Funding Round attributes
Oloid, a company specializing in workplace identity and access management solutions, has announced that it secured $6 million in a Series A1 funding round. This recent funding is part of the company’s ongoing expansion efforts, further accelerating its growth in delivering identity solutions designed to enhance workplace security and efficiency. The financing round was led by primary investors, including Unusual Ventures and Emergent Ventures.
Oloid’s platform focuses on delivering identity solutions that integrate with various workplace systems, ensuring seamless access for employees across multiple industries. One of the company's key innovations includes mobile access solutions that do not require hardware tokens or traditional ID cards. By leveraging mobile devices, Oloid aims to streamline authentication processes, improving security and convenience in a wide range of work environments.
