AuthMind, a Bethesda-MD-based observability-based identity protection platform, has secured $19.3 million in seed funding.
Investors
The round was led by Cheyenne Ventures, with participation from Black Opal Ventures, K2 Access Fund, the Jefferies Family Office, Silver Buckshot Ventures, Blu Venture Investors, and existing investors Ballistic Ventures and IBM.
Cheyenne Ventures is a growth-stage venture capital firm based in Woodside, California. The firm specializes in providing flexible equity financing to companies at the expansion stage, often leading investments or joining syndicates with top-tier VCs. Cheyenne Ventures focuses on sectors such as AI infrastructure, cybersecurity, cloud management, SaaS, consumer products, and health innovations.
AuthMind Use of Funds
The company will use the funding to expand go-to-market operations and accelerate product innovation for its identity protection platform.
About AuthMind
Founded in 2020, AuthMind provides identity protection solutions for organizations operating in hybrid, multi-cloud, SaaS, and on-premises environments. Its observability-driven platform offers real-time visibility and protection for human and non-human identities, helping enterprises address critical identity security challenges such as blind spots, infrastructure gaps, and misconfigurations. Based in Bethesda, Maryland, with R&D operations in Pune, India.
Funding Details
Company: AuthMind Inc.
Raised: $19.3M
Round: Seed
Funding Date: April 2025
Lead Investor: Cheyenne Ventures
Additional Investors: Black Opal Ventures, K2 Access Fund, Jefferies Family Office, Silver Buckshot Ventures, Blu Venture Investors, Ballistic Ventures, IBM
Company Website: https://www.authmind.com/
Software Category: Identity Protection / Cybersecurity /
Source: https://www.prnewswire.com/news-releases/authmind-announces-19-3m-seed-funding-led-by-cheyenne-ventures-to-advance-observability-driven-identity-protection-across-human-non-human-and-agentic-ai-identities-302434615.html