T
Token
Develops a biometric-based wearable ring that can make payments, power up a computer, and part doors
About Token
Token Ring specializes in creating luxury smart rings designed to enhance security through continuous protection and 5-factor authentication. Operating in the cybersecurity market, Token Ring serves businesses and managed service providers (MSPs) looking for robust security solutions to protect against ransomware, data exfiltration, and data manipulation attacks. The company's business model revolves around partnering with a limited number of MSPs to offer turnkey security solutions to their clients. Token Ring generates revenue through the sale of its high-end security rings and partnership agreements with MSPs. The rings are crafted from a variety of luxury metals and finishes, combining both form and function to provide a convenient and secure solution. Token Ring aims to be a fundamental component in zero trust strategies, ensuring that weak or reused credentials do not compromise company operations.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Henrietta, United States
- Employees
- 48
- Open positions
- 1
- Dealroom signal
- 74.2/100
- Industry
- Security, Fintech
- Sub-industry
- Payments, Identity & Access
- Sector
- Fintech, Identity Management, Consumer Electronics, Optical Technology
- Technology
- Hardware, Connected Device, Recognition Technology, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBT✓Debt | Apr 2023 | $20M | — | Grand Oaks Capital | ↗ |
| CONVERTIBLE✓Equity / VC | Apr 2023 | $10M | — | Grand Oaks Capital | ↗ |
Growth signals
Latest recorded traffic for Token is 16K monthly website visits, up 595.7% over the last three months. Token's team grew 4.3% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
RIT Venture Fund
Empire State Development
State of New York
New York State Public Service Commission- CVCvetlo
Neo vc- GCGrand Oaks Capital
Other known investors9 additional known investors
2020 Ventures
Bloomberg Beta
Future Perfect Ventures
High Line Venture Partners
NEO Fund
New York State Assembly
New York Ventures
RRE Ventures
XG Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Token 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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