About Permit.io
Permit.io is a company based in Beit Dagan (Israel) founded in 2020.. Permit.io has raised $14 million across 2 funding rounds from investors including NFX Digital, Scale Venture Partners and Verissimo Ventures. Permit.io offers products and services including Policy-as-Code Platform, APIs and SDKs, and UI Editor. Permit.io operates in a competitive market with competitors including Styra, Stormpath, Ngrok, Cerbos and ZITADEL, among others.
- Headquarter Beit Dagan, Israel
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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
$14 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Feb 15, 2024
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Investors
NFX Digital
& 9 more
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Employee Count
Employee Count
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Products & Services of Permit.io
Permit.io offers a comprehensive portfolio of products and services, including Policy-as-Code Platform, APIs and SDKs, and UI Editor. 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.
Tool for creating and managing access policies through code and APIs.
Interfaces for integrating authorization into applications securely.
No-code editor for configuring permission policies visually.
Unlock access to complete
Funding Insights of Permit.io
Permit.io has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in February 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 2
- Last Round Series A — $8.0M
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First Round
First Round
(15 Feb 2023)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Permit.io | Valuation | Scale Venture Partners | |
| Feb, 2023 | Amount | Series A - Permit.io | Valuation | NFX Digital |
| 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 Permit.io
Permit.io has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include NFX Digital, Scale Venture Partners and Verissimo 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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Early-stage venture capital investments are focused on US companies.
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by Verissimo Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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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 Permit.io
| 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 - Permit.io
| 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 |
Permit.Io Comparisons
Competitors of Permit.io
Permit.io 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 Styra, Stormpath, Ngrok, Cerbos and ZITADEL, 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 |
Authorization and security solutions for cloud environments are provided.
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| domain | founded_year | HQ Location |
Authorization management solutions for web and mobile apps are provided.
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| domain | founded_year | HQ Location |
Platform offering authorization management software
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| domain | founded_year | HQ Location |
Frameworks for authorization in applications are provided by Cerbos.
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| domain | founded_year | HQ Location |
Open source identity management platform is provided for developers.
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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 Permit.Io
Frequently Asked Questions about Permit.io
When was Permit.io founded?
Permit.io was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Permit.io located?
Permit.io is headquartered in Beit Dagan, Israel. It is registered at Beit Dagan, Central District, Israel.
Is Permit.io a funded company?
Permit.io is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Feb 15, 2023.
What does Permit.io do?
Cloud-based permissions and access control solutions for applications. It provides a cyber security platform that offers full Stack permissions as a service to empower developers to bake in permissions and access control into any product and removes the pain of constantly rebuilding.
Who are the top competitors of Permit.io?
What products or services does Permit.io offer?
Permit.io offers Policy-as-Code Platform, APIs and SDKs, and UI Editor.
Who are Permit.io's investors?
Permit.io has 10 investors. Key investors include NFX Digital, Scale Venture Partners, Verissimo Ventures, Roosh, and Firestreak Ventures.