FinovateSpring 2019 / Biometric Signature ID
Presenter Profile:
How they describe themselves: Biometric Signature ID, based in Dallas has created the world’s only Biometric password – BioSig-ID, no hardware required. The simple change from a typed password to a 4 character drawn password eliminates impostor login and fraud on any device with just a finger/mouse. Company has grown every year, achieving profitability in 4 years and sells into healthcare, financial services enterprise and education. Some awards include, Top 10 MFA provider 2018, Top 10 Fraud Detection solution and White House Award (NSTIC).
How they describe their product/innovation: BSI’s core technology is its gesture biometric authentication technology BioSig-ID™ and requires no hardware or software downloads, authenticating users by capturing their unique movements (gestures) four-character drawn password with their finger/mouse. Just four drawn characters will biometrically identify legitimate users with 99.78% accuracy while stopping imposters who already know the password with 99.97% accuracy.
BioSig-ID is MFA solution deployable at any layer to gate access to any content, device or asset. With accuracy comparable to other biometrics, coupled with the elimination of hardware, BioSig-ID is the future of virtual authentication.
Product distribution strategy: Direct to Business (B2B), licensed
Contacts
Bus. Dev. & Press: Tyler Weiland, VP Sales and Marketing, 888-700-1611
Website: biosig-id.com
LinkedIn: linkedin.com/company/
Twitter: @BioSigID
HQ: Lewisville, TX
Founded: July 2007
Product Demoed: BioSig-ID Gesture biometrics for securing web apps, device lock, secure transaction, contract signing
Metrics: Series A, family and friends funding of $3M, 18 employees, $6M lifetime revenues, 4 years profitability, 14M uses from 95 countries, > 1M users
Presenters: Chad Steen (Chief Technical Architect), Jeff Maynard (CEO & President)
- Key Executives
Jeff Maynard (CEO & Founder), Tyler Weiland (VP Sales & Marketing), Ashton Puffer (Director of Financial Operations), Chad Steen (Chief Technical Architect), Mike McKay (Director of Client Relations), Cindy Maynard (VP Marketing Services)
Key Stats
- Key Advisory & Board Members
Kevin Thornton (Global VP, Sales for ECi Software Solutions), Mr. Doug McGovern (PhD), Mr. Robert Siciliano (TV Security Expert), Mr. Robert L. Robb (MSc VP Technology Commercialization)
- Key Investors
State of Texas, Mohegan Biometrics, Jeff Maynard Founder
- Key Partnerships
Mitek, Forgerock, Ping, Epic Health, Microsoft
- Key Customers
Nationwide Mortgage Licensing System, Alamo College District (San Antonio, TX), Arkansas State U., America College of Education, MD Anderson, Central Texas College, NE Texas College, North Hampton College, Colorado State U., U. of Denver, Eastern Virginia Medical School, Santa Barbara Business College, MA Cannabis Compliance Training Institute, Christ College of Nursing and Health Sciences, U. of the Southwest and over 150 locations