Overview

• Descope closed a $35 million seed extension, bringing total funding to $88 million, with the round open only to existing backers.
• Participants included Notable Capital (GGV), Lightspeed Venture Partners, Dell Technologies Capital, Unusual Ventures, Cerca Partners, and Triventures, with Lightspeed stating Notable led the round.
• New funding will be directed to agentic identity R&D, regional expansion, and hiring across engineering, product, and customer experience teams.
• Descope named an advisory board featuring leaders from GoFundMe, Databricks, GoodRx, MongoDB, OpenWeb, and You.com to guide product direction.
• Positioned as a developer-first no-code/low-code external IAM platform for humans and AI agents, the company reports over a thousand organizations in production and hundreds of paying customers, while Lightspeed projects ARR will triple this year.