication who were instrumental in developing PIV and CAC cards for secure government networks. Initially bootstrapped and cash-flow positive for over a decade, Axiad secured its first external funding in 2021 with a $20 million investment from Invictus Growth Partners, followed by another $25 million round from the same investor in July 2024, bringing its total funding to $45 million.

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Axiad's business model transitioned from a systems integrator providing highly tailored solutions to a product-based SaaS vendor focused on sales volume. The company's core offering is the Axiad Cloud, an integrated platform designed to manage the entire lifecycle of various credentials and orchestrate passwordless authentication across complex IT environments, including cloud, on-premise, and hybrid systems. Its product suite includes Axiad Conductor for credential lifecycle management, Axiad Confirm for automated identity verification, and Axiad Mesh for surfacing identity risks. The platform supports a wide range of authenticators like FIDO passkeys, mobile MFA, PKI, YubiKeys, smart cards, and biometrics, integrating with existing Identity and Access Management (IAM) infrastructures to enhance security without requiring a complete system overhaul.

The company serves clients across various sectors, including federal agencies, financial services, healthcare, energy, and insurance. By providing phishing-resistant multi-factor authentication (MFA) and certificate-based authentication, Axiad helps organizations strengthen their cybersecurity posture, meet compliance requirements like FedRAMP and HIPAA, and reduce risks associated with compromised credentials, which are responsible for a majority of enterprise breaches. Its solutions aim to reduce the burden on IT departments through user self-service features and automation.

Source: Dealroom company data

At a glance

Founded
2010
Headquarters
San Jose, United States
Sector
Cybersecurity

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Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Invictus Growth Partners
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States74.4%
🇨🇦 Canada13.9%
🇮🇳 India11.6%
3 countries shown

Market sentiment

Posts on X, past 7 days

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Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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