AuthMind – a leading innovator in identity protection – announced a $19.3 million seed round led by Cheyenne Ventures. The funding round included participation from investors at Black Opal Ventures, K2 Access Fund, the Jefferies Family Office, Silver Buckshot Ventures, Blu Venture Investors, and existing investors Ballistic Ventures and IBM.
Value Proposition: Modern enterprises often face growing risk from fragmented identity infrastructures spanning on-prem, hybrid, cloud, and SaaS environments, intensified by the rise of shadow IT, non-human workloads, and agentic AI. So traditional security tools have failed to keep pace with today’s identity-based threats, including sophisticated, low-and-slow and living-off-the-land attacks, conducted by groups like Volt Typhoon, which mimics legitimate identity activity. Enterprises need identity protection solutions built on contextual identity observability to detect and stay protected against evolving threats effectively.
AuthMind’s observability-based approach helps protect all identities across multi-cloud, hybrid, and on-premises environments. And holistic identity observability results in AuthMind’s highest fidelity ability to identify risks and attacks in real-time. This empowers security teams to rapidly and securely drive business transformation through cloud adoption and AI integration.
What the funding will be used for: The latest funding round enables greater acceleration of go-to-market operations and product innovations within the AuthMind Identity Protection Platform that deploys throughout the enterprise in minutes.
KEY QUOTES:
“As enterprises navigate increasingly complex technology environments, the complexity of identity protection has grown exponentially. AuthMind is addressing this challenge head-on with a new approach to identity protection through comprehensive identity observability, giving organizations the context, clarity and control to protect their environments. We are excited to support AuthMind as they lead the way in transforming identity protection.”
Gregory Eaton, founder and managing director at Cheyenne Ventures
“AuthMind is redefining identity protection by providing continuous, context-driven observability, posture management, and threat detection for all identities and their access paths across multi-cloud, SaaS, and on-premises environments. With the backing of top investors and advisors, we are poised to expand our market reach and protect enterprises against the growth of identity-based threats driven by today’s cloud migration and the accelerating use of AI tools.”
Shlomi Yanai, CEO of AuthMind
