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Identity Security Startup Orchid Security Raises $36 Million in Seed Funding

orchid1
  • January 26, 2025
  • Fraud / Risk Management, Insights

Orchid Security, an identity security AI startup, has raised $36 million in seed funding to enhance its platform and expand operations in North America and Europe. The company uses advanced LLM (large language model) analytics, optimal reasoning, and code recognition to automate identity control and compliance evaluations for enterprise cybersecurity frameworks, counting Costco and Repsol as notable customers. According to CEO Roy Katmore, Orchid’s technology aims to help organizations improve identity security while reducing costs and operational complexities.

Identity Security Startup Orchid Security Raises $36 Million in Seed Funding

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