- Companies
- SGNL.AI
SGNL.AI Acquisition, Valuation, Funding & Investors
SGNL.AI was acquired by CrowdStrike for $740M in January 2026.
Cumulative funding SGNL.AI raised
$42M
across 2 funding rounds
Key investors in SGNL.AI
Costanoa Ventures
M12
Cisco Investments
Resolute Ventures
Fika Ventures
Moonshots Capital
Brightmind Partners
About SGNL.AI
Palo Alto-based SGNL.AI is an authorization platform delivering just-in-time access control for enterprises. It employs policy-as-code to enforce dynamic, context-aware permissions, integrating with identity providers like Okta and Entra ID to secure cloud resources such as AWS and Google Cloud. The platform supports workforce scalability by automating access decisions based on user roles, device posture, and environmental factors. Founded in 2021, SGNL.AI addresses modern identity challenges in hybrid work environments through its agentless architecture and real-time policy evaluation engine.
Founded
2021
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Valuation
$740M (acquired Jan 2026)
SGNL.AI Acquisition
SGNL.AI was acquired by CrowdStrike for $740M on 8 January 2026.
Before the acquisition SGNL.AI had raised $42M across 2 funding rounds.
| Acquirer | Date | Type | Price |
|---|---|---|---|
| 8 Jan 2026 | Strategic M&A | $740M |
SGNL.AI Funding History
SGNL.AI has raised a total of $42M across 2 funding rounds.
SGNL.AI's first fundraising round was a $12M seed round in October 2022. The most recent completed round was a $30M Series A in February 2025.
SGNL.AI funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2025 | Series A | Brightmind Partners (lead); Costanoa Ventures (lead); Cisco Investments; M12 | $30M | SGNL, founded in 2021 by Scott Kriz and Erik Gustavson in Palo Alto, CA, develops an identity-first security platform that eliminates static credentials and enables real-time, conditional access control for enterprise cloud environments, positioning itself as a modern alternative to legacy privileged access management (PAM) and identity governance and administration (IGA) systems. The company secured $30 million in Series A funding in February 2025, led by Brightmind Partners with participation from Costanoa Ventures (which led the prior seed), Microsoft’s M12, and Cisco Investments, bringing total funding to $42 million. Funds will support go-to-market expansion, product development, talent acquisition, customer support, market presence growth, and commitment to open security standards and partnerships. SGNL has gained traction with multiple Fortune 50 and Fortune 500 customers, including major media, entertainment, and technology enterprises using it to streamline cloud access management, replacing outdated systems while reducing complexity and compliance burdens. The founders' prior experience co-founding Bitium (acquired by Google in 2017) and working on Google’s internal identity access management informs its zero-standing privileges approach. Investors highlight the team's enterprise expertise and the platform's potential moat in addressing flawed traditional security models. |
| Oct 2022 | Seed | Costanoa Ventures (lead); Fika Ventures; Moonshots Capital; Resolute Ventures | $12M | SGNL.ai raised $12 million in a seed round on October 27, 2022, led by Costanoa Ventures with participation from Fika Ventures, Moonshots Capital, and Resolute Ventures. The company develops enterprise authorization software focused on just-in-time access and fine-grained authorization for modern workforces. Founded in 2021 by Scott Kriz and Erik Gustavson, both with experience from Google, SGNL.ai aims to externalize access control logic from applications and enable human-readable policies in regulated industries. The funding proceeds were allocated to develop core products, hire the initial team, and collaborate with design partners to refine the solution. SGNL.ai targets medium to large enterprises, particularly IAM architects, application owners, and security architects needing scalable policy decision points for PII access based on context. The company was based in Palo Alto with hybrid working and had around 31 employees at the time of reporting. This seed round marked SGNL.ai's initial funding, preceding later raises including a $10 million strategic round in 2023 bringing total to $22 million and a $30 million Series A in early 2025 led by Brightmind Partners, for a total of $42 million before a 2026 acquisition. |
Who has invested in SGNL.AI?
7 investors have backed SGNL.AI across its funding rounds, including Costanoa Ventures, M12, Cisco Investments, Resolute Ventures, Fika Ventures and Moonshots Capital.
Lead investors include Brightmind Partners and Costanoa Ventures.
SGNL.AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Oct 2022 | ||
| 1 | Participant | Oct 2022 | ||
| 1 | Lead | Feb 2025 | ||
| 1 | Participant | Feb 2025 | ||
| 1 | Participant | Oct 2022 | ||
This data is available for Pro users. Sign up to see all 7 SGNL.AI investors. Start Free Trial | ||||
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Start Free TrialSGNL.AI Competitors
SGNL.AI competitors include listed companies like PKSHA Technology and ODDITY Tech, and private ones like SEON, DataSnipper, DataStory and AUI (Augmented Intelligence).
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $500M | - | ||
| Private | $45M | - | $1B | 22.2x | ||
| Private | - | - | $739M | - | ||
| Private | - | - | $750M | - | ||
| Publicly listed | $140M | $47M | $627M | 2.4x | ||
| Publicly listed | $810M | $131M | $889M | 1.8x |
SGNL.AI Public Comps
SGNL.AI is no longer listed, but its public comps include Beijing Deep Glint Tech, Horizon Quantum, Shenzhen Sunwin, Beijing Haitian Ruisheng, PKSHA Technology, Unisound Ai Technology, Hanwang Technology Co, ODDITY Tech, Baida Group Co and Beijing CTJ Info Tech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $23M | ($29M) | 25.1x | 8.7x | (19.8x) | (80.2x) | |||
| $269K | ($5M) | 2287.8x | - | (125.2x) | (33.0x) | |||
| $20M | ($147M) | 37.7x | - | (5.0x) | - | |||
| $56M | $5M | 13.8x | 14.0x | 160.9x | - | |||
| $140M | $47M | 4.1x | 2.4x | 12.2x | 10.7x | |||
| $181M | ($22M) | 3.0x | 2.1x | (24.5x) | (36.1x) | |||
| $282M | ($14M) | 2.2x | - | (44.4x) | - | |||
| $810M | $131M | 1.5x | 1.8x | 9.6x | 18.3x | |||
This data is available for Pro users. Sign up to see all SGNL.AI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about SGNL.AI
| When was SGNL.AI founded? | SGNL.AI was founded in 2021. |
| Where is SGNL.AI headquartered? | SGNL.AI is headquartered in San Francisco, CA, United States. |
| Is SGNL.AI publicly listed? | No, SGNL.AI was acquired by CrowdStrike in January 2026. |
| Who acquired SGNL.AI? | SGNL.AI was acquired by CrowdStrike in January 2026. |
| How much was SGNL.AI acquired for? | SGNL.AI was acquired for $740M in January 2026. |
| How much funding has SGNL.AI raised? | SGNL.AI has raised $42M across 2 funding rounds. |
| What was SGNL.AI's last funding round? | SGNL.AI's last funding round was a $30M Series A in February 2025, led by Brightmind Partners and Costanoa Ventures. |
| Who are SGNL.AI's investors? | SGNL.AI's investors include Costanoa Ventures, Fika Ventures, Brightmind Partners, Cisco Investments, Moonshots Capital, M12 and Resolute Ventures. |
| Which companies are comparable to SGNL.AI? | Companies comparable to SGNL.AI include SEON, DataSnipper, DataStory, AUI (Augmented Intelligence), PKSHA Technology and ODDITY Tech. |
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