What is Clear Skye?
Clear Skye is an Identity Security and Governance (IGA) company that fundamentally reimagines how enterprises manage identity access and risk. Founded in 2016 and headquartered in Emeryville, California, the company distinguishes itself by building its solutions directly on the ServiceNow Now Platform. This architectural choice eliminates the necessity for standalone IGA tools, allowing businesses to utilize their existing platform investments to manage identity lifecycles more efficiently.
By providing a unified governance framework, Clear Skye addresses the friction typically associated with identity management, offering a scalable solution that serves a diverse array of vertical markets. Its market position is defined by its commitment to simplifying complex security workflows, thereby enabling organizations to enhance their operational agility while maintaining rigorous compliance and security standards.
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, ServiceNow, and Toba Capital
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
A venture capital firm that focuses on early-stage technology investments, providing the necessary capital and strategic guidance to help startups scale their operations effectively.
ServiceNow
ServiceNow is a leading technology company providing a cloud-based platform that streamlines and automates enterprise workflows, enabling digital transformation across global organizations.
Toba Capital
Toba Capital is an early-stage investment firm specializing in SaaS and IT infrastructure, dedicated to supporting companies with long-term growth potential and significant market impact.
What's next for Clear Skye?
With the infusion of this latest capital, Clear Skye is well-positioned to accelerate its product development roadmap and expand its footprint in the enterprise identity market. The strategic focus will likely center on deepening its integration capabilities within the ServiceNow ecosystem and scaling its go-to-market operations to meet the rising demand for unified identity governance.
As the company moves into this next phase of growth, it is expected to prioritize the enhancement of its automated lifecycle management features, ensuring that its clients can navigate the evolving threat landscape with greater resilience. The continued support from its investor base provides the necessary runway to solidify its status as a leader in the identity security space, potentially setting the stage for further market penetration and technological innovation in the coming fiscal periods.
