New Delhi, Dec. 15 -- Saviynt has raised $700 million in a Series B growth equity round at an approximate valuation of $3 billion, as identity security increasingly emerges as foundational infrastructure for enterprises deploying AI at scale.

The round was led by funds managed by KKR, with participation from Sixth Street Growth and TenEleven, alongside continued backing from existing investor Carrick Capital Partners. The multi-investor participation reflects growing alignment around identity management as a prerequisite for AI-led enterprise transformation.

Saviynt operates at the intersection of identity governance and security, managing access for human users, machines, workloads, and increasingly, AI agents. As enterprises adopt cop...