Razoon

What Razoon does

Razoon AG is a Swiss IT company headquartered in Winterthur, Switzerland that specializes in Identity and Access Management (IAM). Founded in 2000 by Lukas Engel and a partner as a web development company, the firm pivoted to custom software development in 2005 and to its current IAM focus in 2017, when it began developing its proprietary solution waave. The company serves large international organizations with complex identity management requirements; two named enterprise customers include a global industrial company with 30,000+ employees across 100+ countries and a global financial group with 50,000+ employees worldwide. Razoon is privately held, founder-owned, and has been operating continuously since 2000.

The company's core product is waave, a cloud-based IAM platform operated as SaaS in Microsoft Azure using a microservice/service-oriented architecture with REST API and PowerShell interfaces. It comprises five modules: Workforce Identity Management (with a Universal Directory as the central identity index), Access Management (combining Role-Based and Attribute-Based Access Control), Resource Management (covering shared mailboxes, distribution groups, and service accounts), Governance (logging, auditing, and compliance), and Technology (the underlying Azure-based infrastructure). Pre-built integrations include SAP SuccessFactors, Workday, ServiceNow, MuleSoft, Apigee, Microsoft 365, Active Directory, Microsoft Teams, Exchange, Salesforce, Domino, and SAP. The platform is complemented by four professional service lines: IAM Implementation, IAM Operations, HR Systems Integration, and ITSM/API Management Integration.

Razoon operates a sales-led, direct enterprise go-to-market motion with CEO Lukas Engel serving as the primary point of contact. Revenue is generated through multi-year SaaS subscriptions on a flexible rental model, professional services for implementation, and managed operations services. Pricing is not publicly disclosed and requires consultation. The company has 11-50 employees, no external investors or funding rounds disclosed, and limited marketing activity focused on content marketing, SEO, and direct enterprise engagement.

Name

Razoon

Legal name

Razoon AG

Website

https://razoon.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Razoon AG is a Swiss Identity and Access Management software and services company that provides its proprietary cloud-based waave platform and professional services to large international enterprises for HR-driven identity lifecycle management, access governance, and Microsoft-centric IAM automation.

Ownership category

akta.pro rank

Product category

Identity and Access Management Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

Cloud Identity & Access Management Infrastructure (IAM/IdP/MFA) (HDABAHAF)

akta.pro secondary industries

Identity & Access Management (IAM) Administration Services (BPAEABAJ), Identity & Access Management (IAM) Managed Services (BPAEADAE), HRIS/HCM Implementation Services (BPAEAGAE)

Keywords

• Identity access management
• Cloud IAM software
• Workforce identity lifecycle
• HR-driven provisioning
• Enterprise access governance

Headquarters

HQ city

Winterthur

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. SaaS Subscription (waave): Customers rent waave flexibly according to their needs. The company handles installation and updates. Uses PaaS components eliminating need for additional infrastructure.
2. IAM Implementation Services: Professional services for implementing Identity and Access Management solutions. Includes analysis, design, implementation, testing, go-live support, training, and ongoing optimization.
3. IAM Operations Services: Ongoing operations and monitoring services for waave, including 2nd and 3rd level support, training, and technical assistance.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Razoon develops and sells waave, a proprietary cloud-based Identity and Access Management (IAM) SaaS solution hosted on Microsoft Azure that centralizes identity management and automates Joiner, Mover, Leaver lifecycle processes for enterprise workforces. The platform integrates with HR systems (SAP SuccessFactors, Workday), ITSM tools (ServiceNow), and API management suites (MuleSoft, Apigee) to provision access rights across Microsoft 365, Active Directory, Exchange, and other target systems. The company complements the waave software with professional IAM implementation, operations, HR systems integration, and ITSM/API management integration services for large international enterprises.

Product overview

Razoon offers a unified cloud-based Identity and Access Management platform called 'waave' combined with professional IAM services. The waave platform consists of five integrated modules: Workforce Identity Management (with Universal Directory for centralized identity management), Access Management (featuring RBAC/ABAC role models), Resource Management (for non-personal identities like shared mailboxes and service accounts), Governance (for compliance, auditing and logging), and Technology (built on Microsoft Azure with microservice architecture). Razoon complements the waave software with four professional IAM services: IAM Implementation (covering analysis, design, testing, and go-live), IAM Operations (ongoing support and monitoring), HR Systems Integration (connecting SAP SuccessFactors, Workday and other HR systems for automated lifecycle management), and ITSM/API Management Integration (integrating with ServiceNow, MuleSoft, and Apigee for end-to-end automation). Together, the waave platform and services enable large international organizations to manage identities and access rights across complex, multi-system environments.

Differentiator

Problem solved

Functional benefit

Brands

• waave: Cloud-based Identity and Access Management (IAM) solution offered as SaaS in Microsoft Azure. Provides workforce identity management, access management, resource management, and governance features.

Products and services

• waave Cloud-based Identity and Access Management (IAM) SaaS solution operated in Microsoft Azure, providing centralized and automated management of identities and access rights, including workforce identity management, access control, resource management, and governance for large enterprises.
• IAM Implementation Professional services for implementing Identity and Access Management, including analysis, design, implementation, testing, go-live support, training, and ongoing optimization for enterprise customers.
• IAM Operations Ongoing operations and support services including 2nd and 3rd level support, monitoring, and technical assistance for waave deployments in enterprise environments.
• HR Systems Integration Integration of HR systems like SAP SuccessFactors or Workday to automate Joiner, Mover, and Leaver processes based on HR data with high data quality for enterprise customers.
• ITSM and API Management Integration Integration with ITSM platforms like ServiceNow and API management suites like MuleSoft and Apigee for end-to-end automation and unified end-user experience in enterprise IAM environments.

Quantifiable outcome

• Automated processes for 30,000+ employees across 100+ countries
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Swiss Made SoftwareminorOthers · 1 January 2021Razoon AG holds the 'Swiss Made Software' label, which stands for Swiss quality, reliability and precision in software development. This certification is recognized nationally and internationally and serves as a quality assurance marker for their software products.
• SwissICTminorOthersRazoon AG is a member of SwissICT, the largest Swiss professional association for the ICT industry. The association promotes exchange of ideas and know-how between members and a positive image of the Swiss ICT industry.
• SAP SuccessFactorscoreTechnology or IntegrationTechnology integration partnership. waave integrates with SAP SuccessFactors to retrieve HR data and execute automated joiner, mover, and leaver processes. Used by major enterprise customers for HR-driven identity management.
• MicrosoftcoreTechnology or IntegrationCore technology partnership. waave is built on Microsoft Azure cloud and provides deep integration with Microsoft 365, Active Directory, Microsoft Teams, and Entra ID. Solution operates as SaaS in customer's Azure environment.
• ServiceNowcoreTechnology or IntegrationIntegration partnership. waave connects with ServiceNow via API to enable self-service forms for identity management, mailbox management, and authorization requests, providing automated workflows and end-user experience.
• WorkdaycoreTechnology or IntegrationTechnology integration partnership. waave integrates with Workday for HR-driven identity management, similar to SAP SuccessFactors integration, enabling automated lifecycle processes.
• MuleSoftcoreTechnology or IntegrationAPI management integration. waave connects to MuleSoft API Management Suite enabling internal applications to access identity data, personal identities, shared mailboxes, and distribution groups via REST API.
• ApigeecoreTechnology or IntegrationAPI management integration. Mailbox management software connects to Apigee enabling applications to query mailbox information, create new mailboxes, and update/delete existing mailboxes.

Scale indicators6 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• SailPoint: Leading identity governance and cloud identity management vendor serving large enterprises. Competes with Razoon for the same identity governance, access certification, and lifecycle management budgets at multinational customers.
• Saviynt: Cloud-native identity governance and privileged access management platform targeting large enterprises. Overlaps with Razoon on identity lifecycle, access requests, and governance for complex multi-system environments.
• Okta: Cloud-native workforce identity and SSO platform widely adopted by large enterprises. Competes with Razoon on identity lifecycle management, access governance, and integrations with HR and ITSM systems.
• Ping Identity: Enterprise identity platform covering workforce SSO, access management, and identity governance. Targets the same large enterprise buyer and overlaps with Razoon on cloud-delivered IAM capabilities.
• One Identity (One Identity Manager): Identity governance and administration vendor with strong presence in large enterprise Microsoft-centric environments. Competes directly with Razoon's waave on identity lifecycle, access management, and HR-driven provisioning.

Broad incumbents

• IBM Security Verify: IBM's identity and access management suite (built on technologies from the Crossmatch and Lighthouse Security acquisitions). Competes for enterprise IAM deals alongside Razoon, particularly with global enterprise customers.
• ManageEngine (Zoho): Broad IT management suite including Active Directory and identity management modules. Competes with Razoon on AD-centric identity administration and lifecycle automation in mid-to-large enterprises.
• Microsoft Entra ID: Microsoft's cloud-native identity and access management service (formerly Azure Active Directory) bundled with Microsoft 365. It is the most direct substitute for Razoon's waave in the Microsoft ecosystem and the dominant incumbent Razoon competes against for enterprise IAM budgets.
• CyberArk: Leader in privileged access management and broader identity security. Competes with Razoon for identity security budgets at large enterprises, especially where privileged and non-personal identities (service accounts) are in scope.

Emerging players

• BeyondTrust: Privileged access management and identity security vendor with overlap to Razoon on service account and non-personal identity governance. Competes in adjacent parts of the enterprise identity stack rather than as a like-for-like IAM suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/razoon-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Razoon