# Permit

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

- Industry: Software
- Headquarters: Tel Aviv-Jaffa, Israel
- Website: www.permit.io
- Total disclosed funding: $14M
- Latest round: Series A (Feb 15, 2024)
- Investors on record: 7

## About

Based in Israel and founded in 2020, Permit Inc., aka Permit.io Ltd, fka Authorizon, operates as a developer of Identity Access Management, a full-stack authorization solution that enables enterprises to build permissions systems into their products. In February 2022, the firm raised USD 6 million in seed funding led by returning investor NFX, with participation from another returning investor Rainfall Ventures. As of March 2022, the company is being led by its CEO, Or Weis (co-founder and former CEO, Rookout), and CTO, Asaf Cohen.

Permit Inc., developers and offers an authorization solution platform, intended to help product developers and teams implement easy and effective permission controls and access control into their applications, enabling them to eliminate the need for the frequent rebuilding of products. Through the company’s platform, companies can easily manage application users and re-edit access controls and may audit log events, and policy decisions through its automatically generated dashboards. Permit Inc’s client portfolio includes Tesla, Microsoft, Accenture, Palo-Alto Networks, Cisco, Granulate.io, Buzzer.ai, and Zapier.

The firm generates revenue through its subscription packages, Pro (USD 14 per month), and Enterprise (custom pricing).

The company will use the February 2022 funding to streamline permissions in cloud-native applications.

## Funding rounds

- Series A, Feb 15, 2024, $8M — Scale Venture Partners, NFX, Verissimo Ventures, Roosh Ventures, 97212 Ventures, Firestreak Ventures
- Seed, Feb 15, 2022, $6M — Rainfall Ventures, NFX

## Investors

- Rainfall Ventures (https://capitalatlas.ai/funds/rainfall-ventures) — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed, Series A
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series A
- Verissimo Ventures (https://capitalatlas.ai/funds/verissimo-ventures) — Series A
- Roosh Ventures (https://capitalatlas.ai/funds/roosh-ventures) — Series A
- 97212 Ventures (https://capitalatlas.ai/funds/97212-ventures) — Series A
- Firestreak Ventures (https://capitalatlas.ai/funds/firestreak-ventures) — Series A