TokenEx is a cloud tokenization provider based in Oklahoma City, OK, led by founder and CEO Alex Pezold. The company collects data via API calls or managed file transfers before it enters an organization’s internal systems and exchanges that sensitive data for nonsensitive tokens. Those tokens can be sent to any API endpoint, creating a layer of abstraction that safeguards against cyber and ransomware attacks while increasing customer freedom, control, and interoperability. TokenEx’s solution can secure and desensitize any structured data element to reduce risk, streamline operations, and enable clients’ most critical business processes. The company raised $100M in a Series B and intends to use the funds to invest in its product, customer service, and account management teams and to scale global operations.

Total raised

$100M

Funding rounds

1

Latest round

Series B

Latest activity

Mar 2022