A New Approach to Identity
Identity has become one of the most vulnerable parts of the digital world. Every week, we see headlines about new attacks: deepfakes tricking people into wiring money, social engineering scams bypassing help desks, and stolen credentials fueling large-scale breaches. Groups like Scattered Spider and North Korea’s “shadow IT” workers have shown just how easily attackers can manipulate outdated processes. These incidents reveal a simple truth: the old ways of handling identity are no longer enough.
Why Traditional Identity Falls Short
Most identity systems were built decades ago, around usernames, passwords, and static credentials stored in centralized databases. At the time, it made sense. But in today’s environment, this approach creates more risk than protection. Centralized stores are tempting targets, and when they fall, millions of records go with them. Meanwhile, adversaries are using AI to generate fake voices and faces, harvest credentials in real time, and run scams that outpace static security controls.
The human impact is also clear. People are asked to hand over personal information to countless organizations without knowing how it is stored or shared. They have almost no control, and when regulations tighten, enterprises end up scrambling to catch up.
Putting People Back in Control
At 1Kosmos, we believe the answer is not to add more layers to a broken model, but to rethink identity from the ground up. That is why we are building privacy-first, decentralized identity solutions that shift control back to the user.
The heart of this approach is the digital wallet. Instead of credentials living in a central database, they are stored securely on a person’s device. That means an individual can carry verified credentials, like a driver’s license, proof of employment, or a biometric factor, and choose exactly when and with whom to share them. Organizations, in turn, can instantly verify authenticity without holding sensitive data themselves.
The result is stronger privacy, reduced risk of mass breaches, and a much better experience. No more resets. No more risks. No more roadblocks. We’re already seeing the impact of this approach. Enterprises using 1Kosmos have cut fraud loss, reduced fraud losses by 90% and eliminated millions of password resets. For employees and customers, it means faster access, fewer frustrations, and stronger trust in every interaction.
Fueling the Shift with $57 Million
We’re already seeing strong traction with enterprises and governments embracing a privacy-first identity model. Our recent $57 million Series B funding is the catalyst to move even faster—expanding innovation, integrations, and global reach. The investment validates the market’s urgent need for identity modernization and accelerates our ability to deliver it.
With this funding, we are advancing AI-powered defenses against deepfakes and impersonation attempts, expanding enterprise-ready digital wallets, and strengthening integrations with IAM, CIAM, PAM, and zero-trust platforms. We are also growing our reach into new markets across North America, EMEA, and APAC.
These steps build on the momentum we have already achieved, including becoming the only full-service Kantara-certified credential service provider with FedRAMP High authorization, and winning a 10-year, $194.5 million Login.gov agreement to supply next-generation identity proofing.
Where We Go From Here
For too long, identity has been the weakest link. We see it as the foundation of trust—and the key to better digital experiences when built on privacy and user control.
That is the vision we are pursuing at 1Kosmos. By combining verified identity proofing, passwordless authentication, and blockchain-based privacy, we are giving organizations the tools to stop impersonation attacks before they start, while giving individuals more control over their digital lives.
The stakes have never been higher, but neither have the opportunities. With our Series B investment, we are moving faster toward a world where identity is no longer the first step in the kill chain, but the first line of defense.
