Keyo, a San Francisco, CA-based privacy biometric identity company, raised $7M in funding.
Backers included Marc Randolph, the co-founder of Netflix.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Jaxon Klein, Keyo allows customers to verify who they are and access what is theirs with a contactless scan of their hand, to open doors, pay at stores, redeem tickets, and more without needing phones, fobs, cards, or keys. The Keyo Network is powered by patented hardware and software that map and encrypt the unique patterns of the palm, and can scale up to billions of users.
Over 15,000 Keyo devices are already in use around the world, allowing patients to check in for hospital appointments in the US, employees to unlock office doors in Mexico, shoppers to pay for purchases in Rwanda and more.
FinSMEs
11/11/2022