Frontegg raises $40M to solve user management for B2B SaaS

This follows last Decembers $25M Series A and brings the total amount raised from leading VCs including Pitango First, Global Founders Capital and i3 Equity, to $70M. "Nowadays, users of business apps expect to seamlessly sign up for products using modern authentication methods, invite team members, control their roles, define organization-wide security policies and upgrade subscription tiers," said Sagi Rodin, CEO and Co-founder of Frontegg. The platform enables development teams to quickly get started as well as provides a rapid migration path for companies that have outgrown legacy user management solutions. In turbulent economic times like these its more important than ever for B2B SaaS companies to go to market fast but with a mature product that is in line with todays users expectations from business tools. Since its founding in 2019 by Sagi Rodin (CEO) and Aviad Mizrachi (CTO), Frontegg has raised $70M from top-tier global VCs and serves as the user management infrastructure for leading B2B SaaS companies around the globe, from fast-growing startups to Fortune 100 companies.Stripes is a leading growth equity firm that partners with founders who are building amazing products in the software and consumer markets.