Overview

• Together Fund and Z47 co-led the round, with angel participation from Adam Frankl, Oliver Jay and Jagadeesh Kunda.
• Founded by former Freshworks authentication engineers Satya Devarakonda and Ravi Madabhushi, Scalekit provides a turnkey OAuth 2.1 authorization server, an encrypted token vault and a tool-calling layer for apps like Gmail, Slack, HubSpot and Notion.
• Early customers including SiftHub, Fello, Unstract, Napkin, Hubbl and Aerchain use the stack to manage agent identities and enforce least-privilege access for AI-native workflows.
• With the new capital, the roadmap includes background agent support, deeper tool-calling, granular authentication logs, auditability and observability, and prebuilt connectors for more than 1,000 external applications.
• Industry signals underscore demand, with Gartner projecting that 25% of enterprise breaches will involve compromised AI agents by 2028 and Okta reporting most IT leaders are concerned about controlling non-human identities as incumbents and startups like Okta, CyberArk, Sliverfort, Aembit, Entro, Astrix, Oasis, Token Security and Teleport crowd the space.