Averon

Averon provides a mobile identity verification standard, Direct Autonomous Authentication (DAA), designed for frictionless and secure user authentication. Founded in 2015 by Wendell Brown and Lea Bajc, the company is headquartered in San Francisco. The co-founders include CEO Wendell Brown, an entrepreneur and computer scientist known for innovations in telecommunications and mobile security, and President & COO Lea Tarnowski (Bajc).

The company’s core technology leverages real-time mobile network signaling and the SIM/eSIM cards already present in smartphones to confirm user identity. This process operates in the background without requiring any user action, downloads, or apps, and works across both Wi-Fi and LTE networks. The DAA solution is designed to be impervious to social engineering and man-in-the-middle attacks by using the mobile device itself as the source of trust, without relying on personally identifiable information.

Averon serves a diverse market, including banking, e-commerce, smart vehicles, IoT devices, blockchain, and fraud prevention for ticketing and bot commerce. Its client base includes ridesharing services, digital currency platforms, and global telecommunications companies. The company's business model is based on providing its patented authentication solution as a turnkey API. Averon has raised a total of $15.7M in funding over four rounds, with its Series A rounds led by Avalon Ventures and including investors like Marc Benioff.

Keywords: mobile identity verification, cybersecurity, authentication, Direct Autonomous Authentication, DAA, SIM card security, multi-factor authentication, fraud prevention, user verification, identity management, fintech security, IoT security, blockchain authentication, frictionless authentication, network signaling, API security, e-commerce security, digital identity, access management, telecommunications security