Saviynt, the identity security company, has secured $700m in a Series B growth equity round, led by global investment firm KKR, with participation from Sixth Street Growth, TenEleven and existing investor Carrick Capital Partners.
The funding round highlights the critical need for modern identity security solutions as organisations accelerate their adoption of AI technologies.
Saviynt offers an AI-powered identity platform that manages, secures and governs access for human, non-human and AI-agent identities across applications, data and infrastructure. Its solution unifies identity governance and administration (IGA), privileged access management (PAM), application access governance (AAG), identity security posture management (ISPM) and access gateways, enabling organisations to simplify compliance and improve operational efficiency.
Additional investment will accelerate research and development, expand product innovation and support deeper integrations with hyperscalers, SaaS vendors and professional services partners. It will also help enterprises migrate from legacy systems to Saviynt’s AI-driven platform.
Saviynt also reported strong market momentum, including growing to more than 600 enterprise customers—over 20% of the Fortune 100—launching new products for AI agent identity management and delivering integrations with AWS, CrowdStrike, Zscaler, Wiz and Cyera. The company has also embedded AI intelligence across its platform to drive efficiency in onboarding, access reviews and provisioning workflows.
Saviynt founder & CEO Sachin Nayyar said, “This is a defining moment for Saviynt and the industry.
“The demand for secure, governed identity has never been greater, and this growth investment gives us the resources to meet it head-on. We chose to strategically partner with KKR and Sixth Street because they understand how central identity has become to enterprise AI strategies, and they have long track records of helping category leaders scale globally. We’re excited to work with them to accelerate innovation and bring identity security to every organization operating in the AI era.”
KKR managing director Ben Pederson said, “Saviynt has built one of the most advanced and comprehensive identity security platforms in the market, purpose-built for the AI era.
“The Company is redefining how organizations secure their digital ecosystems, and we look forward to strategically partnering with Sachin and the Saviynt team to help further scale their platform globally, advance their next-generation AI capabilities, and leverage KKR’s proven experience supporting leading cybersecurity businesses to accelerate growth and innovation.”
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