# Oort

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

- Industry: IT Security/Cybersecurity
- Headquarters: Harvard, US
- Website: www.oort.io
- Total disclosed funding: $15M
- Latest round: Series A (Oct 6, 2022)
- Investors on record: 7

## About

Oort Inc., based in Harvard, US, delivers advanced identity security solutions, focusing on Cisco Identity Intelligence and Duo's Continuous Identity Security to enhance organizational security and protect digital identities.Founded in 2018, Oort Inc. specializes in identity security solutions, operating from its headquarters in Harvard, Massachusetts, US. The company has raised a total of USD 11.5 mn in Series A funding as of October 6, 2022, co-led by .406 Ventures and Energy Impact Partners, with Cisco Investments also participating. The firm has executed 2 deals to date and is led by CEO Daniel Santos and co-founder Matt Caulfield. The current company valuation stands at USD 53.055 mn.Oort, now part of Cisco, specializes in identity security solutions, primarily focusing on Cisco Identity Intelligence and Duo’s Continuous Identity Security. These products aim to enhance security by offering deep visibility into identity management and mitigating vulnerabilities. Cisco Identity Intelligence provides tools for protecting user identities and managing access, targeting a diverse clientele across sectors such as finance, healthcare, and technology. The solutions are marketed globally, particularly in North America, Europe, and Asia-Pacific.Oort generates revenue primarily through subscription-based models for its software solutions, including Cisco Identity Intelligence and Duo’s Continuous Identity Security. Clients engage in annual or multi-year contracts with tiered pricing based on deployment scale and service requirements. The firm operates predominantly in the B2B space, serving large enterprises that need robust identity management systems for data protection. Revenue transactions encompass various service plans tailored to client needs, from basic identity verification to comprehensive security monitoring.In October 2022, Oort Inc. raised USD 11.5 mn in Series A funding, which will be utilized to grow and further accelerate its go-to-market strategy. The company aims to design and launch new products to enhance its offerings but has not specified release dates. Oort is also targeting expansion into new markets with a focus on increasing its presence in Europe and Asia-Pacific regions.

## Funding rounds

- Series A, Oct 6, 2022, $12M — Bain Capital, .406 Ventures, Cisco Investments, 645 Ventures, First Star Ventures, Energy Impact Partners
- Seed, Sep 18, 2020, $3.5M — Bain Capital, DreamIt Ventures, 645 Ventures, First Star Ventures

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed, Series A
- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Seed, Series A
- First Star Ventures (https://capitalatlas.ai/funds/first-star-ventures) — Seed, Series A
- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Series A
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series A
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A