Natoma
AcquiredLos Altos, US · Founded 2024 · 5 known investors
Acquired by Snowflake Inc. May 2026 · terms undisclosed · source ↗
Natoma provides a governance layer for connecting AI clients and agents to financial systems, offering a verified MCP server library, role-based access profiles, centralized authorization, and audit trails. It targets IT and security teams at finance organizations adopting AI tools across functions like FP&A, accounting, treasury, audit, and procurement.
Founders & leadership
Natoma was founded in 2024 by Pratyus Patnaik, Paresh Bhaya, Will Potter, and Zach Hart.

Board
Investors · 5
Also in the syndicate · 3
Company profile
researched Aug 2026Natoma (legal name Natoma Labs, Inc.) was founded in 2024 by Pratyus Patnaik (CEO), Paresh Bhaya (Head of GTM), Will Potter (Head of Engineering), and Zach (Zachary) Hart (Chief Architect). Patnaik is a repeat founder: he previously co-founded Appurify (a mobile app testing platform, 2012–2014, acquired by Google) and atSpoke (an AI-powered internal helpdesk/ticketing platform, 2016–2021, acquired by Okta in 2021), after which he served as Senior Director of Engineering at Okta (2021–2024) before starting Natoma. This Okta pedigree is echoed on Natoma's own site, which says the company is backed by 'leaders from Microsoft, Datadog, Okta, Google, Cisco, CNCF, Crowdstrike' as advisors/angels. Co-founder Paresh Bhaya holds a BE in Electronics & Telecommunication from Savitribai Phule Pune University. Detailed public biographical data for Will Potter and Zach Hart could not be confirmed with confidence (a Crunchbase profile for a 'Will Potter' surfaced but appears to describe a different person — a recruiting-industry Managing Partner at Riviera Partners — and was not used).
Natoma initially positioned itself squarely in the 'non-human identity' (NHI) security category, aiming to discover and govern service accounts, API keys, OAuth tokens, certificates, and machine identities within minutes of deployment (this is the description still shown on Greylock's portfolio page). On March 26, 2025, the company (via a blog post authored by CEO Pratyus Patnaik) launched its 'Hosted MCP Platform' in beta — a managed layer for Anthropic's then-new Model Context Protocol (MCP) that combines hosted/verified MCP servers with centralized authentication, RBAC-style authorization, and audit/observability, explicitly built on top of its NHI security foundation. Over the following year the company's public messaging shifted from 'non-human identity security' toward broader 'AI agent enablement' / 'Enterprise MCP' / agentic-AI-governance positioning, reflecting the wider industry's embrace of MCP as the primary way LLM-based agents connect to enterprise tools. By mid-2026 Natoma's website described itself as providing 'the Context Fabric for Enterprise AI,' citing usage figures such as '1000s of MCP servers,' '225+ Shadow AIs detected per org,' and '1.8 million tool calls per day' across its customer base (self-reported marketing statistics, undated/aggregate).
Natoma pursued a partnership-heavy go-to-market: in a blog post dated January 30, 2026 (authored by co-founder Paresh Bhaya), the company announced an integration with CrowdStrike's Falcon platform for MCP server discovery and security-risk visibility, citing research that organizations run an average of 225 MCP servers each. A companion post dated March 19, 2026 covered a partnership with 1Password for AI-agent credential management. Customer evidence includes an on-the-record customer story quote from Venky Rangachari, CIO of HPE Networking (Hewlett Packard Enterprise's networking business), calling Natoma 'the Context Fabric for Enterprise AI,' plus anonymized testimonials from a 'Head of IAM' at a 'Global Financial Services Company' and a 'VP of Engineering' at a 'Leading Fitness Technology Company.' An unnamed 'Enterprise AI Architect at a Fortune 500' company is also quoted on the homepage. Natoma states SOC 2, GDPR, CCPA, and US data-privacy compliance.
Business model
B2B SaaS. Freemium/tiered subscription (Free, Pro, Enterprise) for a hosted/managed Enterprise MCP platform sold to security, IT, and engineering teams at mid-market and enterprise organizations, with self-hosted/on-prem options at the Enterprise tier.
Usage-based SaaS pricing metered primarily on number of MCP servers, users/agents, and monthly tool calls (Free: 5 MCP servers / 5k tool calls; Pro: unlimited servers, 20k+ tool calls, contact sales; Enterprise: unlimited tool calls, custom deployment, SLA-backed, contact sales).
▸Full profile — profile (continued), go-to-market, ownership
Profile (continued)
On funding: Crunchbase records exactly one funding round for Natoma Labs — a Seed round with Index Ventures as lead investor and Greylock listed as another investor — but the amount and exact date are not publicly disclosed (obfuscated behind Crunchbase's paywall and not found in any accessible press coverage). Natoma's own 'Company' page displays four institutional backer logos: Greylock, Index Ventures, Definition (likely Definition Capital), and Latitude Capital — it is not confirmed from public sources whether all four participated in the same seed round or whether some joined a later, unannounced round; no Series A/B was found in any indexed news coverage. Greylock's own portfolio page for Natoma lists the company under the 'Cybersecurity' domain, shows 'First Partnered: Seed,' 'Current Status: Acquired,' and names Saam Motamedi as the Greylock investor connected to the deal — but does not state whether Greylock led or merely participated in that seed round, and gives no specific investment date.
On May 27, 2026, Snowflake Inc. announced (via Business Wire and Snowflake's own newsroom, timed to its Snowflake Summit and Q1 FY2027 earnings, which also featured a $6 billion AWS compute commitment) that it had 'signed a definitive agreement to acquire Natoma.' The deal was widely covered by outlets including Forbes ('Snowflake Buys Natoma To Govern The Agents Acting On Its Data'), The Register ('Snowflake buys Natoma to help freeze out rogue agents'), CIO.com ('Snowflake to acquire MCP-focused Natoma to boost governance for AI agents'), BankInfoSecurity, No Jitter, HPCwire, Coverager, Pulse 2.0, Technology Magazine, Engineering.com, and Seeking Alpha, among others. Terms were not disclosed; SFist's roundup of Bay Area AI acquisitions that same week (which also covered Autodesk's $3.6B purchase of MaintainX and Asana's purchase of StackAI) described Natoma as a 'Los Altos AI agent service' bought for an undisclosed amount, consistent with Crunchbase's Los Altos, CA headquarters listing (note: Greylock's portfolio page instead lists Natoma's HQ as San Francisco, CA — a minor discrepancy between sources that could not be fully resolved; Los Altos has two independent corroborating sources). Natoma's own announcement blog post, co-signed by all four founders (Patnaik, Potter, Hart, Bhaya) and dated May 27, 2026, frames the deal as folding Natoma's 'secure connectivity, identity, and governance layer' into Snowflake's 'control plane for the agentic enterprise' built around Snowflake Intelligence and Snowflake Cortex Code, and states the Natoma platform 'some of the world's largest organizations rely on' will be integrated more deeply into the Snowflake platform going forward. As of the acquisition announcement, Natoma's website remained live at natoma.id with a banner reading 'Natoma is joining forces with Snowflake,' and the company was still marketing its Free/Pro/Enterprise self-serve pricing tiers.
Competitive context: Natoma competed in two overlapping, fast-moving categories — non-human/machine identity security (alongside companies such as Astrix Security, Oasis Security, Entro Security, Token Security, and Aembit) and the newer enterprise MCP-gateway / agentic-AI-governance space that emerged after Anthropic's Model Context Protocol launched in late 2024. No source directly names these companies as head-to-head Natoma competitors; they are listed here as commonly cited category peers based on general market/sector knowledge rather than a sourced competitive comparison, and should be treated as lower-confidence context rather than confirmed fact.
Go-to-market
Mid-market and large enterprises (including Fortune 500 companies) adopting agentic AI — primarily Security Operations, IT & Endpoint, Developer/Platform Engineering, and Business Operations teams, across industries including finance, manufacturing, retail & hospitality, and healthcare.
Ownership
subsidiary — parent: Snowflake Inc.
Compiled by commissioned research from 12 cited public sources — announcements, filings, and press listed under research sources below.
Customers & partners
Named customers · 4
Relationships the company or its partners disclosed publicly — case studies, joint announcements, press.
Timeline · 5
launches, deals, and filingsSnowflake announces it has signed a definitive agreement to acquire Natoma, to build a 'control plane for the agentic enterprise' on top of Snowflake Intelligence and Cortex Code; terms undisclosed. Coincided with Snowflake's Q1 FY2027 earnings and Snowflake Summit.
Natoma and 1Password announce integration for securing AI-agent credential management in enterprise workflows.
Natoma integrates with the CrowdStrike Falcon platform for automated MCP server discovery and security-risk visibility.
Natoma publicly launches its hosted, enterprise-ready Model Context Protocol (MCP) platform in beta, combining centrally managed authentication with its existing NHI security capabilities.
Pratyus Patnaik, Paresh Bhaya, Will Potter, and Zach Hart start Natoma as a non-human identity (NHI) security company. Exact month/day not disclosed.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 12
primary sources listed
- Natoma + Snowflake: Data, Models, and Control for the Agentic EnterpriseNatoma · company site
- Discovering MCP Servers with Natoma + CrowdStrikeNatoma · company site
- Introducing Natoma's easy-to-use, enterprise-ready MCP PlatformNatoma · company site
- AI Agent Enablement for the Enterprise | NatomaNatoma · company site
- Company | NatomaNatoma · company site
- Natoma MCP Platform Pricing & Plans | NatomaNatoma · company site
- Natoma | GreylockGreylock Partners · company site
12 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Natoma do?
- AI Agent Enablement for the Enterprise
- Who founded Natoma?
- Natoma was founded by Pratyus Patnaik, Paresh Bhaya, Will Potter, Zach Hart in 2024.
- Who are Natoma's investors?
- Natoma's investors include Index Ventures, Greylock Partners.
- Where is Natoma headquartered?
- Natoma is headquartered in Los Altos, US.
