1Kosmos Secures $57M Series B for Blockchain Identity Verification

The funding round, led by Forgepoint Capital and Origami’s Oquirrh Ventures with a $10M credit line from Bridge Bank, will drive product innovation, market expansion, and integration with premier IAM and zero trust platforms.

Summary

US-based identity verification platform 1Kosmos completed a $57M Series B round on August 12, led by Forgepoint Capital and Origami’s Oquirrh Ventures, and secured a $10M line of credit from Bridge Bank, bringing total funding to over $72M. The company plans to use the funds for product innovation, market expansion in North America, Europe, the Middle East, and Asia Pacific, and to enhance integrations with leading identity management (IAM, CIAM, PAM) and zero trust platforms.

Terms & Concepts
  • Permissioned Blockchain: A blockchain where participation is restricted to approved entities, ensuring secure and controlled data access.
  • Series B Round: A funding phase in which a company secures capital to expand its operations after early-stage development.
  • Zero Trust: A security model that requires strict verification for every access attempt, minimizing trust assumptions in network interactions.