authID Soars 13.17% on Strategic Cybersecurity Partnership

authID's stock surged 13.17% in pre-market trading on April 30, 2025, driven by a significant strategic partnership announcement.

authID has formed a strategic partnership with TechDemocracy, a global cybersecurity services firm with over 25 years of Identity and Access Management (IAM) expertise. This collaboration aims to accelerate the adoption of secure and privacy-preserving passwordless solutions. TechDemocracy will certify an initial cohort of 25 professionals on authID’s biometric authentication and verification platforms, enabling them to consult, implement, operate, and support authID’s solutions.

As part of this partnership, TechDemocracy will develop a library of QuickStart accelerators to embed authID’s biometric verification capabilities into digital identity journeys built on Ping Identity and Microsoft Entra. These accelerators will enable rapid deployment of secure, low-friction authentication flows for both Workforce IAM and CIAM use cases.

Both companies will co-author white papers, co-host webinars, and lead roadshows to help organizations transition from traditional passwords to modern, biometric-first authentication. Additionally, TechDemocracy will offer complimentary one-day workshops to help organizations evaluate their access management strategies and understand best practices for implementing biometric-based authentication at scale.