Startup profile · funding coverage
ConductorOne funding, valuation and investors
AI-native identity security platform for access governance across human and non-human identities.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$79M · October 2025
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$79M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series b · Portland, OR
Overview
ConductorOne (C1) provides unified identity governance — access reviews, lifecycle management, and privileged access for human users and non-human identities (service accounts, API keys, AI agents). Founded in Portland in 2020 by ex-Okta leaders Alex Bovee (CEO) and Paul Querna (CTO), the company raised a $79M Series B in October 2025 led by Greycroft with CrowdStrike Falcon Fund, Accel, Felicis, and Oregon Venture Fund participation — total funding above $111M. Portland engineering offices sit in Southeast Portland; company also maintains San Francisco presence.
Why ConductorOne is interesting
Former Okta executives rebuilt IAM for the agentic era — $79M Series B (Oct 2025) led by Greycroft with Oregon Venture Fund re-upping, anchoring top security talent in Portland while selling to DigitalOcean, Instacart, and Ramp.
Product & use cases
AI-native identity governance with unified identity graph, JIT access, and automated reviews for SaaS, cloud, and on-prem tools.
- Enterprise access reviews and SOX compliance
- Non-human identity discovery for API keys and service accounts
- Agentic AI access governance
Key facts
- Founded Portland 2020 by ex-Okta executives
- Series B (Oct 2025): $79M led by Greycroft; total $111M+
- Oregon Venture Fund portfolio company per OVF investment post
- Customers include DigitalOcean, Instacart, Ramp, Zscaler
Funding history (newest first)
Investors in our directory
Funds linked from ConductorOne's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Built post-Okta for machine identities and agent sprawl — competes with legacy IGA suites on speed-to-value and connector breadth.
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SailPoint incumbent
Legacy IGA leader; slower deployments.
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Okta Identity Governance adjacent
Parent-category incumbent from founders' prior employer.
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Veza direct
Access governance startup peer.
Industries
Market / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover ConductorOne's financing or category context.
FAQs about ConductorOne
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