# Gravitational

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

- Industry: Software
- Headquarters: Oakland, US
- Website: www.goteleport.com
- Total disclosed funding: $167M
- Latest round: Series C (May 3, 2022)
- Investors on record: 7

## About

Gravitational, Inc. specializes in Infrastructure Identity solutions, enhancing secure access to infrastructure for diverse industries through innovative products designed for modern cloud environments.Gravitational, Inc. was founded in 2015 and is headquartered in Walnut Creek, US. The company provides solutions for secure access to infrastructure. There are no known changes in business strategy or operations. It raised USD 110 mn in Series C funding on May 3, 2022, with Bessemer Venture Partners leading the round, alongside Insight Partners, Kleiner Perkins, and S28 Capital. The total amount raised by the company is USD 110 mn, with a current valuation of USD 1001.367 mn. The founders include Ev Kontsevoy, Jon Choi, Ounie Phakousonh, Taylor Wakefield, and Virab Oganesyan.Teleport offers a comprehensive suite of Infrastructure Identity solutions, including Teleport Zero Trust Access, Teleport Machine & Workload Identity, Teleport Identity Governance, and Teleport Identity Security. These products facilitate secure access and identity management across various sectors, helping organizations replace outdated VPNs and streamline operational complexities associated with identity and access management, particularly in cloud environments. Teleport serves clients in e-commerce, financial services, healthcare, and SaaS, with a strong presence in North America, Europe, and Asia-Pacific.Teleport operates on a subscription-based revenue model, generating predictable income through long-term contracts for its access management and identity governance solutions. Clients can customize their security protocols according to specific needs, driving sales from flagship products like Teleport Zero Trust Access and Teleport Identity Governance, which address essential security requirements for organizations handling sensitive information and regulatory compliance.Following its recent Series C funding round in May 2022, where Gravitational, Inc. raised USD 110 mn, the company plans to enhance its research and development capabilities and expand its go-to-market strategy for its international customer base. This investment will support the introduction of new products aimed at improving security and access management, as well as facilitating expansion into new geographic markets. Specific details on upcoming product launches and targeted market regions have yet to be disclosed.

## Funding rounds

- Series C, May 3, 2022, $110M — Kleiner Perkins, Insight Partners, Bessemer Venture Partners, S28 Capital
- Series B, Aug 18, 2021, $30M — Kleiner Perkins, S28 Capital
- Series A, Nov 8, 2019, $27M — Kleiner Perkins, Y Combinator, S28 Capital
- Seed, May 1, 2015 — Y Combinator, Zillionize Angel, S28 Capital, Fort Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- S28 Capital (https://capitalatlas.ai/funds/s28-capital) — Seed, Series A, Series B, Series C
- Fort Ventures (https://capitalatlas.ai/funds/fort-ventures) — Seed
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series C