How Much Did Identity Automation Raise?
Funding & Key Investors

Identity Automation has secured $5.3M in total capital, with its most recent funding round bringing in $2M in a major strategic investment. This significant financial backing underscores the company's established position and its ongoing growth trajectory within the identity and access management sector.

What is Identity Automation?

Identity Automation
SoftwareSecurity Software

Identity Automation specializes in providing robust identity and access management (IAM) solutions tailored for the K-12 and higher education sectors. Its core platform, RapidIdentity, is designed to enhance security within educational environments, optimize instructional time by streamlining access, and reduce the operational burden on Information & Educational Technology departments. Educational technology leaders rely on RapidIdentity for its advanced security features, automated processes, and adaptable framework for managing digital identities. Founded in 2004 and headquartered in Houston, Texas, the company has established itself as a key player in securing digital learning ecosystems.

How much funding has Identity Automation raised?

Identity Automation has raised a total of $5.3M across 2 funding rounds:

2016

Debt

$3.3M

2020

Debt

$2M

Debt (2016): $3.3M, investors not publicly disclosed

Debt (2020): $2M led by PPP

What's next for Identity Automation?

The recent major strategic investment signals a pivotal moment for Identity Automation, suggesting a focus on scaling operations, expanding market reach, and potentially enhancing its platform's capabilities. This enterprise-level funding is indicative of the company's maturity and its strategic importance in the education technology landscape. Future developments are likely to involve further innovation in IAM solutions, deeper integration within educational institutions, and potentially exploring new market segments or partnerships to solidify its leadership position.

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Frequently Asked Questions Regarding Identity Automation Financial Insights

What are the most recent funding rounds that Identity Automation has completed, and what were the funding rounds?
Identity Automation has recently completed 2 funding rounds: Debt on Apr 10, 2020, Debt on Aug 16, 2016.
What is the total amount of funding Identity Automation has raised to date?
Identity Automation has raised a total of $5.3M in funding to date.
How many funding rounds has Identity Automation completed?
Identity Automation has completed 2 funding rounds.
How much funding did Identity Automation raise in its most recent funding round?
Identity Automation raised $2M in its most recent funding round.
Who are the lead investors in Identity Automation's latest funding round?
The lead investor in Identity Automation's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Identity Automation's history?
The largest funding round in Identity Automation's history was $3.3M.
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