Veza Technologies, Inc.

Veza Technologies, Inc. , based in the US, specializes in identity security solutions, enabling organizations to manage identities and access permissions effectively while mitigating risks associated with identity management. Founded in 2020, Veza Technologies, Inc. operates as a provider of identity security solutions aimed at helping organizations manage their identity risks.

The company is headquartered in the US, and its founders include Tarun Thakur, who has a history of entrepreneurial ventures. Veza has completed 6 deals, with the most recent being a TRADE SALE on November 26, 2025, where ServiceNow, Inc. acquired Veza for USD 1 billion. The total amount raised by the company stands at USD 1 billion, with investors including Accel, Bain Capital, and others.

Veza offers a comprehensive identity security platform that integrates Identity Security Posture Management (ISPM) and Identity Governance Administration (IGA) to address the growing challenges of identity risk in organizations. Their core offerings facilitate unified visibility and control over identities and permissions across various environments, including on-premises, cloud-native applications, and Software as a Service (SaaS) platforms. By automating identity processes, Veza aims to help organizations enforce least privilege principles and enhance their security posture, simplifying compliance and mitigating risks associated with excessive privileges and dormant accounts. The platform serves a diverse client base, including enterprises in sectors such as finance, technology, government, and hospitality, allowing organizations to effectively manage identities and access permissions.

Geographically, Veza's products are marketed and utilized across North America, Europe, and Asia-Pacific, catering to a global clientele focused on secure identity management. Veza’s revenue model is primarily based on subscription services, allowing clients to access its identity security platform through various pricing plans tailored to the specific needs of organizations. These subscriptions enable clients to utilize key functionalities such as Access Graph, Access AI, and continuous access governance, enhancing their identity management capabilities. The business transactions typically occur through B2B agreements where enterprises subscribe to the platform, receiving ongoing updates and support as part of their engagement.

Additionally, Veza may establish partnerships with other technology firms to expand its service offerings and integrate with existing systems used by their clients. The emphasis on ensuring continuous compliance and the protection of sensitive data underscores the value proposition of Veza’s services, leading to ongoing customer relationships and potential upsell opportunities within their existing client base. In November 2025, ServiceNow, Inc. is set to acquire Veza Technologies, Inc.

for USD 1 billion, a strategic move to integrate Veza’s identity security platform into ServiceNow's workflow automation suite, enhancing unified identity governance and access control across enterprise systems. This acquisition will enable Veza to focus on developing new products and expanding its geographic presence. They are targeting enhanced offerings in North America, Europe, and Asia-Pacific, and will utilize the recent funding to support product innovations and market expansion initiatives.