Haventec builds passwordless authentication and decentralized data-storage products, notably Authenticate (four-digit PIN or biometric multi-factor access) and Sanctum (decentralised encrypted user-data storage). The company also rolled out an eConsent for Genomics project that received joint funding from AustCyber. Haventec has launched a US expansion and hired Jordan Blair to lead the US team and Joseph Wendland as business development manager in North America. The $11 million in new capital will predominantly fund customer acquisition and growth across financial services, government and health sectors that handle sensitive data. Founded in 2015 and based in Sydney, Haventec has been recognized with awards including Best Emerging Cyber Security Innovation at the Australian Technologies Competition and Excellence in Cyber Security at the InnovationAus Awards. Leadership emphasizes cryptography, decentralisation, biometrics and multi-factor authentication to address shortcomings in current data privacy and authentication approaches.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2021