About Authomize
Authomize is a company based in Tel Aviv (Israel) founded in 2019 by Ron Liberman and Gal Diskin was acquired by DELinea in January 2024.. Authomize has raised $22 million across 2 funding rounds from investors including DELinea, Innovation Endeavors and Blumberg Capital. Authomize offers products and services including Secret Server, Privilege Manager, Account Lifecycle Manager, Privileged Behavior Analytics, and Delinea Platform. Authomize operates in a competitive market with competitors including Authzed, Descope, Clerk, GlobaliD and Trinsic, among others.
- Headquarter Tel Aviv, Israel
- Founders Ron Liberman, Gal Diskin
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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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Products & Services of Authomize
Authomize offers a comprehensive portfolio of products and services, including Secret Server, Privilege Manager, Account Lifecycle Manager, Privileged Behavior Analytics, and Delinea Platform. 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.
Manages and audits privileged account access securely
Controls privileges on workstations and applications
Secures and provisions service accounts efficiently
Detects anomalies in privileged account behavior
Extends PAM with just-in-time access controls
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Funding Insights of Authomize
Authomize has successfully raised a total of $22M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in May 2021. 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 2
- Last Round Series A — $16.0M
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First Round
First Round
(23 Jun 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series A - Authomize | Valuation | Innovation Endeavors | |
| Jun, 2020 | Amount | Seed - Authomize | Valuation | Blumberg Capital , M12 |
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| 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 Authomize
Authomize has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include DELinea, Innovation Endeavors and Blumberg Capital. 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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Early-stage technology investments are targeted by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early and growth stage technology companies.
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Investments are directed toward pre-seed to Series C technology companies.
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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 Authomize
| 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 - Authomize
| 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 |
Authomize Comparisons
Competitors of Authomize
Authomize 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 Authzed, Descope, Clerk, GlobaliD and Trinsic, 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 |
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| domain | founded_year | HQ Location |
Cloud-based API for user authorization is offered.
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| domain | founded_year | HQ Location |
A customer identity and access management platform is provided.
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| domain | founded_year | HQ Location |
Clerk is focused on providing authentication and user management solutions.
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| domain | founded_year | HQ Location |
User-managed identity and access control solutions are provided securely.
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| domain | founded_year | HQ Location |
Credential verification and monitoring are enabled by a cloud-based platform.
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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 Authomize
Frequently Asked Questions about Authomize
When was Authomize founded?
Authomize was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Authomize located?
Authomize is headquartered in Tel Aviv, Israel.
Is Authomize a funded company?
Authomize is a funded company, having raised a total of $22M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Jun 23, 2020.
What does Authomize do?
Authomize was founded in 2019 in Tel Aviv, Israel, focusing on the cybersecurity sector. A cloud-based platform is offered for identity threat detection and response. Identities, access, and privileges are continuously monitored and secured across hybrid environments. Operations emphasize automation in authorization management to address potential risks in organizational settings.
Who are the top competitors of Authomize?
What products or services does Authomize offer?
Authomize offers Secret Server, Privilege Manager, Account Lifecycle Manager, Privileged Behavior Analytics, and Delinea Platform.
Who are Authomize's investors?
Authomize has 5 investors. Key investors include DELinea, Innovation Endeavors, Blumberg Capital, Entree Capital, and M12.
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