Omada—a leader of Identity Governance and Administration (IGA) software—announced a new phase in its partnership with existing investor GRO. Together with Kirk Kapital, Omada will take a majority ownership position to support its continued expansion and innovation.
This investment, led by GRO Fund III as lead investor together with Kirk Kapital and other co-investors, including the Private Equity Group of J.P. Morgan Asset Management and P+ offers a full exit to CVC Growth Funds and GRO Fund II. And it will accelerate Omada’s global growth strategy. The company will continue to scale through AI-based product innovation and go-to-market expansion, building on its momentum as a globally recognized category leader, as acknowledged by leading analysts.
What Omada does: Omada provides a scalable and AI-based identity governance solution that enables enterprises to manage who has access to which systems and applications with confidence. And Omada’s cloud-native, multi-tenant platform simplifies identity management, enhances security, and facilitates compliance – empowering organizations to manage complex identity workflows with greater efficiency and precision.
Value proposition: As digital ecosystems become more complex and regulatory requirements increase, identity governance plays a critical role in protecting sensitive data and achieving compliance. Omada’s AI-based solution helps organizations reduce their attack surfaces and maintain real-time visibility into user access, strengthening both enterprise security and operational resilience.
Customers: Now, Omada supports enterprise customers across Europe and North America, providing the foundation for identity lifecycle management, enabling organizations to advance their cybersecurity, compliance, automation, and business transformation goals. With a focus on enhancing IGA, Omada provides a streamlined, cost-effective approach built on code-free configuration, future-ready cloud architecture, and intuitive workflows. So customers typically realize value in just 90 days, reduce provisioning time by 80%, and cut help desk tickets by 60%.
KEY QUOTES:
“This marks an exciting new chapter for Omada. With the continued backing of GRO and the addition of Kirk Kapital, we’re positioned to accelerate our global growth, double down on innovation in AI, machine identity and other focus areas, and explore strategic M&A opportunities. We’re thrilled to strengthen our partnership with GRO as we scale our vision for the future of identity governance.”
Michael Garrett, CEO of Omada
“Omada is a true category leader in identity governance and a standout asset within our core thematic focus on cybersecurity software, exemplifying the kind of innovation and ambition we’re proud to back. With AI becoming critical to enterprise security, Omada is poised to take a leading role in shaping the industry’s future. We’re excited to deepen our partnership and support the company’s continued growth, innovation, and strategic expansion.”
Lars Dybkjær, Managing Partner at GRO
“We’re delighted to join Omada and support its continued growth alongside GRO. Omada’s leadership in identity governance and global ambitions align well with our long- term investment approach. We see tremendous potential in the company’s continued innovation in AI and are excited to be part of this next chapter.”
Kim Gulstad, CEO of Kirk Kapital
“Omada has grown into a category leader in IGA, with a robust cloud – native platform and a differentiated approach to managing identity at scale for the most complex of enterprises. We are grateful to have been part of this journey and look forward to Omada’s continued success.”
Sebastian Kuenne, Partner at CVC
