Defakto
Track on RadarNon-human identity platform securing machine-to-machine interactions
- Total raised
- $49.05M
- Employees
- 45
- Founded
- 2022
- Momentum
- 53
Steady
Data updated August 2026
About
About Defakto
At a glance
Defakto is a cybersecurity company specializing in IAM, founded in 2022 and headquartered in Palo Alto, United States. It has raised $49.05M in total funding, employs about 45 people, and is privately held.
Defakto provides a non-human identity security platform designed to secure machine-to-machine interactions across enterprise infrastructure. The company addresses the challenge that modern enterprises have millions of non-human identities (APIs, workloads, AI agents) compared to thousands of human employees, with most secured using static secrets that rarely rotate. The platform eliminates static secrets by providing dynamic, cryptographic identities for automated interactions across pipelines, services, and AI agents. Defakto's solution is built to deliver enterprise-grade usability while implementing the security principles of open standards, addressing the gap where open-source solutions require years of complex implementation. Founded by Eli Nesterov and Danny Oliveri, the company emerged from firsthand experience managing identity at hyperscale infrastructure at ByteDance. Nesterov identified the technical challenges of implementing non-human identity solutions in enterprise environments, while Oliveri recognized the market need for a product-grade platform that combines security with practical adoption requirements. The platform targets enterprises dealing with the proliferation of non-human identities, which can outnumber human identities by ratios of 45:1 or higher. Defakto's approach focuses on providing managed identities for workloads, enabling organizations to govern and secure automated infrastructure interactions at scale. The company is backed by investors including Adverb Ventures, Bloomberg Beta, WndrCo, and J.P. Morgan.
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FAQ
Frequently asked questions about Defakto
When was Defakto founded?▾
Defakto was founded in 2022.
Where is Defakto headquartered?▾
Defakto is headquartered in Palo Alto, United States.
How much funding has Defakto raised?▾
Defakto has raised a total of $49.05M in total funding.
Is Defakto public or private?▾
Defakto is a privately-held company.
How many employees does Defakto have?▾
Defakto has approximately 45 employees.
What does Defakto do?▾
Defakto provides a non-human identity security platform designed to secure machine-to-machine interactions across enterprise infrastructure. The company addresses the challenge that modern enterprises have millions of non-human identities (APIs, workloads, AI agents) compared to thousands of human e…