# StrongDM

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

- Industry: Software
- Headquarters: Burlingame, US
- Website: www.strongdm.com/
- Total disclosed funding: $108M
- Latest round: Series C (May 2, 2024)
- Investors on record: 14

## About

Based in California, US, and founded in 2015 by co-founder Justin McCarthy, StrongDM, Inc. operates as a provider of a zero-trust access management platform, offering secure and simplified access control solutions to organizations of various sizes. In January 2026, Delinea Inc., a portfolio company of Public Sector Pension Investment Board, Thoma Bravo, Insight Partners, and TPG, agreed to acquire StrongDM, Inc. from Anchor Capital, Cisco Investments, Capital One Ventures, Frontline, Singtel Innov8, Tiger Global Management, GV, Sequoia Capital, Laconia Capital Group, True Ventures, HearstLab, Bloomberg Beta, DCVC, and Social Starts. The transaction is expected to close in Q1 2026.

The company provides a zero-trust access management platform that offers secure access solutions to organizations. The platform services include privileged session management, permissions management, just-in-time access, vendor privilege access, policy enforcement, cloud PAM, privileged credential management, logging and reporting, and database access management. Moreover, the firm offers solutions such as secure access workflows, policy engine customization, and complete infrastructure visibility. Additionally, the company also provides services such as integration with existing tools and real-time monitoring of access and operations.
The company generates its revenue primarily through subscription-based packages of its dynamic access management platform. The Essentials package is priced at USD 70 per user per month (annual plans only), offering features such as federated identity support, ephemeral credentials, just-in-time access, and support for over 100 protocols, databases, servers, and cloud services. For enterprise organizations requiring advanced access workflows, integrations, and extended data retention, the Enterprise package provides customized pricing through direct sales. Additionally, the GovCloud package for regulated workloads running in AWS GovCloud is also available through direct sales for enterprise-level clients. In January 2026, Delinea agreed to acquire StrongDM, Inc., which will enable StrongDM to gain enterprise-scale deployment of its JIT authorization technology, expanded reach across IT, security, developer, and AI-operations teams, and stronger positioning in AI-driven identity security through Delinea’s global platform—accelerating adoption, visibility, and integration across complex cloud-native and hybrid environments.

## Funding rounds

- Series C, May 2, 2024, $34M — Hong Shan, True Ventures, GV, Singtel Innov8, Frontline, Capital One Ventures, Cisco Investments, Anchor Capital
- Series B, Sep 15, 2021, $54M — Hong Shan, True Ventures, Tiger Global Management, GV, Bloomberg Beta, HearstLab
- Series A, Oct 27, 2020, $17M — Hong Shan
- Seed, Jun 24, 2016, $2.7M — True Ventures, Social Starts, Laconia Capital Group, Bloomberg Beta
- Seed, Apr 3, 2015, $0.7M — Social Starts, DCVC, Bloomberg Beta

## Investors

- Social Starts (https://capitalatlas.ai/funds/social-starts) — Seed
- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed, Series B
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed, Series B, Series C
- Laconia Capital Group (https://capitalatlas.ai/funds/laconia-capital-group) — Seed
- Hong Shan — Series A, Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- GV (https://capitalatlas.ai/funds/gv) — Series B, Series C
- HearstLab (https://capitalatlas.ai/funds/hearstlab) — Series B
- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Series C
- Frontline (https://capitalatlas.ai/funds/frontline) — Series C
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series C
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series C
- Anchor Capital — Series C