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Token

Fintech · Rochester, United States · Founded 2014

Develops a biometric-based wearable ring that can make payments, power up a computer, and part doors MoreLess

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.

Keywords: cybersecurity, luxury smart rings, 5-factor authentication, ransomware protection, data security, MSP partnerships, zero trust strategy, continuous protection, turnkey solutions, high-end security.

Company overview

Token company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2014
Headquarters
Rochester, United States
Employees
48
Open positions
1
Dealroom signal
74.2
client focusb2bclient focusb2ctechnologyHardwaretechnologyConnected DevicetechnologyRecognition TechnologytechnologyIoT InternetOfThingssub industryPaymentssub industryIdentity & Accessbusiness modelManufacturingindustrySecurityindustryFintechsectorIdentity ManagementsectorConsumer ElectronicssectorOptical Technology

Valuation & funding

Token funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Apr 2023 $20M Grand Oaks Capital
CONVERTIBLEEquity / VC Apr 2023 $10M Grand Oaks Capital
SERIES BEquity / VC Jun 2022 $13M $52M Grand Oaks Capital
EARLY VCEquity / VC Dec 2021 $29K $115K RIT Venture Fund
EARLY VCEquity / VC Oct 2020 $100K $400K RIT Venture Fund
EARLY VCEquity / VC Jan 2020 RIT Venture Fund
SERIES AEquity / VC Dec 2019 Undisclosed
SERIES AEquity / VC Jun 2019 Cvetlo · Neo vc
EARLY VCEquity / VC Feb 2018 Empire State Development · State of New York · New York State Public Service Commission
EARLY VCEquity / VC Sep 2016 RIT Venture Fund
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 47
2025 46
2024 49
2023 43
2022 32
2021 16
2020 18
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Token website traffic

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.

Latest monthly visits16K 3-month web change+595.7% 1-year team growth+4.3%
Monthly website visits92 observations · Dec 2018–Jul 2026
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Hiring

Open positions at Token

Current openings linked to this company in Dealroom.

1 distinct opening shownExplore hiring signals →

Comparisons

Token compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Token's talent

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Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 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.

Investors

16 investors on Token's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 7 investors entered at this stage
RIT Venture Fund
Empire State Development
State of New York
New York State Public Service Commission
Cvetlo
Neo vc
Grand Oaks Capital
Other known 9 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

Global footprint

Where Token has talent and traffic

Workforce by country
3 countries with
team presence
🇺🇸 United States85.7%
🇷🇸 Serbia4.8%
🇫🇷 France4.8%
3 countries shown

In the news

Latest news about Token

Recent press, funding announcements, and product moves mentioning Token — open to read from the original sources.

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Market sentiment

What the market is saying about Token

An AI-synthesized read of the highest-engagement posts about Token on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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