Transmit Security offers a cloud‑native platform that unifies customer identity and access management with AI‑driven fraud detection. The service provides passwordless and adaptive MFA, integrated KYC/AML verification, and real‑time risk scoring through standard APIs and SDKs for digital enterprises.
Funding
$543M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GAFounders
Product
Problem
Enterprises managing digital customer interactions often rely on separate solutions for identity management and fraud detection, resulting in fragmented workflows, increased operational overhead, and higher exposure to credential‑stuffing, account takeover, and compliance risks.
Solution
Transmit Security delivers an enterprise‑grade, single‑pane platform that unifies customer identity and access management (CIAM) with advanced fraud prevention. Its predictive AI engine continuously ingests real‑time behavioral and device signals to infer user intent and surface emerging fraud patterns. The platform provides frictionless authentication—supporting passwordless, MFA, and adaptive risk‑based challenges—while automatically orchestrating user provisioning, consent, and lifecycle policies. Integrated identity verification (document, biometric, and knowledge‑based checks) and a scalable fraud detection engine protect both B2C and B2B channels. All services expose standard APIs and SDKs for seamless integration into web, mobile, and API‑first architectures, enabling consistent security controls across the customer journey.
Target Audience
Primary customers are digital enterprises—such as banks, fintechs, e‑commerce platforms, SaaS providers, and B2B marketplaces—that require secure, seamless customer onboarding and ongoing fraud protection.
Features
- Unified CIAM suite combining authentication, user management, and identity orchestration in a single cloud‑native service
- Predictive AI fraud engine that analyzes multi‑modal signals (behavioral, device, network) for real‑time intent detection and anomaly scoring
- Adaptive authentication workflow with passwordless, MFA, and risk‑based step‑up challenges driven by AI risk scores
- Built‑in identity verification modules (document scanning, facial biometrics, KYC/AML checks) supporting regulatory compliance
- Scalable fraud detection and response APIs that auto‑block suspicious transactions and generate actionable alerts
- Developer‑friendly SDKs and REST/GraphQL APIs with support for OAuth 2.0, OpenID Connect, SCIM, and FHIR standards
- Cloud‑scale architecture with end‑to‑end encryption, role‑based access control, and audit logging for GDPR, CCPA, and industry‑specific regulations