Startup profile for ConductorOne: what they do, why they are interesting, stage (series b), industries, and links to our funding articles. Part of the Venture Capital Tracker startup directory.
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ConductorOne

AI-native identity security platform for access governance across human and non-human identities.

Stage

series b

Status

private

Coverage

full

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

Fundraising history

Series B

2025-10 $79M

Source: https://www.businesswire.com/news/home/20251028217717/en/ConductorOne-Raises-79-Million-Series-B-To-Scale-the-Worlds-First-AI-Native-Identity-Security-Platform

Investors in our directory

Funds linked from ConductorOne's profile — open a fund page for stage focus and related deal articles.

Greycroft Oregon Venture Fund

Competitive landscape

Edge: Built post-Okta for machine identities and agent sprawl — competes with legacy IGA suites on speed-to-value and connector breadth.

  • SailPoint incumbent

    Legacy IGA leader; slower deployments.

  • Okta Identity Governance adjacent

    Parent-category incumbent from founders' prior employer.

  • Veza direct

    Access governance startup peer.

Industries

Cybersecurity Enterprise SaaS AI & Machine Learning

Related funding articles

Venture Capital Tracker pieces that cover ConductorOne's financing or category context.

FAQs about ConductorOne

Practical answers founders, operators, and investors typically search for.

AI-native identity governance for human and non-human enterprise identities.
Portland, Oregon — co-founders and major engineering in Portland; SF presence also cited.
Greycroft (Oct 2025, $79M).
OVF explicitly backed keeping security founders in Oregon while selling nationally.
Series B; private.
OVF published a 'Why We Invested' post and participated in the Series B.
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Last updated: 2026-07-29