What is PlainID?
Founded in 2014, PlainID has established itself as the Authorization Company, addressing the inherent friction in scaling IAM capabilities. The firm provides a sophisticated suite of products, including its flagship Policy Manager and Partner Manager, which allow organizations to streamline access control across diverse digital environments. By reducing enterprise-wide authorization to a single, manageable point of view, PlainID enables businesses to enhance security posture while simultaneously increasing operational agility. The company's market position is defined by its ability to translate complex security requirements into plain, actionable business logic, effectively bridging the gap between technical security teams and business owners.
How much funding has PlainID raised?
PlainID has raised a total of $97M across 3 funding rounds:
Series A
$11M
Unspecified
$11M
Series C
$75M
Series A (2019): $11M with participation from Capri Ventures, Viola Group, iAngels, and Springtide Ventures
Unspecified (2020): $11M led by Springtide Ventures, Vintage Investment Partners, iAngels, INCapital Ventures, Viola Group, and Capri Ventures
Series C (2021): $75M supported by Insight Partners
Key Investors in PlainID
Insight Partners
A leading global venture capital and private equity firm that invests in high-growth technology and software companies, providing deep operational support to help portfolio leaders scale effectively.
Viola Group
Israel's premier technology investment group managing over $6 billion in assets, specializing in multi-strategy support for transformational technology and FinTech companies.
iAngels
A venture capital platform that provides investors with access to high-growth Israeli startups, focusing on early-to-growth stage technology ventures with significant market potential.
What's next for PlainID?
With the recent influx of capital, PlainID is well-positioned to scale its operations and deepen its technological moat within the global IAM market. The company is expected to prioritize the expansion of its product ecosystem, focusing on advanced policy orchestration and automated compliance features that cater to the needs of large-scale, distributed enterprises. As organizations continue to navigate the complexities of zero-trust architectures and hybrid cloud environments, PlainID's strategic roadmap emphasizes the democratization of authorization management. This growth trajectory suggests a continued focus on international market penetration and the development of strategic partnerships to solidify its status as the industry standard for authorization-as-a-service.
See full PlainID company page
