Ping Identity

Edinburgh, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By Ping Identity
Identity and access management solutions are provided.

About Ping Identity

Ping Identity is a Technology company based in Edinburgh (United Kingdom) founded in 2012, and was acquired by Ping Identity in November 2020. Identity and access management solutions are provided. It operates on a SaaS (Software-as-a-Service) model. The company has 22 employees. Its Indian entity Ping Identity India Private Limited reported revenue of β‚Ή101 Cr. Ping Identity offers products and services including PingAuthorize. Its focus areas include Software and Identity and Access Management.

Company details

Ping Identity is engaged in providing identity and access management solutions through its flagship product, PingAuthorize. This software is designed to offer dynamic authorization by creating and enforcing centralized access policies. It operates across various sectors, ensuring compliance with data privacy regulations like GDPR and HIPAA. Solutions are provided to enhance security, improve business agility, and manage fine-grained data access at API and datastore levels. Deployment options include cloud and software configurations, aligning with modern IT needs.

  • Headquarters Edinburgh, United Kingdom
  • Employees 22
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website symphonicsoft.com
  • Social LinkedIn X
  • Acquired by Ping Identity (Nov 2020)
  • Legal Name Ping Identity India Pvt Ltd.
  • Date of Incorporation 31 Aug, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹101 Cr

    FY 2025 · +98% YoY

  • Indian entity net profit
    ₹9.11 Cr

    FY 2025 · 9% margin

  • Indian entity EBITDA
    ₹15.45 Cr

    FY 2025 · 15% margin

  • Investors
  • Employee Count
    22
  • Acquired by
    Ping Identity

    (Nov 2020)

Products & Services of Ping Identity

Ping Identity offers a comprehensive portfolio of products and services, including PingAuthorize.

PingAuthorize
Identity and Access Management

Dynamic authorization is provided for secure data access.

Funding Insights of Ping Identity

  • Total Rounds 2
  • First Round $202,195

    (Jan 2017)

  • Investors Count 4

All 2 funding rounds of Ping Identity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019Series A–Maven Capital Partners
Jan 2017$202,195Grant––
Valuation history

5 investors in total: 5 institutional.

Investors in Ping Identity

Ping Identity has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Ping Identity, Scottish Enterprise and Maven Capital Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are targeted for private equity investments.
2005mavencp.comBirmingham, United Kingdom
Venture capital and natural capital investments are managed by Par Equity.
2008parequity.comEdinburgh, United Kingdom
Business development and leadership training programs are offered to companies.
1991scottish-enterprise.comGlasgow, United Kingdom
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
Cloud-based identity management solutions are provided for enterprises.
2002pingidentity.comDenver, United States
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Investor details for Ping Identity

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Board of directors of Ping Identity India Private Limited (Ping Identity)

Ping Identity India Private Limited is the primary company behind Ping Identity. The board of Ping Identity India Private Limited currently have 2 directors; the longest-serving is Raj M Dani, appointed in 2022. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Raj M Dani
DIN 09597621
Director06 May 20224 yrs 6 moPing Identity India Private Limited
Sandeep Goyal
DIN 10596496
Whole-time director02 May 20242 yrs 6 moPing Identity India Private Limited

Financials of Ping Identity

Figures of Ping Identity India Private Limited, the primary company behind Ping Identity, for FY 2025. Revenue was ₹101 Cr (+98% year on year). Net profit was ₹9.11 Cr (9% margin). EBITDA was ₹15.45 Cr (15% margin). Revenue has grown at a compounded annual rate of +78% over three years and +37% over five years.

  • ₹101 CrRevenue · FY 2025 · +98% YoY
  • ₹9.11 CrNet profit · 9% margin
  • ₹15.45 CrEBITDA · 15% margin
  • ₹1 LakhPaid-up capital
  • 77Employees (provident fund records)
  • +78%Revenue CAGR, 3 years
  • +37%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ping Identity India Private Limited are on its company page.

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Detailed financial statements for Ping Identity

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Timeline of Ping Identity

4 dated milestones of Ping Identity across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ping Identity is founded.
  2. Funding First funding round of $202K.
  3. Funding Latest funding round, Series A,.
  4. Exit Acquired by Ping Identity.
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Frequently Asked Questions about Ping Identity

Ping Identity was founded in 2012 and raised its 1st funding round 5 years after it was founded.

Ping Identity is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.

Ping Identity has 22 employees.

The primary company behind Ping Identity, Ping Identity India Private Limited, reported revenue of β‚Ή101 Cr for FY 2025, up 98% year on year.

Ping Identity is engaged in providing identity and access management solutions through its flagship product, PingAuthorize. This software is designed to offer dynamic authorization by creating and enforcing centralized access policies. It operates across various sectors, ensuring compliance with data privacy regulations like GDPR and HIPAA. Solutions are provided to enhance security, improve business agility, and manage fine-grained data access at API and datastore levels. Deployment options include cloud and software configurations, aligning with modern IT needs.

Ping Identity offers PingAuthorize.

Ping Identity has 5 investors. Key investors include Ping Identity, Scottish Enterprise, Maven Capital Partners, European Union, and Par Equity.

Ping Identity operates through Ping Identity India Private Limited.

Yes. Ping Identity was acquired by Ping Identity in November 2020.

The legal entities of Ping Identity currently have 2 directors, including Raj M Dani, Sandeep Goyal.

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