# AuthMind

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/authmind

- Industry: IT Security/Cybersecurity
- Headquarters: Bethesda, US
- Website: www.authmind.com
- Total disclosed funding: $28M
- Latest round: Seed (Apr 22, 2025)
- Investors on record: 8

## About

Founded in 2020 and based in Bethesda, Maryland, US, AuthMind Inc. operates as a provider of security operations services. It offers a cloud-based platform that helps organizations monitor and protect themselves from identity threats. The company was co-founded by Shlomi Yanai (CEO) and Ankur Panchbudhe (CTO). In April 2025, AuthMind Inc. raised USD 19.3 million in seed funding led by new investor Cheyenne Partners, with participation returning investors Ballistic Ventures and IBM Ventures. Other new investors Black Opal Ventures, K2 Access Fund, Jefferies, Silver Buckshot Ventures, Blu Venture Investors, and other unspecified investors also participated in the round. The company specializes in providing SecOps (security operations) services tailored for identity and cybersecurity teams. Their platform offers real-time management of identity security posture (ISPM) and the detection and response to identity-related threats (ITDR). This equips enterprise employees with the tools to address the crucial elements contributing to identity-based attacks, including vulnerable areas, security gaps in identity infrastructure, and misconfigurations stemming from human error. The company will use the April 2025 funding to accelerate go-to-market efforts and develop new features for its identity protection platform.

## Funding rounds

- Seed, Apr 22, 2025, $19M — IBM Ventures, Jefferies, Cheyenne Ventures, Blu Venture Investors, Ballistic Ventures, Black Opal Ventures, Silver Buckshot Ventures, K2 Access Fund
- Seed, Jun 26, 2023, $8.5M — IBM Ventures, Ballistic Ventures

## Investors

- IBM Ventures (https://capitalatlas.ai/funds/ibm-ventures) — Seed
- Ballistic Ventures (https://capitalatlas.ai/funds/ballistic-ventures) — Seed
- Jefferies (https://capitalatlas.ai/funds/jefferies) — Seed
- Cheyenne Ventures (https://capitalatlas.ai/funds/cheyenne-ventures) — Seed
- Blu Venture Investors (https://capitalatlas.ai/funds/blu-venture-investors) — Seed
- Black Opal Ventures (https://capitalatlas.ai/funds/black-opal-ventures) — Seed
- Silver Buckshot Ventures (https://capitalatlas.ai/funds/silver-buckshot-ventures) — Seed
- K2 Access Fund (https://capitalatlas.ai/funds/k2-access-fund) — Seed