Nymi is a Computer & Network Security company that develops biometric and authentication technologies and applications for consumer electronics.

Nymi is a team of thinkers and innovators aimed at shaping the world of technology through biometrics, authentication technology, and their concept of identity. While they specialize in biometrics and authentication technology for consumer electronics, they also develop technology that uniquely utilizes gesture control, proximity detection, and application development.

Nymi was founded in 2011 by Karl Martin and is based in Toronto, Ontario, Canada.

Nymi’s vision is to deliver Always On Authentication™, transforming the model of authentication into a secure and seamless experience for both enterprises and end-users.

Nymi’s first product, the Nymi Band, is a wearable device that delivers biometrically secured, persistent authentication. The Nymi Band utilizes strong biometric modalities such as HeartID™ – a proprietary technology that leverages the wearer’s unique cardiac signature (or ECG) as a biometric identifier.



  • Year founded: 2011
  • Funding Info: $36.3M in 6 funding rounds (Last Funding Type: Series B)
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Toronto
  • State: Ontario
  • Country: Canada
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