Descope Raises $35 Million in Seed Round Extension

"Identity and access management (IAM) provider Descope has announced raising $35 million in a seed funding extension that brings the total raised by the company to $88 million. The cash infusion came from existing investors Cerca Partners, Dell Technologies Capital, Lightspeed Venture Partners, Notable Capital, Triventures, and Unusual Ventures. Founded in 2022, the Los Altos, California-based startup landed a large $53 million seed funding round in 2023, aiming to disrupt the customer identity and authentication market."

"Descope provides a no-code / low-code external IAM platform that supports user, business customer, partner application, and AI agent identity management, delivering comprehensive visibility and preventing account takeover. The solution enables organizations to add new identities through visual workflows that support both the frontend experience and backend logic, to easily manage, merge, and sync identities, and add security controls to prevent phishing and credential stuffing attacks."

""The rise of AI agents and MCP servers requires a security rethink with identity at its center. Descope is already establishing itself as a force in the customer identity market, with innovation and product velocity that have laid the groundwork for it to become the go-to identity provider for AI agents and MCP server ecosystems as well," Notable Capital managing partner Oren Yunger said."

Descope raised $35 million in a seed funding extension, bringing total capital to $88 million from existing investors including Cerca Partners, Dell Technologies Capital, Lightspeed, Notable Capital, Triventures, and Unusual Ventures. The Los Altos, California company was founded in 2022 and previously closed a $53 million seed round in 2023. Descope offers a no-code/low-code external IAM platform for users, business customers, partner applications, and AI agents, enabling visual workflows, identity merging and syncing, and security controls to prevent phishing and credential stuffing. Hundreds of organizations across the Americas, EMEA, and APAC use the solution. The company will invest in agentic identity R&D, regional expansion, and hiring across engineering, customer experience, and product teams.

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