Akeyless Security
Akeyless Security is a private Israeli cloud-native identity security platform providing secrets management, certificate lifecycle management, multi-cloud KMS, modern PAM, and AI agent security for Fortune 500 enterprises in finance, technology, retail, and manufacturing verticals.
- Company typePrivate
- Founded2018
- HeadquartersRamat Gan, Israel
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Akeyless Security does
Akeyless Security is a private Israeli identity security company founded in 2018 and headquartered in Ramat Gan, Israel, providing a unified cloud-native SaaS platform for managing secrets, certificates, encryption keys, and privileged access across hybrid and multi-cloud environments. The platform is built around its patented Distributed Fragments Cryptography (DFC), which fragments and distributes secret keys across multiple locations to eliminate centralized vaults and deliver zero-knowledge security with hybrid post-quantum encryption. The product portfolio spans Secrets Management, Multi-Vault Governance (Universal Secrets Connector), Certificate Lifecycle Management, Modern PAM with just-in-time access, Multi-Cloud KMS, and an emerging AI Agent Identity Security suite (Agentic Identity Intelligence, SecretlessAI, Agentic Runtime Authority). The platform secures over 220 billion machine interactions annually and is used by Fortune 50 and Fortune 500 enterprises including Deutsche Bank, Thales, Cimpress, Wix, Progress, Hugo Boss, Constant Contact, Amdocs, Rite-Hite, Evoke, and Outbrain, spanning finance, technology, retail, and manufacturing verticals.
Akeyless generates revenue primarily through enterprise SaaS subscriptions, with quote-based annual contracts for the platform and a free self-serve console tier for trial and developer adoption. Distribution combines enterprise field sales targeting Fortune 500 accounts, a self-serve product-led growth motion via console.akeyless.io, and an active channel partner program with deal registration that was further reinforced by senior partner-program appointments in 2026. The company has raised approximately $80 million in total venture funding, with the most recent round a $65 million Series B led by NGP Capital in November 2022, with participation from Team8 Capital and JVP; at that time Akeyless reported 350% year-over-year revenue growth.
Strategic positioning has shifted materially since 2025, with Akeyless recasting itself as an identity security platform for the AI era. The 2025-2026 product launches targeted at AI agent identity and runtime authority, the integration with VAST Data's AI Operating System, the appointment of Yael Fainaro (ex-CyberArk, Cisco) as Chief Strategy Officer, and the publication of the proprietary 2026 State of AI Agent Identity Security report all point to a deliberate category-creation bet on AI agent security. Compliance posture has also been expanded, with ISO 27001:2022, FIPS 140-3, SOC 2 Type II, PCI DSS, GDPR, and DORA certifications supporting sales into regulated and government buyers.
Akeyless Security firmographics
Firmographics- Name
- Akeyless Security
- Legal name
- Akeyless Security
- Website
- https://akeyless.io
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Akeyless Security is a private Israeli cloud-native identity security platform providing secrets management, certificate lifecycle management, multi-cloud KMS, modern PAM, and AI agent security for Fortune 500 enterprises in finance, technology, retail, and manufacturing verticals.
- Ownership category
- akta.pro rank
Akeyless Security industry classification
Industry- Product category
- Identity and Secrets Management
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Secrets Management & Machine Identity (API keys, certificates, workload identity) (HDAEAJAJ)
- akta.pro secondary industries
- Secrets Management & Credential Vaulting (HDADAAAJ), Access Management & Policy Enforcement (Zero Trust) (BPAMAEAH)
Keywords
Where Akeyless Security is headquartered
LocationHeadquarters
- HQ city
- Ramat Gan
- HQ country
- Israel
- HQ region
- Middle East
Offices1 record
Markets served
Akeyless Security business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription (Identity Security Platform): Akeyless operates as a SaaS-based secrets management platform delivering identity security for machines, AI agents, and humans on a subscription basis. The platform's capabilities span secrets management, certificate lifecycle management, PAM, and multi-cloud KMS, all delivered as cloud-native services with per-seat or consumption-based pricing models implied by the enterprise SaaS positioning.
- Enterprise Platform Licensing: With Fortune 50 and Fortune 500 enterprise adoption, revenue is generated through enterprise license agreements, likely tiered by scale, feature access, and identity volume. The company reported 350% revenue growth year-over-year, indicating strong land-and-expand dynamics within accounts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free / Trial tier for evaluation |
| Subscription | Annual | Enterprise tier with full platform access |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels10 records
Akeyless Security product offering
Product offeringCore offering
Akeyless provides a unified SaaS-based Identity Security Platform that delivers secrets management, certificate lifecycle management, multi-cloud key management, and modern Privileged Access Management (PAM) for machine, AI agent, and human identities. The platform uses patented Distributed Fragments Cryptography (DFC) to enable vaultless, zero-knowledge security with hybrid post-quantum encryption across hybrid and multi-cloud environments, securing over 220 billion machine interactions annually for enterprise customers.
Product overview
Akeyless offers a unified Identity Security Platform for securing AI agents, machines, and human identities. The platform provides a comprehensive portfolio of products including Secrets Management (with Multi Vault Governance and Certificate Lifecycle Management), AI Agent Identity Security (featuring Agentic Identity Intelligence, SecretlessAI, and Agentic Runtime Authority), Human Identity Security (Modern PAM and Password Manager), and Encryption & Multi-Cloud KMS. The platform leverages patented Distributed Fragments Cryptography (DFC) and hybrid post-quantum encryption to secure over 220 billion machine identity interactions annually.
Differentiator
Problem solved
Functional benefit
Brands
- Agentic Identity Intelligence: AI agent discovery and mapping solution to discover and map AI agents
- SecretlessAI™
- Agentic Runtime Authority
- Secrets Management
- Multi Vault Governance
- Certificate Lifecycle Management
- Modern PAM
- Password Manager
- Multi-Cloud KMS
- Identity Security Platform
- Distributed Fragments Cryptography™ (DFC)
Products and services
- Identity Security Platform One unified cloud-native SaaS platform to secure and control AI agent, machine, and human identities, securing over 220 billion machine interactions annually across hybrid and multi-cloud environments.
- Secrets Management SaaS-based secrets management product that securely stores and dynamically delivers secrets with no static vault overhead, supporting multi-cloud and DevOps environments with secretless security model.
- Modern PAM Modern Privileged Access Management offering that eliminates standing privileges with just-in-time (JIT) zero-trust access enforcement for human identities across any environment.
- Certificate Lifecycle Management Enterprise certificate and PKI management product that automates certificate issuance, renewal, and compliance across the enterprise.
- Multi-Cloud KMS Quantum-resilient multi-cloud key management service that centralizes and automates encryption, tokenization, and key management across multiple cloud providers.
- Password Manager Enterprise password management product that enables teams to securely store, manage, and share passwords with enterprise-grade security controls.
- AI Agent Identity Security Solution for securing autonomous AI systems and non-human identities, providing a secretless identity model, identity provider, privileged access management, and AI insights for AI agent workflows.
Quantifiable outcome
- 45% average lower TCO compared to alternative secrets management approaches
- +5 more outcomes
Companies that use Akeyless Security
Customer profileNamed customers12 records
Segments5 records
Ideal customer profiles3 records
Akeyless Security technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability3 records
Feature9 records
Akeyless Security partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- VAST DatacoreAkeyless integrated its Identity Security Platform with the VAST AI Operating System to deliver zero-knowledge encryption and secrets management for high-performance AI workloads. The integration supports secure AI deployment at scale, simplifying and securing AI infrastructure for enterprises by combining Akeyless's identity security with VAST's AI-optimized data platform.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Akeyless Security competitors and assessment
Company assessmentDirect peers
- HashiCorp (Vault): HashiCorp Vault is the dominant enterprise secrets management platform and the primary replacement target cited by Akeyless customers such as Cimpress. Both companies deliver centralized credential, certificate, and key management for multi-cloud and DevOps environments, with overlapping core functionality around dynamic secrets, encryption-as-a-service, and policy enforcement.
- CyberArk: CyberArk is the established leader in privileged access management (PAM) and identity security for the enterprise. Akeyless's Modern PAM module (just-in-time access, zero standing privileges) competes directly with CyberArk's core offering, and CyberArk's recent moves into machine identity and secrets management put the two on collision course across the broader identity security platform.
- BeyondTrust: BeyondTrust is a leading privileged access management vendor with overlapping capabilities in just-in-time access, secrets management, and remote session control. Both companies target Fortune-class enterprises seeking to eliminate standing privileges and modernize legacy PAM deployments.
- Delinea: Delinea (formerly Centrify + Thycotic) is a major PAM and privileged credential management vendor. Its Secret Server and cloud-native PAM offerings compete directly with Akeyless's Modern PAM and Secrets Management modules for enterprise buyers replacing or augmenting legacy PAM stacks.
- Keeper Security: Keeper Security is a leading enterprise password management and zero-knowledge security provider with overlapping capabilities in credential vaulting, secrets management, and privileged access. Both companies compete for password manager and credential security budget within Fortune-class enterprises.
Broad incumbents
- AWS Secrets Manager: AWS Secrets Manager is the hyperscaler-native secrets management service bundled with AWS enterprise spend. It overlaps with Akeyless's secrets management and KMS capabilities for AWS-centric customers and represents the most common "good enough" alternative that Akeyless must displace to win deals.
- Microsoft Azure Key Vault: Azure Key Vault provides secrets management, key management, and certificate management as a native Azure service. It is the default choice for Microsoft-heavy enterprises and competes with Akeyless on multi-cloud KMS, secrets management, and certificate lifecycle management.
- Google Cloud Secret Manager: Google Cloud Secret Manager is the native hyperscaler offering for secrets and credential storage on GCP. It competes with Akeyless for Google Cloud-centric workloads and is part of the broader hyperscaler bundling pressure on standalone vendors.
Emerging players
- Doppler: Doppler is an emerging developer-focused secrets management platform with strong product-led growth motion. While smaller and more developer-centric than Akeyless, it competes for the same SMB and mid-market engineering teams evaluating alternatives to HashiCorp Vault.
- Infisical: Infisical is an open-source secrets management platform gaining traction with developer teams and smaller enterprises. It targets a similar use case as Akeyless's Secrets Management offering but from a developer-first, open-source positioning rather than an enterprise field-sales model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Akeyless Security social profiles
Digital presenceAkeyless Security compliance and trust
Trust signalCompliance7 records
Akeyless Security financial estimates
Financial estimateRevenue estimate
Valuation estimate
Akeyless Security leadership team
Management profileNumber of profiles
Profiles5 records
Akeyless Security funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Akeyless Security M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Akeyless Security
What does Akeyless Security do?
Akeyless provides a unified SaaS-based Identity Security Platform that delivers secrets management, certificate lifecycle management, multi-cloud key management, and modern Privileged Access Management (PAM) for machine, AI agent, and human identities. The platform uses patented Distributed Fragments Cryptography (DFC) to enable vaultless, zero-knowledge security with hybrid post-quantum encryption across hybrid and multi-cloud environments, securing over 220 billion machine interactions annually for enterprise customers.
Is Akeyless Security a public or private company?
Akeyless Security is a private company. It is classified as venture growth investor backed and is currently operating.
When was Akeyless Security founded?
Akeyless Security was founded in 2018. It employs 51 to 100 people.
Where is Akeyless Security based?
Akeyless Security is headquartered in Ramat Gan, Israel, in the Middle East region.
How does Akeyless Security make money?
Two revenue lines are on record. SaaS Subscription (Identity Security Platform) is the primary driver. The others are enterprise Platform Licensing.
Who are Akeyless Security's main competitors?
Direct peers on record are HashiCorp (Vault), CyberArk, BeyondTrust, Delinea and Keeper Security. Broad incumbents are AWS Secrets Manager, Microsoft Azure Key Vault and Google Cloud Secret Manager. Emerging players are Doppler and Infisical.
Does Akeyless Security have an API?
No public API is recorded for Akeyless Security.
What industry is Akeyless Security in?
Akeyless Security's product category is Identity and Secrets Management. Its primary akta.pro industry code is HDAEAJAJ, Secrets Management & Machine Identity (API keys, certificates, workload identity), with a secondary code of HDADAAAJ, Secrets Management & Credential Vaulting. Its NAICS code is 513210 and its SIC code is 7372.