Glide Identity, a digital identity security company focused on next-generation authentication, has raised over $20m in a 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. The funding brings Glide’s total capital raised to more than $25m as it aims to develop identity and authentication technology fit for the Artificial General Intelligence (AGI) era.
Based in the United States, Glide Identity is tackling one of the biggest vulnerabilities in digital commerce — weak and easily compromised authentication systems. The company replaces traditional one-time passwords with SIM-based cryptographic authentication that cannot be phished or intercepted. Users can verify their identities directly through their mobile carrier’s network, removing the need to type codes or answer security questions.
Glide plans to use the funds to further build its AI-safe, agent-ready identity platform, designed to protect consumers and businesses from rapidly evolving cyber threats, including AI-generated fraud and impersonation. The company is working with global telecoms providers, cloud platforms, and technology partners such as T-Mobile, Verizon, and Google Cloud to deliver secure, user-friendly authentication solutions on a global scale.
Recent data highlights the scale of the problem Glide aims to address. In 2024, U.S. consumers lost $12.5bn to scams, a 25% rise from the previous year. Meanwhile, weak passwords and complex verification processes continue to fuel account breaches and abandoned online purchases. Glide’s approach aims to eliminate these frictions while strengthening security.
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.”
Amigos Venture Capital co-founder and general partner Mattias Rejman said, “Glide Identity represents the future of how telecommunications capabilities will power next-generation applications. By aggregating digital security solutions into seamless authentication experiences, they’re creating essential infrastructure for the future of telecommunications as AI agents conduct more transactions on behalf of consumers. This is precisely the type of telco-native innovation we seek in our investment strategy.”
Fidelity International Strategic Ventures (FISV) principal and Glide board member Erik Wiesner-Mostenicky said, “We are excited about Glide’s pace of progress and ability to bring together leading players across industries to solve emerging issues with the rise of AI and fraud. Increasing the security of the AI era is a core pillar of future growth.”
To learn more, Glide Identity will host a panel on “Agentic Authentication” at Authenticate 2025 on 14 October.
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