January 2021 Summaries

Stytch, a company focused on revolutionizing user authentication, announced a $6 million seed funding round led by Benchmark in the summer of 2020, with participation from Index Ventures and several angel investors. The company was founded by former Plaid employees who experienced the limitations of password-based authentication and are now developing a platform to help teams create user-friendly authentication solutions. With Chetan Puttagunta joining the Board of Directors, Stytch is supported by a team of early adopters and investors as it continues to expand its offerings. The company is actively hiring and inviting developers to join its early access program to build on Stytch's platform.