Fundz

Permit.io Raises $8 Million for Authorization Platform

PRIVATEFeb 16, 2024

Amount Raised

$8 Million

Round Type

Series A

Tel AvivOtherFinancial ServicesSoftwarePrivacy And Security

Investors

Verissimo VenturesRoosh VenturesNfxFirestreakScale Venture Partners

Description

Permit.io, an early stage Israeli startup working on authorization technology, announced it has raised $8 million in a Series A funding round led by Scale Venture Partners, bringing the total raised by the company to $14 million.

Quick answer

Permit.io raised $8 Million in a Series A round, dated February 16, 2024. Investors: Verissimo Ventures, Roosh Ventures, Nfx, Firestreak and Scale Venture Partners. Permit.io is based in Tel Aviv, Tel Aviv District, Israel.

How much did Permit.io raise?
Permit.io raised $8 Million in a Series A round on February 16, 2024.
Who invested in Permit.io?
Verissimo Ventures, Roosh Ventures, Nfx, Firestreak and Scale Venture Partners are named as investors in this round.
What does Permit.io do?
Permit.ioBecause the company focuses on authorization — not authentication — it also plays nicely with providers like Auth0, Cognito, Okta and others.
Where is Permit.io based and how big is it?
Permit.io is based in Tel Aviv, Tel Aviv District, Israel.
Who are the decision-makers at Permit.io?
Fundz holds 1 contact at Permit.io. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Privacy And Security around the same time

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

  • Skyflow raised $30M (Series B) on March 28, 2024.
  • Innoviti raised $5.2M (Series E) on April 1, 2024.
  • Innoviti raised $5.2M (Series E) on April 1, 2024.
  • Torpago raised $5.2M on March 28, 2024.
  • Coro raised $100M (Series D) on March 28, 2024.
  • Nominal raised $9.2M (Seed) on March 27, 2024.

Who to call at Permit.io, and when

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

  • An alert the day Permit.io raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Permit.io, from your own LinkedIn network

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Company Information

Company

Permit.io

Location

Tel Aviv, Tel Aviv District, Israel

About

Permit.ioBecause the company focuses on authorization — not authentication — it also plays nicely with providers like Auth0, Cognito, Okta and others. Permit.io provides developers with all of the infrastructure and developer tools to manage authorization, in addition to the back-office services to enable not just developers but virtually anybody inside a company to manage permissions.

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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

Permit.io 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.