# BalkanID

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

- Industry: IT Security/Cybersecurity
- Headquarters: Austin, US
- Website: http://www.balkan.id
- Total disclosed funding: $8.1M
- Latest round: Seed (Aug 25, 2022)
- Investors on record: 8

## About

Founded in 2021 and based in Texas, US, BalkanID Inc. operates as a service provider of identity governance and administration for cloud environments. The firm’s solution provides risk visibility toward entitlements and simplifies the access review and certification process. In August 2022, BalkanID Inc. raised USD 2.36 million in seed funding from new investors Firsthand Ventures, GIT1K, K2G Tech Fund, MGV Capital Group, NKM Capital and other returning unspecified investors.

BalkanID Inc. offers an intelligent access governance platform that leverages machine learning to automate the discovery and risk prioritization of entitlement sprawl. It enables customers to integrate source systems and SaaS/public cloud applications and identifies users with excessive permissions and toxic combinations, allowing organizations to balance risk with employee productivity while working to enforce the principle of least privilege.

## Funding rounds

- Seed, Aug 25, 2022, $2.4M — NKM Capital, MGV Capital Group, Firsthand Alliance, Global Information Technology 1000, K2G Tech Fund
- Seed, May 12, 2022, $5.8M — Afore Capital, Sure Ventures, Uncommon Capital

## Investors

- Afore Capital (https://capitalatlas.ai/funds/afore-capital) — Seed
- Sure Ventures (https://capitalatlas.ai/funds/sure-ventures) — Seed
- Uncommon Capital (https://capitalatlas.ai/funds/uncommon-capital) — Seed
- NKM Capital (https://capitalatlas.ai/funds/nkm-capital) — Seed
- MGV Capital Group (https://capitalatlas.ai/funds/mgv-capital-group) — Seed
- Firsthand Alliance (https://capitalatlas.ai/funds/firsthand-alliance) — Seed
- Global Information Technology 1000 (https://capitalatlas.ai/funds/global-information-technology-1000) — Seed
- K2G Tech Fund — Seed