Saviynt is a pioneering company specializing in identity management and security solutions, providing cloud-first identity governance and access management solutions tailored for businesses.
Its solutions focus on ensuring that entities have the appropriate access to sensitive information and that identity management processes are both efficient and secure.
In 2024, Saviynt achieved remarkable growth in cloud identity security, with several key highlights that underscore its success in the market::
Year-end 2024 ARR up over 35% year-over-year at $200M
Subscription revenue accounted for 88% of total revenues
Total new SaaS ACV bookings were approximately $60 million, up more than 35% year-over-year
Contracted GRR exceeded 95%, or 98% when excluding downsell
Increased NRR from 104% to 111%
Subscription Gross Margin reached nearly 80%
Became profitable in 2024 generating positive cash EBITDA for the fiscal year
Feb 6, 2025
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