Funding record · 2025 / 12
Multifactor raises $15M Seed for IAM
Announced 4 December 2025 · Recorded 8 September 2026 · Last verified 8 September 2026
Multifactor, an IAM company based in San Francisco, United States, raised $15M in a Seed announced on 4 December 2025, led by Nexus Venture Partners, Flex Capital and Honeystone Ventures with 5 others. Its disclosed equity funding is now $15M across 1 round.
- Amount
- $15M
- Round
- Seed
- Announced
- 4 December 2025
- Lead investors
- Nexus Venture Partners, Flex Capital, Honeystone Ventures, Liquid 2 Ventures, Pioneer Fund, Ritual Capital, Taurus Ventures, Y Combinator
- Sources on record
- 1prnewswire.com
From the source
YC Startup Multifactor Launches the First Password Manager Built for the AI Era
Multifactor, a Y Combinator Fall 2025 startup founded by a former CIA agent and a former NASA scientist, announced the launch of a password manager built for the AI era with zero-trust security for AI agents, featuring read-only link capabilities.
prnewswire.com · 12 November 2025 ↗The Mandos read
What the record says about Multifactor
- Exit Readiness: Lowlocked →
Tested against 751 past exits in the Mandos record: 43% sat in Watch or Elevated 2 years before. Companies in Elevated exited at 3.1× the record's rate.
- Buyers most often compare Multifactor with 1Passwordlocked →
the full set in the platform
Funding history
Multifactor funding on record
Multifactor has raised $15M in priced equity. Its most recent round was a Seed in December 2025.
Latest round on record: Seed, Dec 2025.
Multifactor funding on the profile →Related rounds
Other verified cybersecurity rounds
Also in Dec 2025
Most recent five, same month
In the platform
The round is the fact. The read is the product.
Every round, investor and correction for Multifactor, the competitors buyers weigh it against, hiring by department, and an alert when the next thing happens.
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FAQ
Questions people ask
- How much did Multifactor raise in its Seed?
- Multifactor raised $15M in a Seed announced on 4 December 2025.
- Who invested in Multifactor's Seed?
- The round was led by Nexus Venture Partners, Flex Capital, Honeystone Ventures, Liquid 2 Ventures, Pioneer Fund, Ritual Capital, Taurus Ventures, Y Combinator.
- What does Multifactor do?
- Multifactor is a cybersecurity company specializing in IAM, founded in 2025 and headquartered in San Francisco, United States.
