# ConductorOne

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

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.conductorone.com
- Total disclosed funding: $96M
- Latest round: Series B (Oct 28, 2025)
- Investors on record: 8

## About

Founded in 2020 and based in the Portland, US, ConductorOne Inc. is a digital identity governance company that provides solutions for managing and securing both human and non-human identities within organizations. In October 2025, ConductorOne Inc. raised USD 79 million in series B funding led by Greycroft Partners, with participation from CrowdStrike Ventures, Accel, Felicis Ventures, and other unspecified investors. Co-founders Alex Bovee and Paul Querna have been instrumental in driving the company's vision and execution. ConductorOne provides a comprehensive identity governance platform designed to manage and secure both human and non-human identities within organizations. The core product offerings include access reviews, access requests, just-in-time access, non-human identity governance, and lifecycle management. These tools enable businesses to maintain compliance and enhance security while facilitating application and entitlement self-service. The platform also features capabilities for discovering and managing unsanctioned applications (shadow apps) and integrating with both cloud and on-premises infrastructure. ConductorOne targets a diverse client base across various industries, including technology, finance, and healthcare, with geographical reach extending to North America, Europe, and parts of Asia, serving enterprises that require robust identity solutions to navigate complex regulatory environments. ConductorOne generates revenue primarily through subscription-based models for its identity governance services. The company structures its transactions around partnerships with businesses that seek to enhance their identity management capabilities, providing tailored solutions to meet individual organizational needs. Clients engage with ConductorOne on a contractual basis, leveraging flagship products such as the Unified Identity Graph and AI-native identity security solutions. Pricing plans are structured to accommodate various levels of service and customization, allowing organizations to select the products that best align with their operational requirements. This transactional model fosters long-term relationships, as clients benefit from ongoing support and updates to the platform as part of their subscription agreements. The company will use the October 2025 funding to accelerate product innovation, expand enterprise adoption, grow its team, and enhance AI-driven identity security capabilities.

## Funding rounds

- Series B, Oct 28, 2025, $65M — Accel, Greycroft, Felicis Ventures, CrowdStrike Ventures
- Series A, May 21, 2023, $11M — Felicis Ventures
- Series A, Jan 28, 2022, $15M — Accel, Fuel Capital, Fathom Capital, Active Capital, Garuda Ventures
- Seed, Apr 5, 2021, $5M — Accel, Fuel Capital, Fathom Capital, Active Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A, Series B
- Fuel Capital — Seed, Series A
- Fathom Capital (https://capitalatlas.ai/funds/fathom-capital) — Seed, Series A
- Active Capital (https://capitalatlas.ai/funds/active-capital) — Seed, Series A
- Garuda Ventures (https://capitalatlas.ai/funds/garuda-ventures) — Series A
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A, Series B
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series B
- CrowdStrike Ventures — Series B