Omada Partners with GRO and Kirk Kapital for Growth in Identity Governance Field
Omada A/S, an industry leader in Identity Governance and Administration (IGA), has recently announced a significant step forward in its strategic journey, thanks to new backing from GRO and Kirk Kapital. This investment marks a pivotal moment for the company as they aim to enhance their cutting-edge identity governance solutions and expand their market presence.
The collaboration involves GRO, an existing investor and a key player in the private equity landscape focused on B2B software companies, alongside Kirk Kapital, known for its long-term investment strategy in market-leading organizations. This partnership signifies a vote of confidence in Omada’s potential and its innovative approach to identity management, which is becoming increasingly crucial as organizations navigate complex digital environments.
Omada's AI-driven identity governance platform is designed to provide enterprises with the tools necessary to manage access to systems and applications effectively. The company’s cloud-native, multi-tenant platform aims to simplify identity management, enhance security, and ensure compliance with regulatory requirements. By leveraging artificial intelligence, Omada not only aims to reduce the attack surface for businesses but also to maintain real-time visibility into user access, ultimately boosting both security and operational resilience.
The digital landscape is evolving, and so are the challenges organizations face regarding data protection. Omada's solutions are positioned to address these issues, enabling enterprises to manage identity workflows with greater efficiency and precision. Customers can expect to see significant improvements, including a decrease in provisioning time by 80% and a 60% reduction in help desk tickets, often realizing value from the platform within just 90 days.
The recent funding round led by GRO Fund III, with contributions from other noteworthy investors such as the Private Equity Group of J.P. Morgan Asset Management, places Omada on an accelerated path for global growth. This capital infusion will allow the company to double down on product innovation, particularly within AI and machine identity, and explore strategic mergers and acquisitions.
Michael Garrett, CEO of Omada, emphasizes the importance of this new phase in their journey, stating, "This marks an exciting new chapter for Omada. With continued backing from GRO and the addition of Kirk Kapital, we're positioned to strengthen our vision for the future of identity governance."
The backing from GRO reflects their strategic focus on cybersecurity software, as Lars Dybkjær, Managing Partner at GRO, noted, "Omada exemplifies the type of innovation and ambition we’re proud to support. With AI becoming critical to enterprise security, Omada is poised to shape the industry's future."
Kirk Kapital sees immense opportunities in Omada's approach, with CEO Kim Gulstad expressing excitement about joining the journey, highlighting their shared goals for growth and innovation in the identity governance sector.
As this partnership progresses, Omada is dedicated to solidifying its position as a leader in IGA solutions, tapping into new market segments while enhancing its existing offerings. The firm aims not only to maintain its competitive edge but also to redefine standards for identity governance globally.
The closing of this investment deal is pending customary regulatory approvals, after which Omada looks to forge ahead with its ambitious plans for the future.
Founded in 2000, Omada specializes in simplifying Identity Governance and Administration, providing organizations with innovative solutions designed to meet the demands of complex hybrid environments. Their commitment to operational efficiency and risk reduction positions them well within a rapidly changing digital landscape.
GRO is a Northern European private equity firm with an exclusive focus on investing in B2B software companies, while Kirk Kapital is a family-owned investment company known for its strategic minority investments in leading enterprises across Scandinavia. Together, they are set to support Omada in realizing its ambitious vision.
A Promising Partnership
The collaboration involves GRO, an existing investor and a key player in the private equity landscape focused on B2B software companies, alongside Kirk Kapital, known for its long-term investment strategy in market-leading organizations. This partnership signifies a vote of confidence in Omada’s potential and its innovative approach to identity management, which is becoming increasingly crucial as organizations navigate complex digital environments.
Enhanced Identity Governance Solutions
Omada's AI-driven identity governance platform is designed to provide enterprises with the tools necessary to manage access to systems and applications effectively. The company’s cloud-native, multi-tenant platform aims to simplify identity management, enhance security, and ensure compliance with regulatory requirements. By leveraging artificial intelligence, Omada not only aims to reduce the attack surface for businesses but also to maintain real-time visibility into user access, ultimately boosting both security and operational resilience.
The digital landscape is evolving, and so are the challenges organizations face regarding data protection. Omada's solutions are positioned to address these issues, enabling enterprises to manage identity workflows with greater efficiency and precision. Customers can expect to see significant improvements, including a decrease in provisioning time by 80% and a 60% reduction in help desk tickets, often realizing value from the platform within just 90 days.
Driving Innovation and Growth
The recent funding round led by GRO Fund III, with contributions from other noteworthy investors such as the Private Equity Group of J.P. Morgan Asset Management, places Omada on an accelerated path for global growth. This capital infusion will allow the company to double down on product innovation, particularly within AI and machine identity, and explore strategic mergers and acquisitions.
Michael Garrett, CEO of Omada, emphasizes the importance of this new phase in their journey, stating, "This marks an exciting new chapter for Omada. With continued backing from GRO and the addition of Kirk Kapital, we're positioned to strengthen our vision for the future of identity governance."
The backing from GRO reflects their strategic focus on cybersecurity software, as Lars Dybkjær, Managing Partner at GRO, noted, "Omada exemplifies the type of innovation and ambition we’re proud to support. With AI becoming critical to enterprise security, Omada is poised to shape the industry's future."
Kirk Kapital sees immense opportunities in Omada's approach, with CEO Kim Gulstad expressing excitement about joining the journey, highlighting their shared goals for growth and innovation in the identity governance sector.
Looking Ahead
As this partnership progresses, Omada is dedicated to solidifying its position as a leader in IGA solutions, tapping into new market segments while enhancing its existing offerings. The firm aims not only to maintain its competitive edge but also to redefine standards for identity governance globally.
The closing of this investment deal is pending customary regulatory approvals, after which Omada looks to forge ahead with its ambitious plans for the future.
About Omada
Founded in 2000, Omada specializes in simplifying Identity Governance and Administration, providing organizations with innovative solutions designed to meet the demands of complex hybrid environments. Their commitment to operational efficiency and risk reduction positions them well within a rapidly changing digital landscape.
About GRO and Kirk Kapital
GRO is a Northern European private equity firm with an exclusive focus on investing in B2B software companies, while Kirk Kapital is a family-owned investment company known for its strategic minority investments in leading enterprises across Scandinavia. Together, they are set to support Omada in realizing its ambitious vision.
Topics Business Technology）
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