Futurae Technologies AG

Futurae Technologies AG, based in Switzerland, specializes in AI-driven authentication solutions that enhance security and prevent fraud across various sectors. Founded in 2016 in Zurich, Switzerland, Futurae Technologies AG offers a user-centric authentication platform. The company, co-founded by Francisco Tavares, Nikolaos Karapanos, and Sandra Tobler, has successfully raised CHF 5 million in funding, led by Euroclear SA/NV in April 2021, marking three total deals. Philippe Cayrol serves as the CEO.

Futurae Technologies AG specializes in providing an AI-based, user-centric authentication and fraud prevention platform designed to meet the stringent requirements of various regulatory frameworks. Their core product offerings include multiple authentication methods such as passwordless authentication, multi-factor authentication (MFA), and adaptive authentication solutions. These offerings are integrated through platforms that accommodate diverse user needs across sectors such as banking, fintech, insurance, payments, and retail. Futurae's solutions are tailored for clients that require enhanced security measures, helping organizations reduce fraud and support costs while ensuring a streamlined user experience.

The company serves a global client base, with successful logins reported from over 150 countries, indicating wide geographical reach and applicability of its services. Futurae's revenue is generated primarily through a subscription-based model, where clients, including financial institutions and enterprises, pay for access to its suite of authentication solutions and services. The revenue structure includes various pricing plans tailored for different client needs, encompassing both enterprise-level contracts and smaller-scale integrations for startups and smaller organizations. Futurae's flagship products, including the Futurae App and the Access App, are provided under specific subscription tiers that align with the varying operational scales of their clients.

These clients benefit from ongoing support and updates as part of their subscription, fostering long-term relationships and continuous revenue streams for the company. In April 2021, Futurae Technologies AG raised CHF 5 million in venture funding led by Euroclear Group, with participation from returning investors EquityPitcher, Euroclear Group, and Zürcher Kantonalbank, among others. The funding will be utilized to expand the team and support two key areas: accelerating international expansion and developing its managed authentication platform. Specific markets targeted for expansion have not been disclosed, but the company is focused on leveraging this investment to enhance its global presence.