Saviynt secures US$700M in funding, supporting global expansion in identity security

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Rei Fortes

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4 months ago

Saviynt secures US$700m in funding supporting identity security expansion globally

Singapore – Saviynt, an enterprise platform provider specialising in identity security and governance, has raised US$700m in its latest Series B growth equity round, placing the company’s valuation at an estimated US$3b. 

The investment was led by KKR, with participation from Sixth Street Growth and TenEleven, alongside additional capital from existing investor Carrick Capital Partners. The funding reflects growing confidence in identity-centric security as a critical layer for organisations adopting large-scale AI technologies.

The company provides an AI-driven platform that oversees and protects access for human users, automated systems, digital workloads, and AI-generated identities across enterprise systems, data environments, and cloud infrastructure. 

Saviynt’s technology brings together identity governance, privileged access controls, application-level oversight, identity posture management, and access gateways, aiming to streamline compliance processes and strengthen security as organisations shift further towards cloud-based and AI-enabled operations.

“The demand for secure, governed identity has never been greater, and this growth investment gives us the resources to meet it head-on,” Sachin Nayyar, founder & CEO of Saviynt, stated. 

He added, “We chose to strategically partner with KKR and Sixth Street Growth because they understand how central identity has become to enterprise AI strategies, and they have long track records of helping category leaders scale globally.”

The rapid emergence of AI agents, autonomous workflows, machine-to-machine processes, and continuous decision-making systems has increased the need for identity-first security frameworks. 

“Saviynt has built one of the most advanced and comprehensive identity security platforms in the market, purpose-built for the AI era,” Ben Pederson, managing director at KKR, commented. 

He added, “The company is redefining how organisations secure their digital ecosystems, and we look forward to this strategic partnership to help further scale Saviyant’s platform globally and advance their next-generation AI capabilities.”

The newly secured funding will be used to accelerate research and development, support the creation of AI-based tools that assist organisations moving away from legacy identity systems, and increase integration across cloud platforms, software providers, professional services firms, and value-added resellers.

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