How Much Did PlainID Raise?
Funding & Key Investors

PlainID, a prominent player in the identity and access management sector, has successfully secured significant capital to accelerate its market expansion. With a cumulative total funding amount reaching $97M, the company continues to demonstrate robust growth trajectories. The most recent strategic investment of $75M underscores the confidence institutional backers place in the firm's unique approach to simplifying complex enterprise authorization frameworks.

What is PlainID?

PlainID
SoftwareSecurity Software

PlainID is recognized as the Authorization Company, providing cutting-edge solutions that streamline how organizations manage access policies. By offering specialized product lines such as the Policy Manager and Partner Manager, the company addresses the critical friction points businesses encounter when scaling their IAM capabilities. Founded in 2014 by seasoned security technologists, PlainID has pioneered a design philosophy that consolidates enterprise authorizations into a single, intuitive point of view. This methodology allows business owners to maintain granular control while reducing the operational overhead typically associated with legacy security architectures. As the digital perimeter continues to dissolve, PlainID's focus on making authorization plain and simple positions it as a vital component of the modern enterprise security stack.

How much funding has PlainID raised?

PlainID has raised a total of $97M across 3 funding rounds:

2019

Series A

$11M

2020

Unspecified

$11M

2021

Series C

$75M

Series A (2019): $11M with participation from Capri Ventures, Viola Group, Springtide Ventures, and iAngels

Unspecified (2020): $11M led by Vintage Investment Partners, Capri Ventures, Springtide Ventures, iAngels, Viola Group, and INCapital Ventures

Series C (2021): $75M supported by Insight Partners

Key Investors in PlainID

Insight Partners

A 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 leading technology investment group managing over $6 billion in assets, supporting transformational companies through a multi-strategy approach across various development stages.

iAngels

A venture capital firm that provides investors with access to high-growth technology startups, focusing on early-to-growth stage companies with significant market potential.

What's next for PlainID?

Following this major strategic investment, PlainID is well-positioned to deepen its penetration into the global enterprise market. The company is expected to leverage this capital to enhance its product roadmap, focusing on advanced automation and integration capabilities that cater to increasingly complex hybrid cloud environments. By prioritizing scalability and user-centric policy management, PlainID aims to solidify its leadership in the authorization space, ensuring that security remains an enabler of business agility rather than a bottleneck. Future growth will likely involve expanding its partner ecosystem and further refining its core technology to meet the evolving compliance and security demands of large-scale organizations worldwide.

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Frequently Asked Questions Regarding PlainID Financial Insights

What are the most recent funding rounds that PlainID has completed, and what were the funding rounds?
PlainID has recently completed 3 funding rounds: Series C on Dec 21, 2021, Unspecified on Dec 17, 2020, Series A on Oct 7, 2019.
What is the total amount of funding PlainID has raised to date?
PlainID has raised a total of $97M in funding to date.
How many funding rounds has PlainID completed?
PlainID has completed 3 funding rounds.
How much funding did PlainID raise in its most recent funding round?
PlainID raised $75M in its most recent funding round.
Who are the lead investors in PlainID's latest funding round?
The lead investor in PlainID's latest funding round was Insight Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PlainID's history?
The largest funding round in PlainID's history was $75M.
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