Check out the 20-slide pitch deck that futuristic workplace ID startup Oloid used to raise $20 million backed by Dell
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Workplace security firm Oloid has raised $12 million in a Series A funding round.
The firm was backed by Dell Technologies Capital, Honeywell Capital, and Okta Capital.
Insider got an exclusive look at the pitch deck Oloid used to bring investors on board.
Oloid, a startup aiming to modernize employee access systems at work, has raised $12 million in a Series A funding round backed by Dell Technologies.
Founded in 2018, the California-based firm offers software and hardware to employers to let them verify workers through contactless means such as facial scanning, QR codes, or other biometrics. The idea is to shift away from touch-based access systems like keycards and passcodes.
Insider previously reported that Oloid had seen growth in the pandemic as businesses scrambled to find ways to avoid workers coming into contact with physical surfaces in the office. Oloid offers its own smart hardware and accompanying app, as well as hardware that works with a customer’s existing access system.
Alongside Dell Technologies Capital, the tech giant’s VC wing, Oloid received the backing of Honeywell Ventures, Okta Ventures, and a number of existing angel investors.
“With the movement towards hybrid work and hot desking, employers are reevaluating many aspects of the physical workplace,” said Gregg Adkin, managing director at Dell Technologies Capital in a statement.
Insider got an exclusive look at the pitch deck Oloid used to bring investors on board. Check it out below: