Lausanne-based identity security startup Saporo has raised €7 million in a Series A round, one of the largest identity-focused investments announced so far in 2025. The funding comes as identity-driven intrusions now account for 80% of cyber incidents, pushing enterprises to rethink how they manage access across sprawling hybrid environments.
The round was led by TIN Capital, with participation from G+D Ventures, CDP Venture Capital (via its Corporate Partners I – ServiceTech fund), XAnge, Lightbird VC and Session VC. Each investor plans to support Saporo’s geographic expansion: TIN Capital in Northern Europe, G+D Ventures in Germany and CDP Venture Capital in Italy.
A market where “attackers log in, not break in”
Saporo, founded in 2021, builds graph-native identity security technology that maps millions — and sometimes billions — of potential attack paths across hybrid identity systems: on-prem Active Directory, cloud directories, non-human identities and developer ecosystems.
CEO Olivier Eyries argues that existing identity threat detection tools mislead enterprises into thinking systemic risks are under control:
“ITDR and access graphs create a false sense of security. Large enterprises routinely have over a billion attack paths. Fixing them one by one is effectively a century-long project.”
Saporo claims customers can eliminate around 80% of risky identity paths in the first year, significantly reducing both exposure and remediation workload.
Funding surge highlights growing investor conviction
Identity-centric security has drawn increasing attention in early 2025. Several younger startups — including WiseBee (€2.1M) and Bsure (€1.8M) — also closed rounds recently, but Saporo’s €7M raise is notably larger. Investors say this signals a shift toward platforms that can operate across multiple cloud and enterprise systems, rather than narrow single-directory tools.
Roel Reijnen, Lead Investor at TIN Capital, said:
“Saporo is redefining identity security. Their technology delivers real, hard risk reduction instead of more dashboards and complexity. This is the strongest European platform in the market.”
Demand is rising fastest in highly regulated sectors — finance, healthcare, government and manufacturing — where Saporo reports over 140% customer retention.
Scaling across Europe and into the US
With the new capital, Saporo plans to:
- expand one-click and assisted remediation workflows
- extend coverage beyond Microsoft AD, Entra ID and AWS to Google Workspace/Cloud and GitHub
- grow its presence in France, Switzerland, Benelux, Germany and Italy, with a measured rollout in the US
- scale R&D, sales and marketing teams throughout 2026
The company employs staff across Switzerland, France and the US, and says internal AI tooling has already boosted engineering productivity by 30–40%.
Co-founder Guillaume Eyries framed the company’s long-term vision this way:
“Attackers don’t break in — they log in. The real question is not whether an identity gets compromised, but what it can do next. Saporo gives defenders the attacker’s view so they can remove risky paths before an incident.”
