Cerby bags $40m Series B to protect disconnected apps across global enterprises

May 28, 2025

Cerby, a leading identity security automation platform, has raised $40m in a Series B funding round to fuel global expansion and product innovation.

The round was led by DTCP with continued support from Okta Ventures, Salesforce Ventures, and Two Sigma Ventures.

Founded in 2020, Cerby automates identity security for disconnected applications—those beyond the reach of traditional tools. Its platform integrates across Enterprise Password Management (EPM), Identity and Access Management (IAM), Identity Governance and Administration (IGA), and Privileged Access Management (PAM) systems to provide end-to-end lifecycle management and privileged access control.

With the new capital, Cerby plans to grow its Cerby Application Network, scale operations in North America and EMEA, and boost its AI capabilities. Target markets include Germany, France, the UK, and parts of the Middle East, driven by regulatory demand.

Cerby co-founder and CEO Belsasar Lepe said, “From day one, we’ve been laser-focused on eliminating the operational burden and security risk created by manual identity workflows—automatically, intelligently, and at scale. We’re building a world where identity security is fully automated—eliminating human error and ensuring no app is left behind.”

DTCP partner Lance Matthews said, “We are thrilled to be partnering with Cerby to support them in this exciting new stage of growth. The identity security industry is undoubtedly overdue for transformation—and Cerby is leading that shift with a true platform approach. I am confident that together with Belsasar and the team, Cerby will be able to execute on their bold vision, continuing to build on their proven solutions and unique platform.”

Since its Series A less than 20 months ago, Cerby has 10x’d ARR and grown its customer base 5x. Its platform now supports over 2,000 apps and 100+ global organisations, including L’Oréal, Fox, Allstate, and Chime.