Token Ring Overview
- Year Founded
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2014
- Status
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Private
- Employees
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47
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$30M
- Investors
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26
Token Ring General Information
Description
Developer of a biometric-based wearable ring designed to aid users in making payments, powering up a computer, and parting doors. The company's biometric-based wearable ring uses a combination of fingerprinting and an optical proximity sensor to ensure that a user's credentials can't be accessed by a third party and can be used for anything, from credit cards to car keys, enabling users to have a personalized lifestyle accessory that can make their life simple, secure and safe.
Contact Information
Website
www.tokenring.comCorporate Office
- 4545 East River Road
- Suite 310
- West Henrietta, NY 14586
- United States
Corporate Office
- 4545 East River Road
- Suite 310
- West Henrietta, NY 14586
- United States
Token Ring Timeline
Token Ring Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 24-Apr-2023 | $30M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series B) | 29-Jun-2022 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series A2) | 04-Jun-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 28-Feb-2018 | Completed | Generating Revenue | |||
| 2. Seed Round | 10-Sep-2015 | $2M | $2M | Completed | Startup | |
| 1. Accelerator/Incubator | Completed | Startup |
Token Ring Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A1 | ||||||||
| Series A | 1,973,953 | $0.001000 | 6% | $2 | $2 | 1x | $2 | 17.44% |
| Seed | 2,000,000 | $0.001000 | $0.06 | $1 | $1 | 1x | $1 | 17.67% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Token Ring Comparisons
Industry
Financing
Details
Token Ring Competitors (3)
One of Token Ring’s 3 competitors is HYPR (Network Management Software), a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HYPR (Network Management Software) | Venture Capital-Backed | New York, NY | ||||
| Yubico | Formerly VC-backed | Stockholm, Sweden | ||||
| Nymi | Private Equity-Backed | Toronto, Canada |
Token Ring Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Token Ring Patents
Token Ring Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11138409-B1 | Biometric recognition and security system | Active | 02-Sep-2020 | ||
| US-20220122375-A1 | Biometric recognition and security system | Pending | 02-Sep-2020 | ||
| EP-4208857-A2 | Biometric recognition and security system | Pending | 02-Sep-2020 | ||
| US-10943000-B2 | System and method for supplying security information | Active | 07-Sep-2016 | ||
| AU-2017324615-A1 | System and method for supplying security information | Inactive | 07-Sep-2016 | G06F21/32 |
Token Ring Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Token Ring Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Blockchange Ventures | Venture Capital | Minority | ||
| Grand Oaks Capital | Family Office | Minority | ||
| Jalak Jobanputra | Angel (individual) | Minority | ||
| Protocol VC | Venture Capital | Minority | ||
| Roy Bahat | Angel (individual) | Minority |
Token Ring FAQs
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When was Token Ring founded?
Token Ring was founded in 2014.
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Where is Token Ring headquartered?
Token Ring is headquartered in West Henrietta, NY.
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What is the size of Token Ring?
Token Ring has 47 total employees.
-
What industry is Token Ring in?
Token Ring’s primary industry is Electronics (B2C).
-
Is Token Ring a private or public company?
Token Ring is a Private company.
-
What is Token Ring’s current revenue?
The current revenue for Token Ring is .
-
How much funding has Token Ring raised over time?
Token Ring has raised $52M.
-
Who are Token Ring’s investors?
Blockchange Ventures, Grand Oaks Capital, Jalak Jobanputra, Protocol VC, and Roy Bahat are 5 of 26 investors who have invested in Token Ring.
-
Who are Token Ring’s competitors?
HYPR (Network Management Software), Yubico, and Nymi are competitors of Token Ring.
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