TokenEx is a cloud-based data security company that offers virtually unlimited flexibility in how customers can access, store, and secure data.

TokenEx's token services enhance the customer payment experience by giving you the flexibility to work with your desired third-party providers and technologies.

TokenEx was founded in 2010 by Alex Pezold and Jerald Dawkins. The company is headquartered in Oklahoma City, Oklahoma. 


TokenEx’s platform enables organizations to tokenize any structured data, so they can transmit and store data securely by exchanging tokens without storing any data on on-site systems, therefore protecting it from threat actors if a data breach occurs. 


TokenEx extends flexibility by working with multiple data acceptance channels and by maintaining a processor-agnostic approach. Moreover, TokenEx is able to tokenize and secure almost any data type your company works with, including PCI, PII, PHI, and even unstructured data formats. 


TokenEx also brings data security as a service (dSaaS) to the cloud. A cloud platform for data security is TokenEx’s key differentiator among the providers of payment processor tokenization, data encryption solutions, and on-premise data security technologies.


TokenEx is backed by K1 Investment Management. The company raised $100M in a Series B round on Mar 23, 2022. This brings TokenEx's total funding to $100.5M to date.



  • Year founded: 2010
  • Funding Info: $100.5M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: $10M (2021)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Edmond
  • State: Oklahoma
  • Country: United States
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