What is PlainID?
PlainID is at the forefront of authorization solutions, empowering organizations to accelerate business growth through its Policy Manager and Partner Manager product lines. Founded in 2014 by seasoned security technologists, PlainID addresses the complex challenges businesses face when scaling Identity and Access Management (IAM) capabilities. The company's innovative approach consolidates enterprise authorizations into a single, manageable viewpoint, making authorization processes straightforward for 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, Springtide Ventures, Viola Group, and iAngels
Unspecified (2020): $11M led by iAngels, Vintage Investment Partners, Capri Ventures, Springtide Ventures, Viola Group, and INCapital Ventures
Series C (2021): $75M supported by Insight Partners
Key Investors in PlainID
iAngels
iAngels Crowd Ltd is a venture capital firm based in Israel, specializing in early-stage investments and operating within the Venture Capital & Private Equity industry.
Vintage Investment Partners
Vintage Partners is a commercial real estate development and investment company focused on adaptive reuse and asset revitalization, based in Scottsdale, Arizona.
Viola Group
Viola Group is Israel's leading technology investment group, managing over $6 billion in assets and supporting Israeli entrepreneurs through its multi-strategy investment approach across various technology sectors.
What's next for PlainID?
The significant enterprise-level funding PlainID has garnered, particularly its recent major strategic investment, positions the company for accelerated scaling and market expansion. This capital infusion is expected to fuel further development of its authorization platform, enhance its go-to-market strategies, and solidify its leadership in the IAM space. PlainID's focus on simplifying complex authorization frameworks suggests a continued trajectory of innovation and market penetration.
See full PlainID company page
