Glide Identity, a digital identity security company focused on authentication and verification in the AI era, has raised more than $20m in its Series A funding round.
The round was led by Crosspoint Capital Partners, with participation from Amigos Venture Capital, Singtel Innov8 Ventures, and Sir Ronald Cohen, bringing Glide’s total funding to over $25m.
Based in the United States, Glide Identity is tackling one of the most pressing challenges in digital commerce—securing identity and authentication systems against AI-driven threats. Its platform replaces one-time passwords with SIM-based cryptographic authentication, which cannot be phished, intercepted, or socially engineered. This approach enables users to verify their identity through their mobile network securely, eliminating the need for password entry or text message codes.
The company intends to use the new funding to scale its identity, authentication, and verification platform for what it calls the “AGI era.” Glide aims to build the next-generation infrastructure needed to protect consumers and businesses as AI systems increasingly participate in digital transactions and communications.
Glide’s technology arrives at a critical time, with data from the Federal Trade Commission showing that U.S. consumers lost $12.5bn to scams in 2024, a 25% increase from the previous year. Traditional authentication methods—such as passwords and one-time codes—have become vulnerable as scammers exploit human error through manipulation, impersonation, and AI-powered deception. Glide’s early traction with enterprises and partnerships with telecommunications providers like T-Mobile and Verizon underscores the urgency of its mission.
Crosspoint Capital managing director and former AT&T CTO Andre Fuetsch said, “Glide Identity is solving one of the most persistent and developing challenges in the AI era: authentication and verifying digital identity. Glide is achieving significant traction with enterprise customers as almost every industry is grappling with fraud prevention and growing AI-based threats. This growth demonstrates the urgency of the problem the company is solving and the sophistication of its solutions.”
Glide Identity founder and CEO Eran Haggiag said, “As we approach AGI, securing human identity becomes the most critical challenge of our time — and the window to solve it is closing fast. We’re fortunate to have partners and investors who understand both the urgency and the scale of what we’re building. This isn’t a problem one company can solve alone. It requires global collaboration at an unprecedented scale across telcos, big techs, financial institutions and regulators. We’re working with the leading companies in each category because that’s the only way to upgrade humanity’s identity infrastructure before AI-powered fraud outpaces our defences.”
The company’s investors bring extensive expertise in cybersecurity and telecommunications. Crosspoint Capital’s network of CISOs and enterprise security leaders is expected to support Glide’s market expansion, while Amigos Venture Capital general partner Mattias Rejman described the firm as creating “essential infrastructure for the future of telecommunications as AI agents conduct more transactions on behalf of consumers.”
Glide Identity will host a panel on “Agentic Authentication” at Authenticate 2025 on 14 October. Its collaboration with partners including T-Mobile, Verizon, Google Cloud, and Fidelity International Strategic Ventures reflects its growing influence in shaping secure digital identity ecosystems.
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