ConductorOne Secures $79M for AI-Native Identity Security Platform
TL;DR
ConductorOne Secures $79 Million in Series B Funding
ConductorOne, an AI-native identity security platform, has announced $79M in Series B funding, bringing its total capital raised to over $100 million. The round was led by Greycroft, with participation from CrowdStrike Falcon Fund, Accel, and Felicis Ventures. This investment aims to fuel product innovation, expand enterprise adoption, and grow the ConductorOne team. ConductorOne manages millions of identities across its platform and is used by companies including Zscaler, Ramp, and DoorDash.
AI-Native Identity Security Platform
ConductorOne unifies IGA, IAM, and PAM into a single platform. The platform uses connectors, automation, and AI to deliver security and productivity gains, enabling least privilege at scale. The platform automates identity security end to end, reducing IT effort for access requests by 95%. According to ConductorOne, AI is pushing identity counts to levels legacy systems cannot handle.
AI Agents for Identity Security
ConductorOne has unveiled its multi-agent identity security platform, featuring AI agents for automating identity operations. The platform is designed to protect human, non-human, and AI identities. Alex Bovee, co-founder and CEO of ConductorOne, stated that AI agents equip customers with team members who work 24/7 to accomplish critical tasks.
Key features include:
- Thomas, the AI helpdesk agent: Reduces the volume of access-related helpdesk tickets and automates access requests by integrating with Jira and ServiceNow.
- Multiple agents for access requests: Allows security and IT teams to create multiple agents with distinct rules to simplify the process of requesting and approving access.
- AI Copilot: Provides instant context about risk factors to the end user, speeding up the decision-making process.
Image courtesy of ConductorOne
Security Leaders and AI Adoption
A survey in ConductorOne’s 2025 Future of Identity Security report found that 89% of security leaders plan to implement AI agents within their security departments in the next two years. The report, based on a survey of nearly 500 security leaders in the U.S., also found that 43% said their board or executive team is actively advocating for greater AI adoption in security. The 2025 Future of Identity Security report explores how security leaders are navigating identity security threats and preparing for the growing adoption of AI agents.
Key findings of the report include:
- 82% of organizations experienced a cyberattack or data breach due to improper access or over-privileged users.
- 93% of security leaders believe the risks associated with non-human identities (NHIs) are urgent.
- Top planned use cases for AI agents include network monitoring and analysis (49%), SOC automation (47%), and access requests and account provisioning (46%). Download the 2025 Future of Identity Security report for more information.