Saviynt raises $700M to make identity security a foundation for the AI era

Los Angeles–based identity security company Saviynt has secured a $700 million Series B growth equity round at an approximately $3 billion valuation, led by KKR with participation from Sixth Street Growth, TenEleven and existing backer Carrick Capital Partners. The AI-powered platform manages human, machine and AI agent identities across applications and infrastructure, and Saviynt says the capital will accelerate R&D and integrations so enterprises can govern access for copilots, autonomous agents and other non-human identities as they scale AI deployments.