Zitadel raises $9 million Series A

Modern organizations have a complex landscape of interconnected systems, spanning hybrid and multi-cloud environments and serverless architectures. To succeed, businesses must constantly adapt their security and identity management strategies to improve developer productivity and user experience across multiple systems. This, however, presents significant challenges. Data ownership and security, the complexities of SSO and MFA, developer-friendly APIs and SDKs, and customization to specific use cases are major concerns that can hinder innovation, slow down time-to-market, and impact customer satisfaction.

Driven by a shared vision to build a modern identity infrastructure platform, Fabienne Bühler, Maximilian Panne, and Florian Forster, along with a talented group of engineers, founded CAOS AG four years ago in St. Gallen, Switzerland, with a presence in San Francisco. Leveraging modern technologies, the company built an open source platform, Zitadel, that offers a comprehensive suite of tools for multi-tenant, authentication, authorization, and user management. Their open source approach, developer-friendly APIs, and robust multi-tenant architecture make it easy to integrate with both new and existing applications.

To date, the company serves a globally distributed customer base of over 150 businesses from various industries, including manufacturing, finance, education, healthcare, and SaaS. The customers include large enterprises with advanced use cases and deployments, as well as small and medium-sized businesses (SMBs), that also value the company’s commitment to data ownership, comprehensive audit trails and flexible deployment options. Zitadel gives businesses complete control over their sensitive data and ensures regulatory compliance.

The latest Series A investment, led by Nexus Ventures with continued participation from Floodgate, will enable Zitadel to accelerate product development, expand its technical team, and strengthen its position as the leading solution in cloud-native identity security. According to the company, developers will be able to create fully customizable login experiences that seamlessly integrate with existing protocols like SAML2 and OpenID Connect. Security operators will be empowered to derive actionable insights through data aggregation, enabling them to monitor compliance and security across user behaviors and application usage patterns. By streamlining complex processes, security operators can leverage advanced usage analytics and threat intelligence capabilities, allowing them to focus on strategic security initiatives.

Abhishek Sharma, Managing Director at Nexus Venture Partners, said, "We have been impressed with the Zitadel team's vision and are excited to strengthen our partnership. With a vision to bring a cloud-native identity platform that puts developer experience and data security at its core, Zitadel is on the path to becoming the de facto standard for identity and authentication management. The identity and authentication space is ripe for disruption and Zitadel is well-positioned to win."

(Press release/RAN)