About Thycotic
Thycotic is a company based in Washington (United States) founded in 1996 was acquired by TPG in March 2021. Thycotic has raised $9.56 million across 1 funding round from investors including TPG and Insight Partners. Thycotic has completed 3 acquisitions, including Arellia, Cyber Algorithms and Onion ID. Thycotic offers products and services including Secret Server, Account Lifecycle Manager, Privilege Manager, and Privileged Behavior Analytics. Thycotic operates in a competitive market with competitors including CyberArk, Imprivata, Bomgar, Centrify and BeyondTrust, among others.
- Headquarter Washington, United States
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Thycotic Software Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9.56 M (USD)
in 1 rounds
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Latest Funding Round
$9.56 M (USD), Series A
Sep 12, 2019
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Investors
TPG
& 1 more
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Employee Count
Not available
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Investments & Acquisitions
Arellia
& 2 more
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Acquired by
TPG
(Mar 02, 2021)
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Products & Services of Thycotic
Thycotic offers a comprehensive portfolio of products and services, including Secret Server, Account Lifecycle Manager, Privilege Manager, and Privileged Behavior Analytics.
Manages and audits privileged account access securely.
Discovers and secures service accounts effectively.
Controls privileges on workstations and servers.
Detects anomalies in privileged account behavior.
People of Thycotic
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Sales and Marketing
36 people
Software Development Team
35 people
Leadership Team
27 people
Product Management Team
14 people
Human Resources and Administration
11 people
Senior Team
9 people
Strategic Team
7 people
Finance and Accounting
7 people
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Funding Insights of Thycotic
Thycotic has successfully raised a total of $9.56M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.56 million completed in September 2019. 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.
Investors in Thycotic
Thycotic has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TPG and Insight Partners.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Locked | Locked | Locked | |
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Fund of funds focused on pre-seed and seed-stage companies
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Locked | Locked | Locked |
Investor details for Thycotic
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Investments & Acquisitions by Thycotic
Thycotic has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Arellia, Cyber Algorithms and Onion ID.
Investment portfolio details for Thycotic
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Big data analytics based threat detection in enterprise network
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Locked | Locked | 2015 | Locked | |
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Machine learning-driven privileged identity and access management is offered.
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Locked | Locked | 2015 | Locked | |
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Endpoint security remediation for Windows systems is offered.
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Locked | Locked | 2009 | Locked |
Complete acquisition details for Thycotic
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- Domains and locations
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Financial Statements - Thycotic
Detailed financials for Thycotic
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- Profit trends
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Thycotic Comparisons
Peer comparison for Thycotic
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Competitors of Thycotic
Thycotic 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 CyberArk, Imprivata, Bomgar, Centrify and BeyondTrust, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Identity security solutions are provided to secure identities across infrastructures.
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Cloud-based authentication and secure communication solutions are provided for enterprises.
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| Locked | Locked | Locked |
Privilege access management and remote support solution
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| Locked | Locked | Locked |
Privileged access management solutions are provided for hybrid enterprises.
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| Locked | Locked | Locked |
Cloud-based privileged IAM solutions are delivered for secure access control.
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| Locked | Locked | Locked |
Privileged access management and identity security solutions are provided.
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Detailed competitors of Thycotic
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Verified entity values are shown only after access is granted.
Latest news on Thycotic
Complete news archive for Thycotic
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Frequently Asked Questions about Thycotic
Thycotic was founded in 1996 and raised its 1st funding round 23 years after it was founded.
Thycotic is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Thycotic is a funded company, having raised a total of $9.56M across 1 funding round to date.
Thycotic was founded in 1996 as a provider in the cybersecurity sector, focusing on privileged access management. Privileged accounts, including Windows local admin accounts, UNIX root accounts, and service accounts, are stored in an encrypted web-based repository. Integration with Active Directory is enabled, and passwords are changed automatically across networks to enhance security controls.
Thycotic's top competitors include CyberArk, Imprivata and BeyondTrust.
Thycotic offers Secret Server, Account Lifecycle Manager, Privilege Manager, and Privileged Behavior Analytics.
Thycotic has made 3 acquisitions, including Arellia, Cyber Algorithms, and Onion ID.
Thycotic has 2 investors. Key investors include TPG, and Insight Partners.