Descope closes $88M Seed round with $35M extension
The company launched from stealth in February 2023 with $53 million in Seed funding and has since grown to serve thousands of organizations.
Israeli startup Descope has closed its Seed financing round with $35 million in new funding, bringing its total to $88 million. The Seed extension, offered only to existing investors, included participation from Notable Capital, Lightspeed Venture Partners, Dell Technologies Capital, Unusual Ventures, Cerca Partners, and Triventures.
In addition to the funding, Descope has announced the appointment of an advisory board composed of customers, partners, and industry leaders.“The Descope advisory board is a reflection of the diverse nature of our customer base and our deep industry relationships,” said Dan Sarel, Co-Founder and CPO of Descope.
The board is comprised of Arnie Katz, Chief Product and Technology Officer, GoFundMe; Naveen Zutshi, Chief Information Officer, Databricks; Nitin Shingate, Chief Technology Officer, GoodRx; Deepa Gopinath, Chief Information Officer, MongoDB; Yaron Blachman, Chief Information Security Officer, OpenWeb, and Saurabh Sharma, Chief Product Officer, You.com.
Descope’s platform enables organizations to create and manage identity journeys for users, partners, and AI agents through no-code and low-code workflows. Organizations use Descope to enhance customer experience, help prevent account takeover, and ensure secure and scalable adoption of AI agents and MCP servers.
“It has been a pleasure scaling the startup mountain once again, and we haven’t even reached base camp yet,” said Slavik Markovich, Co-Founder and CEO of Descope. “We’re very grateful for the trust our customers and the developer community have placed in Descope, the guidance and partnership of our investors, and the relentless grit and execution of the Descope team. We look forward to the climb ahead and getting closer to our vision of ‘descoping’ authentication and identity management from every developer’s daily work.”
Founded in 2022, Descope launched from stealth in February 2023 with $53 million in Seed funding. The company plans to use the new funds to expand research and development in “agentic identity,” broaden its platform to new regions, and grow its engineering, product, and customer experience teams. It is used by hundreds of organizations–from startups in stealth to Fortune 500 enterprises–to simplify and secure their customer, partner, and agentic identity journeys.
