How Much Did Obsidian Raise?
Funding & Key Investors

Obsidian has solidified its position as a critical player in the enterprise security landscape, securing a total of $204.5M in cumulative capital to date. The company recently finalized a major strategic investment of $85M, marking a significant milestone in its growth trajectory. This latest infusion of financing underscores the increasing market demand for robust, context-aware security solutions designed to protect the complex, interconnected SaaS ecosystems that modern organizations rely upon for daily operations.

Since its inception, Obsidian has demonstrated a consistent ability to attract top-tier institutional backing. The company's funding history reflects a disciplined expansion strategy, moving from its initial Series A round in 2017 through successive growth stages to its current Series D status. This progression highlights investor confidence in the firm's ability to address the escalating challenges of identity management and data security within the enterprise software stack.

What is Obsidian?

Obsidian
SoftwareSecurity Software

Obsidian operates at the intersection of cybersecurity and cloud infrastructure, providing a comprehensive platform that offers deep, contextual visibility into SaaS applications. As organizations migrate critical workflows to productivity suites, HR systems, and identity providers, the attack surface for sensitive data has expanded exponentially. Obsidian addresses this by creating a unified security layer that monitors and secures these complex environments, ensuring that enterprises can maintain operational agility without compromising their security posture. By mapping the intricate relationships between users, applications, and data, the platform enables security teams to proactively identify risks and mitigate threats in real-time.

How much funding has Obsidian raised?

Obsidian has raised a total of $204.5M across 4 funding rounds:

2017

Series A

$9.5M

2019

Series B

$20M

2022

Series C

$90M

2026

Series D

$85M

Series A (2017): $9.5M with participation from Greylock Partners

Series B (2019): $20M led by Wing VC, Greylock Partners, and GV

Series C (2022): $90M supported by IVP, Norwest Venture Partners, and Menlo Ventures

Series D (2026): $85M featuring Norwest, Wing Venture Capital, GV, Crescent Cove Advisors, Menlo Ventures, Greylock Partners, and IVP

Key Investors in Obsidian

Norwest

Norwest is a global venture and growth equity investment firm with over $15.5 billion in capital, dedicated to helping CEOs and founders scale their businesses across sectors including fintech and enterprise software.

Wing Venture Capital

Wing Venture Capital is an early-stage investor and long-term company builder that focuses on equipping founders with resources to develop innovative products in AI, data, and autonomous applications.

GV

GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, and frontier technology innovations globally.

What's next for Obsidian?

With the successful closure of its latest financing round, Obsidian is well-positioned to accelerate its product roadmap and expand its market reach. The company is expected to leverage this capital to deepen its technological capabilities, particularly in the areas of automated threat detection and identity-centric security. As the enterprise SaaS landscape continues to evolve, Obsidian's focus on providing a holistic understanding of application security will likely remain a key differentiator. The firm is poised to scale its operations, potentially targeting broader international markets and enhancing its integration ecosystem to support the next generation of enterprise digital transformation initiatives.

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Frequently Asked Questions Regarding Obsidian Financial Insights

What are the most recent funding rounds that Obsidian has completed, and what were the funding rounds?
Obsidian has recently completed 3 funding rounds: Series D on Aug 3, 2026, Series C on Apr 14, 2022, Series B on Feb 27, 2019.
What is the total amount of funding Obsidian has raised to date?
Obsidian has raised a total of $204.5M in funding to date.
How many funding rounds has Obsidian completed?
Obsidian has completed 3 funding rounds.
How much funding did Obsidian raise in its most recent funding round?
Obsidian raised $85M in its most recent funding round.
Who are the lead investors in Obsidian's latest funding round?
The lead investor in Obsidian's latest funding round was Norwest. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Obsidian's history?
The largest funding round in Obsidian's history was $90M.
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