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Token Appoints Katy Nelson as Chief Revenue Officer

Business

Token Appoints Katy Nelson as Chief Revenue Officer
Business

Business

Token Appoints Katy Nelson as Chief Revenue Officer

2026-03-24 18:02 Last Updated At:03-25 13:51

ROCHESTER, N.Y.--(BUSINESS WIRE)--Mar 24, 2026--

Token, the biometric identity assurance company, today announced the appointment of Katy Nelson as Chief Revenue Officer. Nelson will lead Token’s complete revenue organization — including Sales, Marketing, Revenue Operations, Partnerships, and Customer Success — as the company accelerates commercial growth following the launch of TokenCore.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324980569/en/

Nelson joins Token from Andreessen Horowitz (a16z), where she spent five years as a Partner building and leading the firm’s largest cross-sector Go-to-Market organization. During that period, she helped scale the firm from $13 billion to over $60 billion in assets under management, establishing GTM as a core operating function supporting hundreds of companies from pre-product through pre-IPO. She worked directly with a16z’s cybersecurity portfolio and built a global CISO network and community — giving her direct insight into how identity and security leaders evaluate and adopt enterprise technology.

Earlier in her career, Nelson held roles at Gartner, advising Fortune 500 and Global 2000 C-suites through major technology transitions — from cloud to mobile to the early days of AI. She is an Executive in Residence and adjunct professor at NYU Stern School of Business.

“Katy’s background at the intersection of enterprise security investing and go-to-market execution is exactly what this moment calls for. She has spent years understanding how CISOs think, what they need, and what actually gets adopted at institutional scale. Token’s market position right now is unrivaled — and Katy knows how to turn that position into velocity.” Kevin Surace, CEO, Token

“I spent five years at a16z embedded in the investment process and supporting companies at the frontier of security and infrastructure. TokenCore is genuinely different — it doesn’t ask security leaders to trust a better credential. It makes the credential question irrelevant. My job is to make sure the right people understand it.” Katy Nelson, CRO, Token

About TokenCore

TokenCore steps to the front of the Identity Assurance category with its biometric cryptographic proximity-based solution. Unlike MFA, which layers factors onto weak credential foundations, TokenCore binds access to a verified, physically present human through on-device biometric authentication enforced on secure hardware. Fingerprints never leave the device. Cryptographic keys are generated on-device and never exported. There is nothing for an attacker to steal, phish, or replay.

The TokenCore product line — including the TokenCore Wearable, TokenCore Portable, and TokenCore Node — integrates with existing IAM, SSO, and PAM infrastructure. It does not replace the identity stack. It completes it.

Token is backed by Grand Oaks Capital, the private equity and venture capital firm founded by Paychex founder and billionaire philanthropist B. Thomas Golisano, whose $1 billion portfolio backs companies with large addressable markets and disruptive technology.

About Token

Token is next-generation identity assurance for organizations that cannot afford to get identity wrong. Founded in 2014 and backed by Grand Oaks Capital — the firm founded by Paychex founder and billionaire philanthropist B. Thomas Golisano — Token combines wireless biometrics, cryptographic authentication, and physical proximity to make human identity non-transferable and provable. TokenCore integrates with and strengthens the IAM, SSO, and PAM tools organizations already rely on. Learn more at TokenCore.com.

Katy Nelson, Chief Revenue Officer, Token

Katy Nelson, Chief Revenue Officer, Token

JUNEAU, Alaska (AP) — Alaska U.S. Senate candidate Dan Sullivan acknowledges that sharing a name and party affiliation with the incumbent Republican gives him “an instant megaphone" in the crowded primary race. But Sullivan said his campaign isn't a sham or something Democrats put him up to doing.

He said friends for years have jokingly referred to him as senator and asked if he has ever thought about running. He said he’s been considering it for more than a decade.

“This is my choice,” Sullivan, who lives in the small fishing community of Petersburg, said in a telephone interview Monday.

Last week, Sen. Dan Sullivan accused the challenger Sullivan of “trying to trick” voters to help his main rival in the race, Democratic former U.S. Rep. Mary Peltola. The senator suggested the other Sullivan's entrance in the August primary was part of a coordinated effort by Democrats and Peltola's campaign to confuse voters, an accusation they deny. He threatened litigation to get to the bottom of it.

The issue is of national concern to Republicans because they are seeking to hold onto their majority in the U.S. Senate in what is expected to be a difficult midterm election year for the party in power. Sullivan, the challenger, dismissed claims that his candidacy is a merely a ruse to undermine the senator's reelection chances.

He said he has had no contact with Peltola's campaign — “zero, none, zilch” — and said “no” when asked if anyone from the state Democratic Party or any national Democratic operatives had contacted him to run.

A Peltola spokesperson, Harry Child, has said the campaign “has no involvement with either Sullivan campaign.” The executive director of the Alaska Democratic Party, Jenny-Marie Stryker, said her organization “is in no way affiliated with either Dan Sullivan.” A Democratic Senatorial Campaign Committee spokesperson, Monica Robinson, replied “no” when asked if the group had been involved in urging the challenger Sullivan to run.

Sullivan called sharing a name with the Alaska's incumbent U.S. senator “a matter of fate” and said he had done nothing wrong.

“I have every right to run for whatever office I'm qualified for, and I’m qualified for this office,” the challenger said, adding: “I think I’m doing what most Americans would think would be a patriotic thing to do when you’re unsatisfied with the status quo. You stand up and say, I’m going to fight for things I believe that are going to make my community better.”

Ballots in prior years in Alaska have not identified the incumbent, but the Alaska Division of Elections’ current candidate list online does. It also distinguishes the candidates using a middle initial — Dan S. Sullivan for the senator and Dan J. Sullivan for the challenger.

Alaska has open primaries in which the top four vote-getters, regardless of party, advance to the ranked choice general election in November. Sen. Sullivan's campaign worries having two Dan Sullivans on the ballot could confuse voters.

Sen. Sullivan's campaign, in a statement Monday, said, “Alaskans deserve a fair and honest election — not political games meant to manipulate the ballot and benefit Democrats.”

The challenger said he was registered with the limited government-leaning Alaskan Independence Party for decades, until the party's dissolution late last year. Election officials had said voters registered with the party could change their affiliation but if they did not, they'd be shown as “undeclared.” Sullivan said he then was listed as undeclared until filing to run for office, when he registered as Republican.

He said he was motivated in part by his late father, whom he described as a “true, compassionate, conservative Republican.” He said if he had to label himself, it would be “a pragmatic Republican centrist” — similar to Alaska's senior U.S. senator, Lisa Murkowski, but “with touches of a Rand Paul Republican in there.”

He said he grew up in the Chicago area but was drawn to Alaska and put down roots nearly 50 years ago in Petersburg. The fishing community of about 3,400 in southeast Alaska's Tongass National Forest is known as “Little Norway” for its many residents with Scandinavian roots. He worked for the U.S. Forest Service before changing careers and becoming a teacher. He has since retired.

Like most communities in Alaska, Petersburg isn't connected to the state's main road system and is accessible only by air or water. Juneau, the nearest city, is about 45 minutes away by plane.

Petersburg sits on Mitkof Island, which is distinguished by mountains, thick stands of forest and boggy areas called muskeg. Sea lions hauled up on buoys and humpback whales and orcas are common sights off its shores.

Sullivan, who will turn 69 this weekend, passed on an interview request last Friday, he said, because the king salmon were running and he wanted to fish.

As far as his run for office, the challenger said he plans to do some fundraising and hopes to campaign in the state's larger cities, including Anchorage and Juneau, but he so far has no firm plans to do so and is working on the details.

He finds the current dustup over his Senate run — and the incumbent's reaction — a bit surprising.

“I guess my thought would be, ‘Dude, why don’t you just run your campaign?’ If you’ve got a strong record, run on your record. People will love you for it and you’ll be swept back into office,” he said Monday. “Why would he be concerned that a guy out of Petersburg is this huge threat?”

Sen. Dan Sullivan, R-Alaska, heads to a closed-door meeting with fellow Republicans, at the Capitol in Washington, Tuesday, June 2, 2026. (AP Photo/J. Scott Applewhite)

Sen. Dan Sullivan, R-Alaska, heads to a closed-door meeting with fellow Republicans, at the Capitol in Washington, Tuesday, June 2, 2026. (AP Photo/J. Scott Applewhite)

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