What is Clear Skye?
Clear Skye specializes in identity security and governance, offering software that streamlines enterprise identity access and risk management. Built on ServiceNow's Now Platform, Clear Skye IGA aims to eliminate the need for standalone Identity Governance and Administration (IGA) solutions by leveraging existing infrastructure. The company, founded in 2016 and headquartered in Emeryville, California, serves a diverse range of vertical markets with its identity lifecycle management and governance solutions, making complex identity governance more manageable for organizations.
How much funding has Clear Skye raised?
Clear Skye has raised a total of $35M across 3 funding rounds:
Angel/Seed
$5M
Series A
$14M
Private Equity
$16.1M
Angel/Seed (2020): $5M with participation from Inner Loop Capital, Toba Capital, and ServiceNow
Series A (2022): $14M, investors not publicly disclosed
Private Equity (2025): $16.1M, investors not publicly disclosed
Key Investors in Clear Skye
Inner Loop Capital
Inner Loop Capital is an investment firm that has participated in Clear Skye's funding rounds. Their involvement suggests a strategic interest in the identity security and governance sector.
Toba Capital
Toba Capital, an early-stage investment firm focused on innovative technology companies, has backed Clear Skye. Their investment aligns with their strategy of supporting businesses with long-term growth potential in areas like SaaS and IT Infrastructure.
ServiceNow
ServiceNow, the platform provider on which Clear Skye is built, has invested in the company. This strategic backing highlights the synergy between the two entities and ServiceNow's commitment to its ecosystem partners in the identity governance space.
What's next for Clear Skye?
With the recent major strategic investment and substantial overall funding, Clear Skye is poised for significant expansion. The company's focus on integrating with the ServiceNow ecosystem positions it advantageously in the enterprise software market. Future developments are likely to involve enhancing its platform capabilities, expanding its customer base across various verticals, and further solidifying its role as a key player in identity security and governance. This capital will fuel innovation and market penetration, reinforcing its competitive edge.
See full Clear Skye company page
