T
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
Valuation & funding
Token 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 | ↗ |
| SERIES B✓Equity / VC | Jun 2022 | $13M | $52M | Grand Oaks Capital | ↗ |
| EARLY VC✓Equity / VC | Dec 2021 | $29K | $115K | RIT Venture Fund | — |
| EARLY VC✓Equity / VC | Oct 2020 | $100K | $400K | RIT Venture Fund | — |
| EARLY VC✓Equity / VC | Jan 2020 | RIT Venture Fund | — | ||
| SERIES A✓Equity / VC | Dec 2019 | Undisclosed | — | ||
| SERIES AEquity / VC | Jun 2019 | Cvetlo · Neo vc | — | ||
| EARLY VC✓Equity / VC | Feb 2018 | Empire State Development · State of New York · New York State Public Service Commission | ↗ | ||
| EARLY VC✓Equity / VC | Sep 2016 | RIT Venture Fund | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 47 |
| 2025 | 46 |
| 2024 | 49 |
| 2023 | 43 |
| 2022 | 32 |
| 2021 | 16 |
| 2020 | 18 |
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.
Hiring
Open positions at Token
Current openings linked to this company in Dealroom.
Comparisons
Token compared with similar companies
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Talent graph
Token's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Token has talent and traffic
team presence
In the news
Latest news about Token
Recent press, funding announcements, and product moves mentioning Token — open to read from the original sources.
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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