SGNL Secures $30M Series A to Disrupt Legacy Enterprise Access Management and Power Identity-First Security
Summary
According to industry estimates, the legacy Identity and Access Management market exceeded $19 billion in 2024, yet 90% of organizations experienced an identity-related incident around that same timeframe. With this latest fundingbringing SGNLs total raised to $42 million since its founding in 2021the company is set to expand go-to-market efforts, accelerate product development, and enhance customer support.We provide enterprises with a smart, more flexible way to manage privileged access, said Scott Kriz, Co-Founder & CEO of SGNL. "As the former CISO of a Fortune 50 company, I saw firsthand how enterprises were investing tens of millions in PAM and IGA systems, expecting stronger security, but instead, these solutions often added complexity and operational overhead without solving the core challenges," said Stephen Ward of Brightmind Partners. "SGNL takes an identity-first approach and is rewriting the playbook by eliminating static credentials and automating access decisions in real time. Instead of pre-assigned roles that require constant maintenance, SGNL ensures that employees, contractors, and partners get the right access at the right timeand lose it the moment its no longer needed.