Stytch, an API-first passwordless authentication platform, has raised $30M in a Series A funding round. The round drew participation from Thrive Capital, Benchmark, Index Ventures, and Coatue Management.

HOW’S THE COMPANY PERFORMING?

  • California-based Stytch builds tools and infrastructure for developers to incorporate passwordless authentication procedures into applications.
  • Around 350 companies use Stytch’s platform to add passwordless features such as email magic links, messaging and WhatsApp passcodes, and one-click user invites into their login authentication flows.

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The post This Thrive Capital-Backed Startup Raised $30M To Scale Its Passwordless Authentication Platform appeared first on CB Insights Research.

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