Saviynt Raises $700M at Approximately $3B Valuation in KKR-Led Round to Establish Identity Security as the Foundation for the AI Era
Rhea-AI Summary
Saviynt secured a $700M Series B growth equity financing at an approximate $3.0B valuation on Dec 9, 2025, led by funds managed by KKR with participation from Sixth Street Growth, TenEleven, and existing investor Carrick Capital.
The company says its AI-driven identity security platform governs human, machine, and AI-agent identities and integrates with AWS, CrowdStrike, Zscaler, Wiz, and Cyera. Saviynt reported expansion to 600+ global enterprise customers and plans to use proceeds to accelerate product R&D, AI utilities, and deeper integrations with hyperscalers and channel partners.
Positive
- $700M Series B growth financing closed
- Valuation of approximately $3.0B
- Expanded to 600+ global enterprise customers
- Planned R&D and AI product acceleration with funding
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus 1 Up
KKR was up 0.63% while key peers BN, BAM, BLK, and APO showed small declines and ARES was higher. With only ARES in momentum (+8.57%) and mixed peer moves, the AI-driven Saviynt investment appears more KKR-specific than a broad asset-management move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 03 | Leadership promotions | Positive | +3.1% | Promotion of 8 Partners and 39 Managing Directors across global offices. |
| Dec 03 | Strategic partnership | Positive | +3.1% | Expanded Capital Group partnership for target date funds and model portfolios. |
| Dec 01 | Credit facility deal | Positive | +0.4% | Ecoplexus secured a $300 million KKR-led facility for 13 GW solar/storage. |
| Nov 25 | Portfolio investment | Positive | +2.5% | Further investment in Lighthouse Learning while retaining majority stake. |
| Nov 21 | Debt tender offer | Neutral | -0.7% | Global Atlantic cash tender offer for 4.70% subordinated debentures due 2051. |
Recent KKR news on strategic partnerships, credit facilities, and portfolio investments has typically seen positive price alignment, with only one modest divergence on a debt tender announcement.
Over the past few weeks, KKR has reported several growth-oriented developments. On Nov 25, it further invested in Lighthouse Learning, retaining a majority stake to support education expansion. A $300 million Ecoplexus credit facility on Dec 1 backed over 13 GW of solar and storage projects. On Dec 3, KKR expanded a retirement and wealth partnership with Capital Group and announced new Partners and Managing Directors. These events, mostly met with positive price reactions, frame today’s AI-focused investment as part of an ongoing expansion strategy.
Market Pulse Summary
This announcement adds to KKR’s AI-oriented strategy by leading a $700 million Series B in Saviynt at a roughly $3 billion valuation, reinforcing a focus on identity security for AI workloads. In recent months, KKR has highlighted growth initiatives across credit, education, and partnerships, often accompanied by constructive price reactions. Investors may watch how AI security, customer scale (over 600 enterprises), and Fortune 100 penetration contribute to KKR’s broader technology and infrastructure positioning.
Key Terms
identity and access management technical
AI-generated analysis. Not financial advice.
KKR joined by Sixth Street Growth, TenEleven, and Carrick Capital as Principal Investors
Saviynt's AI-powered platform manages, secures, and governs access for human, non-human, and AI agent identities across an organization's applications, data, and infrastructure. By converging identity management and governance (IGA), privileged access management (PAM), application access governance (AAG), identity security posture management (ISPM), and access gateways across all types of identities, Saviynt simplifies compliance, reduces risk, and improves efficiency for companies moving to cloud and AI-driven infrastructure.
As enterprises adopt copilots, autonomous agents, MCP servers, and AI-driven workflows, the need for an AI-driven Identity Security platform that addresses all posture, lifecycle, access, and privilege use cases across these non-human identities and their interactions with human identities is foundational.
"This is a defining moment for Saviynt and the industry," said Sachin Nayyar, Founder & CEO of Saviynt. "The demand for secure, governed identity has never been greater, and this growth investment gives us the resources to meet it head-on. We chose to strategically partner with KKR and Sixth Street Growth because they understand how central identity has become to enterprise AI strategies, and they have long track records of helping category leaders scale globally. We're excited to work with them to accelerate innovation and bring identity security to every organization operating in the AI era."
AI Has Accelerated Identity's Scale Problem
Legacy identity and access management tools were designed for human users and static access patterns. Today's enterprises must govern:
- Employees and contractors
- Machine identities and workloads
- Service accounts, certificates, keys, secrets
- Partners, contractors, and other supply chain identities
- And now, AI agents that operate continuously and make real-time decisions
AI-generated identities are the newest and fastest-growing type of identity class, and the one with the greatest potential to reshape how work, productivity, and operations function across the enterprise.
Identity security provides AI the important guardrails it needs to deliver real value and control risk. This shift has transformed identity governance from a security and compliance function into a strategic requirement for AI adoption.
"Saviynt has built one of the most advanced and comprehensive identity security platforms in the market, purpose-built for the AI era," said Ben Pederson, Managing Director at KKR. "The Company is redefining how organizations secure their digital ecosystems, and we look forward to strategically partnering with Sachin and the Saviynt team to help further scale their platform globally, advance their next-generation AI capabilities, and leverage KKR's proven experience supporting leading cybersecurity businesses to accelerate growth and innovation."
Saviynt's Market Momentum
Saviynt's growth reflects the rising urgency around governing human, machine, and AI-agent identities at scale. Recent events driving momentum include:
- Expanded to 600+ global enterprise customers, representing more than
20% of Fortune 100 companies - Extended its platform, adding innovative new products for AI Agent Identity Management, Non-Human Identity Management, Privileged Access Management, and Identity Security Posture Management (ISPM)
- Added AI-enabled intelligence across its core Identity platform, resulting in significant efficiency gains in application onboarding, access certification, access reviews, and provisioning / deprovisioning processes
- Delivered significant integrations with major ecosystem players, including AWS, CrowdStrike, Zscaler, Wiz, and Cyera
Capital to Accelerate Research & Development
The funding will be used as growth capital to increase, expand, and accelerate product development; generate additional AI-based utilities, methodologies, and programs that facilitate the migration from legacy solutions to Saviynt's platform; and enable deeper integration with hyper-scalers, software/SaaS platforms, professional services firms, and value-added resellers.
New and Existing Investor Alignment Signals Category Definition
KKR's investment builds on its extensive experience supporting leading businesses across the cybersecurity landscape, including identity and access management, threat detection, and security software. With a 20-year track record, KKR has backed category-defining cybersecurity platforms such as Darktrace, ReliaQuest, and KnowBe4, and has deep identity-security expertise through its work investing in and partnering with industry leaders like Ping Identity, ForgeRock, and Semperis. This breadth of experience, combined with KKR's technical insight and industry relationships, provides strong validation of Saviynt's platform and positions KKR to help the company scale its identity security offering globally. The investment will be made primarily through KKR's Next Generation Technology Growth Fund III.
Piper Sandler served as exclusive financial advisor to Saviynt, and Cooley LLP served as legal counsel to Saviynt. Latham & Watkins LLP served as legal advisor to Carrick Capital Partners. Gibson, Dunn & Crutcher LLP served as legal advisor to KKR & Co. Inc. Moelis & Co served as financial advisor to Sixth Street Growth, and Kirkland & Ellis LLP served as legal advisor to Sixth Street Growth.
About Saviynt
Saviynt's AI-powered identity platform manages and governs human and non-human access to all of an organization's applications, data, and business processes. Customers trust Saviynt to safeguard their digital assets, drive operational efficiency, and reduce compliance costs. Built for the AI age, Saviynt is helping organizations safely accelerate their deployment and usage of AI today. Saviynt is recognized as the leader in identity security, with solutions that protect and empower the world's leading brands, Fortune 500 companies, and government institutions. For more information, please visit www.saviynt.com.
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at www.globalatlantic.com.
About Sixth Street Growth
Sixth Street Growth makes investments in mid- and late-stage technology companies. Sixth Street Growth is the dedicated growth investing platform of Sixth Street, a leading global investment firm with over
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SOURCE Saviynt
FAQ
How much did Saviynt raise in the Dec 9, 2025 financing led by KKR (KKR)?
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