Fundraising Fox

BalkanID

Austin, US · Founded 2021 · Delaware corporation · 4 known investors

BalkanID provides an intelligent identity governance and administration (IGA) platform that discovers, prioritizes, and remediates access risks across human, non-human, and AI identities for cloud-native and legacy systems. It offers automated user access reviews, access lifecycle management, and AI-powered decisioning to help enterprises maintain compliance with standards like SOC 2, HIPAA, and GDPR.

Founders & leadership

BalkanID was founded in 2021 by Subramanian Rama.

SR
Subramanian RamaFounder
SSSameer Sait
Sameer SaitinNamed on SEC filing
JP
Jeremy PattonNamed on SEC filing

Investors · 4

Reported raises · per SEC filings

Form D private placements

$8.2M disclosed across 1 round · 2021

$8.2MraisedFeb 2023 · 83 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Sameer SaitExecutive Officer, Director
  • Jeremy PattonExecutive Officer
  • Subramanian RamaExecutive Officer, Director
Offering amount
$8.8M
Amount sold
$8.2M
First sale
Aug 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 10

by search overlap
Zluri69 shared keywordsZluri provides an identity security platform built on IRIS, a real-time identity intelligence layer that discovers, analyzes, and governs human and non-human identities and their access across enterprise systems. It offers identity visibility, cross-system access mapping, governance, lifecycle automation, and access orchestration for enterprises.
SecurEnds58 shared keywordsSecurEnds provides a unified platform combining identity governance, vendor risk management, cloud compliance, and access reviews to help organizations manage access, assess risk, and generate audit-ready evidence. It serves security and compliance teams looking to consolidate disconnected tools into a single control layer.
strongDM55 shared keywordsStrongDM provides privileged access management and identity governance for infrastructure across cloud, on-premises, and hybrid environments. The platform centralizes access control, enforces zero standing privileges, and enables just-in-time provisioning for teams managing critical systems.
Okta54 shared keywordsOkta provides identity and access management products designed to protect the identities of workforce and customer users. The company serves enterprises and organizations that need to manage identity authentication and authorization across digital environments.
Lumos50 shared keywordsLumos builds autonomous security systems that protect companies' access and identity infrastructure in an AI-first world. The platform helps security and IT teams govern access permissions for organizations ranging from fast-scaling brands to enterprises with over 100,000 employees.
Cloudeagle41 shared keywordsCloudEagle.ai is a SaaS management platform that gives enterprises a single command center to discover, secure, govern, and optimize their SaaS and AI applications, identities, access, licenses, and renewals. It serves IT, security, and procurement teams with tools for spend optimization, procurement workflows, access governance, and identity lifecycle management.
Ping Identity40 shared keywordsPing Identity provides identity management and access solutions designed to enable secure, scalable digital growth. The company serves enterprises seeking seamless identity infrastructure.
Netezza40 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
BeyondTrust (Bomgar Corporation)38 shared keywordsBeyondTrust provides privilege-centric identity security through its Pathfinder platform, helping organizations manage privileged access and defend against external attacks and insider threats. Its products cover the identity attack surface for enterprise customers, including AI agent security.
miniOrange37 shared keywordsminiOrange builds identity security and data privacy products, including IAM, PAM, IGA, and ITDR, along with device management, security plugins for platforms like WordPress, Atlassian, Drupal, and Shopify, and consent/cookie management for DPDP and GDPR compliance. It also offers AI agent and non-human identity security plus security services such as penetration testing and code analysis for hybrid environments.

Companies competing with BalkanID for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does BalkanID do?
BalkanID provides an intelligent identity governance and administration (IGA) platform that discovers, prioritizes, and remediates access risks across human, non-human, and AI identities for cloud-native and legacy systems. It offers automated user access reviews, access lifecycle management, and AI-powered decisioning to help enterprises maintain compliance with standards like SOC 2, HIPAA, and GDPR.
Who founded BalkanID?
BalkanID was founded by Subramanian Rama in 2021.
Who are BalkanID's investors?
BalkanID's investors include Asia2G Capital, Fairhaven Capital Partners, MGV.VC, Uncommon.
How much funding has BalkanID raised?
BalkanID has disclosed $8.2M raised across 1 round.
Where is BalkanID headquartered?
BalkanID is headquartered in Austin, US.