1Kosmos Company Research Report



Company Overview



  • Name: 1Kosmos


  • Mission: To provide individuals with a secure digital identity that offers control over their credentials, enabling service providers to use it with consent to fight identity fraud.


  • Founded: No information is available on the founding year.


  • Founders:

  • Hemen Vimadalal, CEO and Founder

  • Rohan Pinto, CTO and Co-founder

  • Mike Engle, CSO and Co-founder

  • Huzefa Olia, COO and Co-founder


  • Key People:

  • Hemen Vimadalal (CEO)

  • Rohan Pinto (CTO)

  • Mike Engle (CSO)

  • Huzefa Olia (COO)

  • Jens Hinrichsen (SVP, North American Sales)

  • Michael Cichon (CMO)

  • Siddharth Gandhi (COO, APAC)


  • Headquarters: 1 Tower Center Blvd, Suite-1510-17, East Brunswick, NJ 08816


  • Number of Employees: No information is available.


  • Revenue: No information is available.


  • Known For: 1Kosmos is known for its solution BlockID which combines indisputable digital identity proofing with advanced biometrics and passwordless authentication. It secures user data encrypted in a private, permissioned blockchain.


Products



  • BlockID Verify

  • Description: A solution for verifying digital identities.

  • Key Features: Protects digital transactions by storing user data encrypted. Compliance with international standards and certifications including GDPR, FIDO2, and others.


  • BlockID Workforce

  • Description: Offers passwordless access for workers.

  • Key Features: Provides passwordless and secure access for employees, enabling a frictionless user experience.


  • BlockID Customer

  • Description: Enhances customer onboarding with passwordless authentication.

  • Key Features: Simplifies login processes for customers while protecting against account takeovers and fraud.


Recent Developments



  • New Products/Features:

  • Introduction of BlockID 1Key, which extends passwordless MFA to restricted environments where mobile devices are not accessible.

  • Recent strategic investment from Gula Tech Adventures to expand digital identity solutions.


  • Partnerships:

  • Recently formed a partnership with Carahsoft, awarded a $194.5 million contract under the Login.gov Next Generation Identity Proofing BPA.


  • Industry Recognition:

  • 1Kosmos was named an 'Overall Leader in Passwordless Authentication for Consumers' in the Leadership Compass Report by KuppingerCole.

  • Awarded 'Best Non-phishable Passwordless MFA' in the 2023 'ASTORS' Homeland Security Awards.


  • Other Developments:

  • Expansion into government market with a new Credential Service Provider offering.

  • 1Kosmos mentioned as a sample vendor in five 2024 Gartner Hype Cycle reports.


This report summarizes the available data for 1Kosmos, emphasizing their identity-proofing, passwordless authentication products, and strategic market movements.