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Sunday, January 29, 2023
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Tom Thimot | CEO at authID.ai | Fintech Finance

Tom Thimot

About Tom Thimot

Tom Thimot specializes in scaling companies. Tom currently serves as the CEO of publicly traded AuthID.ai where the company mission is to eliminate all passwords and to be the preferred global platform for biometric identity authentication. In his career, he has served as the CEO for two publicly traded companies, two venture backed firms and one private equity backed organization. Tom always has a steady hand regardless of macro economic uncertainty — whether a dotcom bust, great recession or pandemic.

With decades of leadership experience working with technology organizations that have defined or redefined markets in the cloud computing industry through data analytics, machine learning and micro service architectures, Tom has successfully led five different fundraising initiatives totaling more than $100 million in private equity and venture capital markets, with each fundraise more than doubling the previous valuation. Over the years, he has led both buy-side and sell-side M&A exercises that yielded top-of-fund performance for his investors.

Often referred to as the Pivot CEO, Tom is passionate about perfecting the balance between financial performance and workplace culture.

In his previous role as the CEO of fintech Socure, Tom increased new enterprise customers five-fold and raised $65 million of new capital. During his tenure, Socure was recognized by Forbes as one of America’s Best Startup Employers, listed on Inc. Magazine’s “Best Workplaces,” and named as one of the “Best Places to Work” by Built In NYC.

Having consistently delivered top of class revenue growth and margin expansion in both expansive and recessive economies, Tom’s business experience spans six continents with high tech leaders based in Silicon Valley, New York City, India, and around the globe. He says the “true test of your passion for an idea is whether you wake up before the alarm clock goes off. If you are hitting the snooze button, it is time to pivot.”

Specialties: Leadership of disruptive service offerings in machine learning, big data analytics, software as a service, digital identity, public cloud, mobility, IoT and social computing that defines a market. Ability to differentiate software products to find the “knee in the curve” and grow faster than the status quo. Hands on experience recruiting top management talent, defining strategy, running operations, and re-defining markets. Expertise in highly regulated industries that require strict adherence to consumer PII regulations, evolving privacy laws and critical cyber security protocols.

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