Passwordless ID firm 1Kosmos bags $57m funding

1Kosmos

1Kosmos, a leader in unifying identity proofing and passwordless authentication, has secured $57m in Series B funding to drive market expansion and product innovation.

The round was led by Forgepoint Capital and Origami’s Oquirrh Ventures, with participation from Craig Abod, founder and president of Carahsoft, NextEra Energy Ventures, Gula Tech Adventures, and the 1Kosmos management team. The funding also includes a $10m line of credit from Bridge Bank.

The New Jersey-based company specialises in preventing identity fraud through live biometrics, verified identity, and phishing-resistant, passwordless authentication. Its technology addresses growing concerns over impersonation-based attacks, which often exploit IT service desk account recovery processes.

Proceeds from the investment will be used to advance product innovation, accelerate global expansion across North America, EMEA, and APAC, and strengthen technology integrations with leading IAM, CIAM, PAM, and zero trust platforms. The company aims to scale both direct and channel sales to meet increasing enterprise demand for identity-first security.

1Kosmos has also achieved several notable milestones. It recently became the only full-service Kantara-certified credential service provider to gain FedRAMP High authorisation, allowing it to handle the US government’s most security-sensitive workloads. In partnership with Carahsoft, the company secured a 10-year, $194.5m blanket purchase agreement to deliver next-generation identity proofing for Login.gov, the federal authentication service used by multiple agencies.

1Kosmos CEO Hemen Vimadalal said, “Identity has become the first step in the kill chain. This investment allows us to strengthen the proactive controls organizations need to prevent impersonation-based attacks—whether it’s a sophisticated hacking group or a state-sponsored developer hiding in plain sight. 1Kosmos identity verification is the only practical solution that can be quickly deployed in a matter of hours to effectively combat this threat.”

Forgepoint Capital managing director Ernie Bio said, “The mission at 1Kosmos since its inception has stayed remarkably focused on providing individuals with a secure digital identity, one they control and use to prevent identity fraud when accessing digital services. As the largest investor in the company, we are proud of their track record of innovation and delighted to see their accelerating growth.”

Oquirrh Ventures founder and general partner Ron Heinz said, “We invested in 1Kosmos because they’ve built a rare combination: a defensible platform, strong commercial traction, and proven scalability. Enterprises can consolidate fragmented onboarding, identity verification, and authentication workflows into a single platform that cuts fraud, reduces operational overhead, delivers a modern user experience, and accelerates time-to-value.”

NextEra Energy Investments managing partner Jay Emmanual said, “Stopping AI-powered impersonation attacks is now a boardroom concern. 1Kosmos is delivering a practical, scalable solution. They’ve created a business-aligned identity layer that replaces passwords and fragmented tools with secure, verified access for every user—whether employee, customer, or contractor.”

Carahsoft founder and president Craig Abod said, “With all the attention on business efficiency in both the public and private sectors, knowing who is on your network is an impactful way to gain efficiency quickly. 1Kosmos deterministically proves identity. There’s no guessing or predicting involved. This saves time and drastically simplifies identity and access management.”

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