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Nymi

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Toronto, CanadaFounded 2011Fintech
Valuation $50–100M Last recorded · 2017
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Nymi and the history behind them.

About Nymi

Nymi is a pioneering technology firm specializing in workplace connectivity through its Connected Worker Platform. This platform focuses on human-centric solutions, enabling digital transformation for enterprises ready to embrace the future. Nymi's core product is a secure workplace wearable that integrates biometrics, Zero Trust security, and nonrepudiation, ensuring robust data integrity and identity assurance. The company serves a diverse clientele, including 9 of the top 10 global pharmaceutical companies, and operates primarily in the life sciences and manufacturing sectors. Nymi's business model revolves around providing secure, simple, and scalable connectivity solutions that integrate seamlessly with existing infrastructure. Revenue is generated through the sale of its wearable devices and associated software services, which enhance operational efficiency and employee safety. The platform also supports applications like secure printing, vending, and payment systems, further broadening its utility.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
Toronto, Canada
Employees
42
Open positions
4
Dealroom signal
78.4/100
Industry
Security, Fintech
Sub-industry
Identity & Access
Sector
Fintech, Consumer Electronics, Spinout, Wearable
Technology
Artificial Intelligence, Hardware, Deep Tech, Computer Vision, Connected Device, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Apr 2022 $0 — Innominds Software Pvt. Ltd. ↗
SERIES B✓Equity / VC May 2017 $12M $47M Ignition Partners · Relay Ventures · GII Tech Ventures —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Nymi website traffic

Latest recorded traffic for Nymi is 8.9K monthly website visits, down 61.3% over the last three months. Nymi's team grew 7.7% over the past year.

Latest monthly visits8.9K 3-month web change-61.3% 1-year team growth+7.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A6 investors entered at this stage

  • Ignition Partners
  • MasterCard
  • Salesforce Ventures
  • Export Development Canada
  • Archangels
  • GII Tech Ventures

Other known investors8 additional known investors

  • Innominds Software Pvt. Ltd.
  • University of Toronto
  • Creative Destruction Lab
  • Dennis Bennie
  • Greg Wolfond
  • Nigel Stokes
  • Shingo Kato
  • XDL Capital Group
Team profiled 28 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇨🇦 Canada50%
🇮🇳 India20%
🇺🇸 United States13.3%
🇬🇧 United Kingdom13.3%
🇩🇪 Germany3.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Nymi on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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