About Courion
Courion is a Technology company based in Roswell (United States) founded in 1996, and was acquired by K1 Investment Management in February 2015. Identity governance and access management solutions are provided. Courion has raised $32.14 million across 7 funding rounds from investors including Saratoga Investment, Mission Critical Software and Paladin Capital. The company has 1 employees. Courion has completed 3 acquisitions, including Bay31, Core Security and SecureReset. Its chief executive, as recorded, is Priscilla Fray. Its Indian entity Courion It Private Limited reported revenue of ₹52.4 Lakh. The company was acqui-hired. Its focus areas include Enterprise Applications, GRC Software, Governance and Corporate Governance. Its competitors include Diligent, Teleport and Kona; 3 of its 3 listed competitors have raised funding.
Company details
Courion was founded in 1996 and is based in Roswell, United States. Identity governance and administration services are delivered, encompassing provisioning, governance processes, and access intelligence. Big data generated from organizational identity and access relationships is analyzed to support efficient user provisioning, risk identification and reduction, and ongoing compliance maintenance within the cybersecurity sector.
- Headquarters Roswell, United States
- Employees 1
- Stage Acquired
- SectorsTechnology
- Website courion.com
- Social LinkedIn
- Acquired by K1 Investment Management (Feb 2015)
- Legal Name Courion It Private Limited
- Date of Incorporation 22 Sep, 2009
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹52.4 Lakh
FY 2026 · +269% YoY
- Indian entity net profit₹35.8 Lakh
FY 2026 · 68% margin
- Indian entity EBITDA₹49.2 Lakh
FY 2026 · 94% margin
- Total Equity Funding$32.14M (USD)
in 7 rounds
- Latest Funding Round$15M (USD), Debt – Conventional
Dec 2015
- InvestorsSaratoga Investment
& 6 more
- Employee Count1
- Investments & AcquisitionsBay31
& 2 more
- Acquired byK1 Investment Management
(Feb 2015)
Associated legal entities of Courion
Courion operates through Courion It Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Courion It Private Limited CIN U72900PN2009PTC134698 | Active | 22 Sep 2009 | Pune, Maharashtra | ₹0.5 Cr | 2 | View details |
Funding Insights of Courion
Courion has successfully raised a total of $32.14M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $15 million completed in December 2015. 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 $32.14M
- Total Rounds 7
- Last Round Debt – Conventional — $15M
- First Round $4.1M
(May 1999)
- Investors Count 6
All 7 funding rounds of Courion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2015 | $15M | Debt – Conventional | – | – | |
| Mar 2012 | $280,000 | Series E | – | – | – |
| Feb 2011 | $560,000 | Series E | – | – | – |
| Nov 2004 | $5M | Series E | – | – | |
| Jan 2003 | $9M | Series D | – | – | |
| Nov 2000 | $13.2M | Series B | – | QuestMark Partners | |
| May 1999 | $4.1M | Series A | – | JMI Management | – |
7 investors in total: 7 institutional.
Investors in Courion
Courion has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Saratoga Investment, Mission Critical Software and Paladin Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm investing in the US | 2004 | saratogainvestmentcorp.com | New York, United States | |
Venture capital is invested in multiple sectors by Paladin Capital. | paladincapgroup.com | Washington, Dc, United States | ||
Expansion stage tech-focused VC firm investing primarily in the US | questm.com | Baltimore, United States | ||
Private equity firm investing in software companies | jmi.com | Baltimore, United States | ||
B2B enterprise SaaS investments are managed by K1 Investment Management. | k1.com | Manhattan Beach, United States | ||
| rcminvestments.com | ||||
Software development services for mission-critical systems are provided. | 1996 | missioncriticalsoftware.net | Glastonbury, United States |
Investor details for Courion
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Courion It Private Limited (Courion)
Courion It Private Limited is the primary company behind Courion. The board of Courion It Private Limited currently have 2 directors; the longest-serving is Nikhil Sahni, appointed in 2018. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Sahni DIN 03402805 | Director | 08 Oct 2018 | 8 yrs | Courion It Private Limited |
| Salesh Joseph DIN 09774280 | Director | 31 Oct 2022 | 4 yrs | Courion It Private Limited |
People of Courion
1 people are tracked at Courion (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Priscilla Fray | CEO | Leadership |
Complete people profiles for Courion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Courion
Figures of Courion It Private Limited, the primary company behind Courion, for FY 2026. Revenue was ₹52.4 Lakh (+269% year on year). Net profit was ₹35.8 Lakh (68% margin). EBITDA was ₹49.2 Lakh (94% margin). Revenue has grown at a compounded annual rate of +7% over three years and 0% over five years.
- ₹52.4 LakhRevenue · FY 2026 · +269% YoY
- ₹35.8 LakhNet profit · 68% margin
- ₹49.2 LakhEBITDA · 94% margin
- ₹1 LakhPaid-up capital
- +7%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Courion It Private Limited are on its company page.
Detailed financial statements for Courion
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Courion
Courion has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bay31, Core Security and SecureReset.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vulnerabilities are detected via penetration testing and access management. | coresecurity.com | Boston, United States | 1996 | Dec 2015 | •••• | |
Cloud-based multi-factor authentication is provided for enterprise password resets. | securereset.com | Halifax, Canada | 2009 | Nov 2015 | •••• | |
Access governance solutions are offered to organizations by Bay31. | bay31.com | Zug, Switzerland | 2011 | May 2015 | •••• |
Complete acquisition details for Courion
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Courion
7 dated milestones of Courion across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Courion is founded.
- Funding First funding round of $4.1M.
- Exit Acquired by K1 Investment Management.
- Acquisition Acquires Bay31.
- Acquisition Acquires SecureReset.
- Funding Latest funding round, Debt – Conventional, of $15.0M.
- Acquisition Acquires Core Security.
Competitors of Courion
Courion has 3 listed competitors in our database, 3 of them funded. They include Diligent, Teleport and Kona.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| diligent.com | 2001 | New York, United States | $22M | Diligent is recognized as a leader in GRC software solutions. | ||
| goteleport.com | 2015 | Oakland, United States | $169M | 46 | Cloud-based open-source software is provided for access to computing resources. | |
| heykona.com | 2018 | Los Angeles, United States | $5.12M | Employee engagement tools are provided for morale tracking and insights. |
Detailed competitors of Courion
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Courion
Websites that share an audience with Courion (courion.com).
Websites whose visitors overlap most with Courion. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| avatier.com | 100% | #1,250,663 | View details | ||
fischerinternational.com | fischerinternational.com | 100% | – | ||
| norman.com | 98% | View details | |||
| tripwire.com | 91% | 119.5K | #387,091 | View details | |
| fastpasscorp.com | 84% | 3.8K | #4,647,327 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Courion
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in GRC, Risk & Compliance Software
3 companies that operate in the same segment as Courion (GRC, Risk & Compliance Software) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | 350 |
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Frequently Asked Questions about Courion
Courion was founded in 1996 and raised its 1st funding round 3 years after it was founded.
Courion is headquartered in Roswell, United States.
Priscilla Fray is the CEO of Courion, as recorded in our data.
Courion is a funded company, having raised a total of $32.14M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.1M, raised on May 1999.
Courion has 1 employees.
The primary company behind Courion, Courion It Private Limited, reported revenue of ₹52.4 Lakh for FY 2026, up 269% year on year.
Courion was founded in 1996 and is based in Roswell, United States. Identity governance and administration services are delivered, encompassing provisioning, governance processes, and access intelligence. Big data generated from organizational identity and access relationships is analyzed to support efficient user provisioning, risk identification and reduction, and ongoing compliance maintenance within the cybersecurity sector.
Courion has made 3 acquisitions, including Bay31, Core Security, and SecureReset.
Courion has 7 investors. Key investors include Saratoga Investment, Mission Critical Software, Paladin Capital, QuestMark Partners, and Riggs Capital Management LLC.
Courion operates through Courion It Private Limited.
Yes. Courion was acquired by K1 Investment Management in February 2015.