About Aembit
Aembit is a company based in Silver Spring (United States) founded in 2021 by David M Goldschlag and Kevin Sapp.. Aembit has raised $59.65 million across 5 funding rounds from investors including Okta, CrowdStrike and Ballistic Ventures. Aembit offers products and services including Workload IAM Platform, Secretless Access, and Identity Federation. Aembit operates in a competitive market with competitors including Signicat, Entrust, TeleSign, Nect and Incode, among others.
- Headquarter Silver Spring, United States
- Founders David M Goldschlag, Kevin Sapp
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59.65 M (USD)
in 5 rounds
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Latest Funding Round
$25 M (USD), Series A
Jul 16, 2024
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Investors
Okta
& 5 more
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Employee Count
Employee Count
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Products & Services of Aembit
Aembit offers a comprehensive portfolio of products and services, including Workload IAM Platform, Secretless Access, and Identity Federation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secures non-human identities with secretless, policy-based access
Injects short-lived credentials for just-in-time access
Enables access to clouds without long-term credentials
Unlock access to complete
Funding Insights of Aembit
Aembit has successfully raised a total of $59.65M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $25.0M
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First Round
First Round
(17 Mar 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Aembit | Valuation | Acrew Capital | |
| Oct, 2023 | Amount | Seed - Aembit | Valuation | CrowdStrike | |
| Jun, 2023 | Amount | Seed - Aembit | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aembit
Aembit has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Okta, CrowdStrike and Ballistic Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funding is provided to cybersecurity startups by Ballistic Ventures.
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Founded Year | Domain | Location | |
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Early & growth stage centric tech-focused VC firm investing in cybersecurity startups
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Acrew Capital venture firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aembit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aembit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aembit Comparisons
Competitors of Aembit
Aembit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Signicat, Entrust, TeleSign, Nect and Incode, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software solutions for identity management are provided via APIs.
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| domain | founded_year | HQ Location |
Provider of digital identity management solutions
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| domain | founded_year | HQ Location |
Cloud-based API for user verification and risk assessment is provided.
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| domain | founded_year | HQ Location |
Identity verification solutions with ID scans and validation are offered.
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| domain | founded_year | HQ Location |
AI-powered biometric verification and authentication solutions are delivered globally.
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| domain | founded_year | HQ Location |
Federated identity management solutions are provided for various industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aembit
Frequently Asked Questions about Aembit
When was Aembit founded?
Aembit was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Aembit located?
Aembit is headquartered in Silver Spring, United States. It is registered at Silver Spring, Maryland, United States.
Who is the current CEO of Aembit?
David M Goldschlag is the current CEO of Aembit. They have also founded this company.
Is Aembit a funded company?
Aembit is a funded company, having raised a total of $59.65M across 5 funding rounds to date. The company's 1st funding round was a Seed of $13.9M, raised on Mar 17, 2022.
What does Aembit do?
Founded in 2021 and based in Silver Spring, United States, Aembit operates in the cybersecurity sector. Access for non-human identities, including applications and services, is secured across cloud, SaaS, and on-premise environments. Long-lived credentials are eliminated through short-lived, just-in-time tokens. Policy-based controls, machine multi-factor authentication, and audit logs are implemented for security and compliance. Integration with existing infrastructure is supported, while credential management is simplified.
What products or services does Aembit offer?
Aembit offers Workload IAM Platform, Secretless Access, and Identity Federation.
Who are Aembit's investors?
Aembit has 6 investors. Key investors include Okta, CrowdStrike, Ballistic Ventures, Ten Eleven Ventures, and Acrew Capital.
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