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Saviynt provides a cloud-based identity security and access governance platform that helps organizations manage digital identities for employees, vendors, and machines. It offers identity governance and administration, third-party access governance, and cloud privileged access management, using automated workflows and identity analytics to reduce risks and maintain audit readiness. The product helps enterprises implement governance from the start, minimize separation-of-duty risks across apps, and stay compliant while lowering costs through a subscription model and scalable deployment across diverse industries.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
Series B
Total Funding
$1.1B
Headquarters
El Segundo, California
Founded
2010
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Total Funding
$1.1B
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Remote Work Options
Flexible Work Hours
Carrick Capital Partners closed a $600 million single-asset continuation vehicle for identity security firm Saviynt on 31 August 2026, including a $255 million new investment — the largest in Carrick's history. The structure allowed existing limited partners to either roll equity into the vehicle or realise an 11x gross multiple on Carrick's initial investment. Coller Capital led the vehicle, with HSBC Asset Management as co-lead. The investment formed part of Saviynt's Series B final close and funded a tender offer for employee liquidity. Saviynt recently surpassed $300 million in annual recurring revenue, up from approximately $10 million at Carrick's initial investment. The company has grown bookings by over 80% this year whilst maintaining 96% customer retention. Carrick led Saviynt's $35 million Series A and remained its sole institutional investor until December 2025, when Saviynt raised $700 million at a $3 billion valuation, led by KKR.
Carrick Capital closes $600M continuation vehicle, commits $255M to Saviynt - unite.ai. Carrick Capital Partners said on August 31, 2026 that it has closed a single-asset continuation vehicle for identity security company Saviynt with approximately $600 million in capital commitments, including a new $255 million investment that the firm described as the largest in its history. According to the announcement from the San Francisco and Newport Beach-based growth investment firm, the new vehicle gave Carrick's existing limited partners the option to roll their equity into the continuation vehicle or realize an 11x gross multiple (10x net) on invested capital from Carrick's initial investment in Saviynt. Coller Capital was the lead investor in the vehicle, and HSBC Asset Management acted as co-lead investor. Carrick said the $255 million commitment included meaningful participation from the firm's general partners. How the transaction is structured. Carrick's new investment was made as part of the final close of Saviynt's Series B financing and helped fund a tender offer that provided liquidity to Saviynt employees. The firm said the combined transactions extend its partnership with the identity security company and align it with Saviynt's management team and the company's new Series B investors. A continuation vehicle allows a private equity or growth investor to move an existing portfolio holding into a newly capitalized fund structure, giving current limited partners a choice between cashing out and maintaining exposure to the asset. In this case, Carrick framed the structure around its long-term conviction in Saviynt. Marc McMorris, Carrick's Co-CEO, said the firm's limited partners entrust it to source companies early, concentrate behind its highest-conviction ideas, and build value through operating performance. He said the transaction provided limited partners "a meaningful realization alongside the choice to stay invested in the Company's next chapter." Co-CEO Jim Madden added that the caliber of investors backing the vehicle spoke to the strength of both Saviynt and the Carrick model. Robert W. Baird & Co. served as financial advisor to Carrick. Proskauer Rose LLP served as legal counsel on the continuation vehicle, and Latham & Watkins LLP served as legal counsel on the new investment. Carrick's history with Saviynt. Carrick said it identified Saviynt through its thematic sourcing work in cybersecurity and built a relationship with the founding team before the company raised institutional capital. Carrick led Saviynt's $35 million Series A and remained the company's only institutional investor until its Series B, supporting it with follow-on financings and working with management on leadership expansion, go-to-market, and board development through what the firm calls its ABV, or Approach to Building Value. That Series B arrived on December 9, 2025, when Saviynt announced a $700 million growth equity financing at a valuation of approximately $3 billion. Funds managed by KKR led that round, with participation from Sixth Street Growth and TenEleven, alongside new funding from Carrick as the existing Series A investor. Saviynt said at the time that it had expanded to more than 600 global enterprise customers representing over 20% of Fortune 100 companies, and that the capital would accelerate product development and deepen integrations with hyperscalers, software and SaaS platforms, professional services firms, and value-added resellers. Saviynt's Growth and its AI identity platform. Carrick's announcement said Saviynt recently surpassed $300 million in annual recurring revenue, up from approximately $10 million at the time of Carrick's initial investment, and that the company has grown bookings by more than 80% this year while maintaining a 96% customer retention rate. In a July 28, 2026 announcement, Saviynt also launched Zuma, an enterprise AI identity security platform the company describes as a unified control plane to discover, protect, and govern AI agents, large language models, and non-human identities alongside the human workforce. According to Saviynt, Zuma is organized into three components. Zuma Insights continuously discovers AI agents, LLMs, AI-based applications, and non-human identities across an enterprise, mapping what they access and who owns them. Zuma Access evaluates agent intent, context, permissions, and risk at runtime so that AI agents are authorized only for the actions a specific task requires. Zuma Governance establishes ownership, lifecycle controls, policy guardrails, access reviews, and audit-ready evidence for AI agents and non-human identities. Zuma extends the Saviynt Identity Cloud, which converges identity governance and administration, privileged access management, application access governance, and identity security posture management. Saviynt said Zuma is available now, with a free trial offered. "The defining security problem of the AI era is that enterprises are now accountable for AI agents and non-human identities that act at machine speed," said Sachin Nayyar, Founder and CEO of Saviynt. "The platform we have built solves this problem by providing visibility, protection, and governance." Nayyar said Carrick has been a partner since the company's first institutional round and that the new capital commitment strengthens Saviynt's ability to move faster for customers. Chris Wenner, Managing Director at Carrick and a Saviynt board member, said the firm underwrote the thesis years ago that identity would become the control plane of enterprise security, and that the AI era has proven it. He said Carrick is "tripling down" because it believes Saviynt will be the leader in unified identity. Carrick said the new capital positions Saviynt to accelerate product development across the Identity Cloud and Zuma, extend its work in AI and agentic identity security, and deepen integrations with hyperscalers, SaaS platforms, and global systems integrators, while continuing to serve its enterprise customer base worldwide.
Simeio achieves industry milestone as Saviynt's first Certified PAM Delivery Partner. Certified delivery partner status underscores the company's expertise in delivering real-world Privileged Access Management outcomes that strengthen identity security and reduce cyber risk. ALPHARETTA, Ga - Aug. 26, 2026 - Simeio, a global leader in Identity Security Services, today announced that it is the first recipient of Saviynt's inaugural Certified Privileged Access Management (PAM) Delivery Partner program. The certification status validates the company's ability to successfully design, implement, and deliver enterprise-grade privileged access security solutions for customers. In the modern cybersecurity world, Privileged Access Management remains one of the most critical controls. Organizations globally are continuously tackling threat actors who routinely target privileged credentials across endpoints, servers, applications, and cloud environments as an entry point into organizations. Recognizing this growing need for robust PAM capabilities Simeio strategically pursued the Saviynt certification through a rigorous process that required demonstrated expertise and successful customer delivery experience. To earn the Saviynt Certified PAM Delivery Partner status, Simeio completed critical training and certifications that covered key criteria including - * Foundational PAM capabilities, * Advanced architecture and configuration, * Capacity to independently build and execute real world PAM use cases * Successful delivery of a Saviynt PAM implementation led by the Simeio team. Unlike many certification programs that focus exclusively on coursework, Saviynt's certification framework requires partners to prove their capabilities through successful implementation in a live customer environment. "Becoming the first Saviynt Certified PAM Delivery Partner is a testament to our team's exceptional ability to deliver Privileged Access Management solutions in real-world environments, addressing complex security, integration, and identity challenges for our customers," "With Simeio, clients gain a partner that goes beyond strategy to operationalize security controls and demonstrate a commitment to delivering measurable outcomes that strengthen their overall identity security posture. We thank the Saviynt team for recognizing our team's efforts and capabilities, and we look forward to collaborating to reduce risk, accelerate adoption, and strengthen our customers' overall identity security posture." Nick Rowe, CEO of Simeio. With this certification Simeio will now be able to provide organization with access to teams that have already demonstrated the ability to deploy, optimize, and operate Saviynt PAM solutions in production environments. Some of the benefits clients will experience include: * Architecture informed by real-world deployments, not theoretical designs * Accelerated time-to-value for Saviynt PAM implementations * Use-case-driven deployments tailored to customer requirements, including secrets management, credential rotation, session isolation, and just-in-time access * Proven integration expertise that addresses identity lifecycle, governance, and operational complexities before they impact production environments Simeio's leadership in identity practice has long been established, supporting organizations secure and govern identities across the entire IAM lifecycle. The Saviynt-certified PAM capabilities further strengthens Simeio's ability to provide comprehensive identity security solutions that connect governance, access management, and privileged access controls into a unified identity framework. As organizations continue to modernize their identity security programs, Simeio's expanded partnership with Saviynt ensures customers benefit from privileged access protection delivered by experts who understand the broader identity ecosystem and its role in enterprise resilience. About Simeio Simeio is an award-winning global managed services provider offering Identity and Access Management solutions delivered as a service and interoperable with leading IAM tools. With 700+ employees worldwide, Simeio secures over 160 million identities globally for global large and mid-size enterprises. Services and solutions from Simeio include Customer & Access Management (CIAM), Privileged Access Management (PAM), Identity Proofing, Access Management, Identity Governance & Administration (IGA), Non-human Identity Management, Machine Identity Management, Application Onboarding, and the Simeio Identity Orchestrator for seamless identity operations. The company has been recognized for its business and technical leadership and is highly rated by Gartner, Forrester, and KuppingerCole, and was ranked by Great Places to Work(R). For more information, visit www.simeio.com
Saviynt launches Zuma AI identity security platform as ARR tops $300 million. July 28, 2026 Saviynt has launched Zuma, an identity security platform designed to help enterprises discover, govern and control AI agents and other non-human identities. The launch comes as the company reported more than $300 million in annual recurring revenue, bookings growth above 80% and a 96% customer retention rate. Zuma addresses the growing number of AI agents, large language models, and AI applications gaining access to enterprise systems and data. These identities can be created and deployed quickly, leaving security teams with limited visibility into who owns them, what permissions they hold and how their access changes over time. The platform is divided into three areas. Zuma Insights discovers AI and non-human identities and maps their ownership, activity and access. Zuma Access evaluates an agent's intent, permissions, context and risk before allowing it to complete a task. Zuma Governance adds lifecycle controls, access reviews, policy enforcement and audit evidence for security and compliance teams. The launch moves Saviynt deeper into the emerging market for securing machine identities and autonomous agents. Enterprises are beginning to treat AI agents as a separate identity population that requires continuous discovery, narrowly defined permissions and clear accountability. Zuma gives Saviynt a way to extend its existing identity governance business into that work while giving partners a new opening for AI identity assessments, implementation and ongoing governance services.
Saviynt, an identity security solutions provider, has surpassed $300 million in annual recurring revenue whilst growing bookings by over 80% and maintaining a 96% customer retention rate. The company has launched Zuma, an AI identity security platform designed to help organisations manage AI agents, large language models, AI-based applications, and non-human identities. Zuma comprises three components: Zuma Insights discovers and tracks AI agents and non-human identities across enterprises; Zuma Access evaluates agent intent and permissions at runtime to prevent privilege misuse; and Zuma Governance establishes ownership, lifecycle controls, and audit-ready evidence for AI and non-human identities. "AI is fundamentally changing the identity security equation," said Sachin Nayyar, chief executive officer of Saviynt. The platform is now available.
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
Series B
Total Funding
$1.1B
Headquarters
El Segundo, California
Founded
2010
Find jobs on Simplify and start your career today