Descope closes its seed financing round with an additional $35M, totaling $88M. The round saw participation from Notable Capital, Lightspeed Venture Partners, and others, aimed at enhancing R&D and regional expansion.
Sep 30, 2025•3 days ago
Amount Raised
$35 Million
Investors
TriventuresCerca PartnersUnusual VenturesDell Technologies CapitalLightspeed Venture PartnersNotable Capital
Description
Descope has successfully extended its seed funding round by $35M, bringing the total funding to $88M, solely from existing investors. The new financing will be utilized for R&D investment in agentic identity and expanding its platform. The company is also growing its engineering and product teams. Descope aims to enhance customer experience and prevent account takeovers with its no-code/low-code IAM platform.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech