Plugin SDK Startups

SafeWo Labs built a passwordless authentication plugin SDK that enables banks, e-commerce platforms, and cryptocurrency exchanges to authenticate users without passwords or one-time codes. Starting from zero in February 2021 with first code written in July 2020, they grew to $130,000 MRR in 12 months through product-led growth and community engagement, primarily via their 12,000-developer Discord and Slack communities. The company raised $1M total across pre-seed and seed rounds and is closing a $9M Series A at a $65M valuation.