$3B Valuation and $700M Funding Boost Saviynt’s AI-Focused Identity Security Strategy

Executive Summary

Saviynt, an identity security leader, has secured $700 million in Series B funding, valuing the company at $3 billion. This investment, led by KKR along with Sixth Street, TenEleven, and Carrick Capital, highlights the critical role of identity management in facilitating AI deployment. Saviynt’s advanced platform enhances the security and governance of all identity types, positioning it as a key player within the cybersecurity landscape.

 Read the full article from Saviynt here for comprehensive insights.

Main Highlights

Significant Funding Round

• Saviynt has raised $700 million in a Series B Growth Equity Financing.
• This funding round was led by KKR, emphasizing the importance of identity security in the AI landscape.
• The company’s valuation reaches approximately $3 billion following this investment.

Key Investors

• Principal investors include Sixth Street, TenEleven, and returning investor Carrick Capital Partners.
• The multi-firm participation signals strong confidence in Saviynt’s vision and market potential.

Identity Security as a Foundation for AI

• Saviynt’s platform is innovative, managing identities across human, non-human, and AI agents.
• It integrates identity governance, privileged access management, and application access governance.
• This convergence addresses the complexities of identity management in a AI-driven world.

The Future of Cybersecurity

• With increasing AI adoption, robust identity management solutions are essential for securing data and applications.
• Saviynt is positioned to lead in developing next-gen identity security frameworks.

 Access the full expert analysis and actionable security insights from Saviynt here.