Glide Identity Raises $20 Million
Glide Identity has secured more than $20 million in Series A funding led by Crosspoint Capital Partners, joined by Amigos Venture Capital, Singtel Innov8 Ventures, and Sir Ronald Cohen.
The funding brings Glide’s total raised to over $25 million as the company pushes to reinvent how identity and authentication work in an era increasingly shaped by artificial intelligence.
The startup’s technology replaces one-time passwords with SIM-based cryptographic authentication that operates through mobile networks.
Instead of typing codes or answering security questions, users verify themselves via secure carrier signals, removing the human element that scammers have long exploited.
That’s a pressing issue:
U.S. consumers lost $12.5 billion to scams in 2024, up 25% from the year before, according to the Federal Trade Commission. Weak passwords and clunky login systems have also contributed to massive online losses, with nearly 70% of digital shopping carts abandoned due to friction in checkout or trust issues.
Andre Fuetsch, managing director of Crosspoint Capital and former CTO of AT&T, highlighted the significance of the announcement by saying:
“Glide Identity is solving one of the most persistent and developing challenges in the AI era: authentication and verifying digital identity,”
AI has made traditional security obsolete. Voice cloning, deepfakes, and generative text attacks have rendered passwords and SMS codes unreliable.
Glide’s approach aims to eliminate those vulnerabilities before they spiral further as AI agents begin making purchases and managing accounts autonomously.
Founded by Eran Haggiag, Glide Identity is positioning itself as the backbone for AGI-ready digital identity.
The company partners with telecom giants like T-Mobile and Verizon and works with Google Cloud to deliver its cryptographically secure system across enterprise and consumer applications.
The company’s next public appearance is scheduled for Oct. 14 at Authenticate 2025, where it will host a panel on “Agentic Authentication.” As AI adoption accelerates, Glide’s investors see its technology as a key piece of infrastructure for the coming decade of digital security.
