Haventec
Decentralized passwordless authentication engine for secure, frictionless digital access
Overview
Haventec is a cybersecurity company specializing in high-assurance, decentralized authentication solutions. Founded in 2015 by Ric Richardson (inventor of Uniloc) and Tony Castagna (co-founder of Nuix), the company provides a patented authentication engine that eliminates friction and enables safe, simple, and secure access for customers, citizens, and employees. The platform is built on internationally patented Rolling Key technology, using dynamic, single-use public and private keys derived from Transport Layer Security (TLS), Public Key Infrastructure (PKI), and blockchain principles.
The company offers a range of authentication products including passwordless login, silent multi-factor authentication, decentralized data storage, and CIAM-as-a-Service. Haventec's solutions address the growing problem of password fatigue and credential theft while significantly improving security posture for organizations handling sensitive data. The platform secures over one million identities across its customer base.
Haventec secured $11 million in funding in December 2021, led by Macquarie Group and Future Now Capital, to support expansion into the US market and growth in financial services, government, and health sectors. The company has particular relevance to the insurance industry through its cyber insurance compliance capabilities, having won the 2022 InsurTech Hartford Innovation Challenge in the Cyber Risk Prevention and Mitigation Tech category.
Products & Services
Haventec Authenticate
Core authentication engine using patented Rolling Key technology for secure, passwordless access. Decentralizes digital identities so no credentials are stored on any server for an attacker to steal. Keys change on every authentication, preventing stolen credentials from being reused.
Key Features
- Four-digit PIN or biometric verification
- Dynamic, single-use public and private key pairs
- Decentralized authentication architecture with no central credential store
- Two-factor authentication with facial authentication support
Target Users: IT Security Teams, Application Developers, Digital Product Teams
Haventec Silent MFA
Seamless multi-factor authentication that operates invisibly in the background without any user friction. Users log in with their standard username and password while a second authentication factor is silently verified behind the scenes.
Key Features
- No SMS codes, authenticator apps, tokens, USB keys, or QR codes required
- Background second-factor authentication on every login
- Standards-based integration with Microsoft and Auth0 IAM platforms
- Silent onboarding for rapid, frictionless customer adoption
- Meets Essential 8 multi-factor authentication maturity requirements
- Implementation achievable within weeks
Target Users: Security Teams, Enterprise IT, Education (K-12 schools)
Haventec Silent MFA for Schools
Specialized version of Silent MFA designed for K-12 educational institutions where students cannot use mobile phones or special authentication applications.
Key Features
- No mobile phone or special application required
- Invisible to students during standard login
- Mitigates phishing and cyber attacks in educational environments
- Zero impact on classroom teaching time
Target Users: Schools, Educational Institutions, Education IT Administrators
Haventec Sanctum
Decentralized data storage solution that secures sensitive information by splitting and distributing it across multiple locations using advanced encryption.
Key Features
- Decentralizes user data across multiple locations
- Advanced encryption for sensitive data
- Passwordless access to protected information
- Enterprise-grade data protection ensuring nothing of value to steal in a breach
Target Users: Data Security Teams, Compliance Officers
Haventec CIAM-as-a-Service
End-to-end customer identity and access management platform for customer-facing applications.
Key Features
- Complete CIAM solution with passwordless authentication
- Integration with existing identity systems
- Scalable cloud-based infrastructure
- Customer lifecycle management
Target Users: Digital Product Teams, Customer Experience Teams
Haventec eHealth Consent
Specialized consent management solution for healthcare organizations.
Key Features
- Healthcare-specific consent workflows
- Patient authentication and verification
- Regulatory compliance support
- Secure data sharing controls
Target Users: Healthcare Organizations, Health Insurers
At a Glance
- Founded
- 2015
- Headquarters
- Sydney, Australia
- Employees
- 1-10
- Funding
- Series A
Category & Focus
- Category
- Insurtech Infrastructure
- Subcategories
- Identity & Access Management Passwordless Authentication Multi-Factor Authentication Cybersecurity
- Insurance Verticals
- P&C Commercial Health Specialty/E&S
- Target Customers
- Carriers, Brokers, Employers, Consumers
Customers
- UBank
- BilliPay
- TransWest
- BAXE (DeFi ecosystem)
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Last updated: 2026-03-25