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Token Announces $13 Million Series B Funding Round And Appointment Of New Ceo To Disrupt The Authentication Market

PRIVATEJun 29, 2022

Amount Raised

$13 Million

Round Type

Series B

United StatesSoftwarePrivacy And SecurityInvesting

Description

Token, a revolutionary provider of secure, wearable authentication solutions, today announced a $13 million financing round and the appointment of John Gunn as the company’s CEO. Token will use the funds to increase its investment in solution development and generate demand for the company’s breakthrough technology.

Quick answer

Token raised $13 Million in a Series B round, dated June 29, 2022. Token is based in United States.

How much did Token raise?
Token raised $13 Million in a Series B round on June 29, 2022.
What does Token do?
In a world of stolen identities and compromised user credentials, Token is changing the way our customers secure their organizations by providing passwordless, biometric, multifactor authentication.
Where is Token based and how big is it?
Token is based in United States.
Who are the decision-makers at Token?
Fundz holds 1 contact at Token. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Privacy And Security and Investing around the same time

Companies in the same sectors as Token that raised within 45 days of this round, from Fundz verified event records.

  • AppOmni, Inc. raised an undisclosed amount (Corporate Round) on August 9, 2022.
  • Syrup Tech raised $6.3M (Seed) on August 1, 2022.
  • Halborn raised $90M (Series A) on July 20, 2022.
  • Spice AI, Inc. raised $15M on July 15, 2022.
  • SkyPoint Federal Credit Union (SkyPoint) raised $7M (Grant) on July 14, 2022.
  • Hadrian raised $11M (Seed) on June 24, 2022.

Who to call at Token, and when

A new round usually means Token is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Token raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Token, from your own LinkedIn network

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Company Information

Company

Token

Location

United States

About

In a world of stolen identities and compromised user credentials, Token is changing the way our customers secure their organizations by providing passwordless, biometric, multifactor authentication. We deliver the next generation of security that is invulnerable to social engineering, malware, and tampering for organizations where breaches, data loss, and ransomware must be prevented.

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Fundz sees it the moment Token raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Token raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.