Saviynt: $700 Million Series B At $3 Billion Valuation Raised To Advance Identity Security For The AI Era

By Amit Chowdhry ● Yesterday at 8:37 PM

Saviynt has raised $700 million in a Series B growth equity round led by KKR at a valuation of approximately $3 billion. The funding round included participation from Sixth Street Growth and TenEleven, along with additional capital from existing Series A investor Carrick Capital Partners. The investment reflects growing institutional conviction that identity security is now foundational for enterprises deploying AI at scale.

The company’s AI-powered identity platform manages, governs, and secures access for human, machine, and AI agent identities across applications, data, and infrastructure. Saviynt integrates identity governance and administration, privileged access management, application access governance, identity security posture management, and access gateways into a unified platform built for both cloud and AI-driven environments. As enterprises accelerate adoption of copilots, autonomous agents, machine-to-machine workflows, and continuously operating AI identities, Saviynt aims to provide the policy, lifecycle, posture, and privilege controls needed to maintain security and compliance.

The company has expanded to more than 600 enterprise customers, including over one fifth of the Fortune 100, while adding new products for AI agent identity management, non-human identity management, privileged access management, and identity posture management. It has also delivered AI-enabled intelligence to streamline application onboarding, certification, access reviews, and provisioning processes. Recent integrations with AWS, CrowdStrike, Zscaler, Wiz, and Cyera reflect Saviynt’s expanding role within global security ecosystems.

The new capital will support accelerated research and development, expanded product capabilities, new AI-based tools to help organizations migrate from legacy identity systems, and deeper collaboration with hyperscalers, SaaS platforms, consulting firms, and reseller partners.

KKR’s investment draws on its long-standing experience backing leading cybersecurity and identity platforms, including Darktrace, ReliaQuest, KnowBe4, Ping Identity, ForgeRock, and Semperis. The firm plans to support Saviynt’s global expansion efforts through its technology growth fund.

Support: Advisors for the transaction included Piper Sandler as financial advisor to Saviynt, Cooley as Saviynt’s legal counsel, and Latham & Watkins as legal advisor to Carrick Capital Partners. Gibson, Dunn & Crutcher served as KKR’s legal counsel, while Moelis & Co advised Sixth Street Growth and Kirkland & Ellis served as its legal counsel.

KEY QUOTES:

“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.”

Sachin Nayyar, Founder & CEO of Saviynt

“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.”

Ben Pederson, Managing Director at KKR

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