Identity security startup AuthMind has raised $19.3 million in seed funding to further its mission of securing modern enterprises through real-time identity observability. The round was led by California-based Cheyenne Ventures, with participation from Blu Venture Investors, Black Opal Ventures, K2 Access Fund, the Jefferies Family Office, and Silver Buckshot Ventures. Returning investors Ballistic Ventures and IBM also joined the round. This follows an earlier $8.5 million seed raise in 2023.
“As enterprises navigate increasingly complex technology environments, the complexity of identity protection has grown exponentially,” said Gregory Eaton, founder and managing director at Cheyenne Ventures. “AuthMind is addressing this challenge head-on with a new approach to identity protection through comprehensive identity observability, giving organizations the context, clarity and control to protect their environments. We are excited to support AuthMind as they lead the way in transforming identity protection.”