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AuthZed raised $12 million in Series A funding led by General Catalyst to accelerate permissions systems for innovative user experiences.

PRIVATEJun 27, 2024

Amount Raised

$12 Million

Round Type

Series A

New YorkSoftwareSecurity

Investors

Amplify PartnersY CombinatorWork BenchGeneral Catalyst

Description

AuthZed, a startup specializing in rapidly building innovative user experiences with simple, fast, and secure permissions systems, has closed $12 million in Series A funding. The new funding will accelerate a strategic expansion for small-to-mid-market-sized organizations, providing a fully managed and easy-to-deploy permissions system that is simple to maintain for their current and future authorization needs.

Quick answer

AuthZed raised $12 Million in a Series A round, dated June 27, 2024. Investors: Amplify Partners, Y Combinator, Work Bench and General Catalyst. AuthZed is based in New York, New York, United States.

How much did AuthZed raise?
AuthZed raised $12 Million in a Series A round on June 27, 2024.
Who invested in AuthZed?
Amplify Partners, Y Combinator, Work Bench and General Catalyst are named as investors in this round.
What does AuthZed do?
AuthZed, a leader in permissions systems as a service is on a mission to help every organization build fast and secure authorization that scales.
Where is AuthZed based and how big is it?
AuthZed is based in New York, New York, United States. Fundz records about 19 employees.
Who are the decision-makers at AuthZed?
Fundz holds 1 contact at AuthZed. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Software around the same time

Companies in the same sectors as AuthZed that raised within 45 days of this round, from Fundz verified event records.

  • Lineaje raised $20M (Series A) on August 8, 2024.
  • Rhombus raised $45M (Series C) on July 30, 2024.
  • Odaseva raised $54M (Series C) on June 27, 2024.
  • Kustom Entertainment raised $3M on June 24, 2024.
  • SpyCloud raised $35M (Funding Round) on June 8, 2024.
  • Bolster raised $14M (Funding Round) on May 22, 2024.

Who to call at AuthZed, and when

A new round usually means AuthZed is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at AuthZed, from your own LinkedIn network

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Company Information

Company

AuthZed

Location

New York, New York, United States

About

AuthZed, a leader in permissions systems as a service is on a mission to help every organization build fast and secure authorization that scales. As the creators of the open-source project SpiceDB, AuthZed has established a scalable and consistent system for storing and computing permissions data—use it to build fine-grained authorization services.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

AuthZed raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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