Nymi

Workplace wearables & connectivity platform

Nymi logo
21-100 employees
  • B2B
  • Security
  • Enterprise
Wellington Place, Toronto, ON

Company mission

To shape a digital future that works for everyone.

Top investors

-21% employee growth in 12 months

Our take

As cybersecurity attacks mount in number and severity, more novel security measures are needed across the globe. One of the frontrunners is biometrics, and a major champion of this approach is workplace wearable technology company Nymi.

Nymi has developed a series of wristbands that use fingerprint and heartbeat recognition technology to confirm wearer identity. These can then be used in place of passcodes and swipecards, offering more secure and efficient workplace solutions. The company has a reputable and secure track record, but public attitudes towards the privacy risks of wearables could affect adoption. Nevertheless, its seeing strong custom from enterprise companies.

The trick will be consistently proving the value that biometric wearables bring to the workplace. Nymi’s growing spread of high-grade clients like Bayer, AstraZeneca, and BionTech, is reflective that they are succeeding in doing so. The company's acquisition by Innominds, a Californian full-cycle product engineering services company, is evidence of this and will aid in its digital growth.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Quiet room
  • Paid vacation
  • Remote work option for most roles
  • Headquarters in downtown Toronto, Canada
  • Education allowance
  • Dog friendly
  • Transit reimbursement
  • Enefits from day one, incl. vision, dental, and mental health coverage
  • Casual dress
  • Flexibility in schedule
  • Amazing team of colleagues

Funding (last 2 of 4 rounds)

May 2017

$11.7m

SERIES B

Mar 2016

$5.9m

SERIES A

Total funding: $33m

This company has top investors

Leadership

Joined the company in 2019 as a VP, becoming SVP then President then finally CEO in 2026. Previously VP of Customer Success at SecureAuth Corporation and VP of Operations at Damballa. Also worked in Go To Market Planning and Strategy at Hewlett-Packard.