Channel investors, Identity

Fabrix Security Raises $8M to Launch AI-Native Identity Platform

Fabrix Security has emerged from stealth with $8 million in seed funding and a platform built to tackle identity security in a new way. The company is focused on helping enterprises manage both human and non-human identities - covering everything from employees and contractors to bots, API keys, service accounts, and AI agents. The funding, led by Norwest, Merlin Ventures, and Jibe Ventures, will support product expansion and go-to-market plans.

The company is led by CEO Raz Rotenberg, who helped build Run.ai before its acquisition by NVIDIA, and CTO Ofir Yakovian, who brings identity and security expertise from Orca Security and Microsoft Entra. Backers include leaders with experience at NVIDIA, Palo Alto Networks, Tenable, Cyera, Google, and Microsoft - pointing to strong conviction that identity management is due for a shift.

Fabrix takes an AI-native approach, automating core identity and access tasks that have traditionally been manual and resource-heavy. Its AI agents run across an identity fabric graph, surfacing risks, enforcing least privilege, and managing access decisions with reasoning trails that can be explained and audited. The goal is to reduce identity sprawl and make security teams more effective at scale.

For enterprises, this means stronger visibility into - who and what - has access across SaaS, cloud, and on-prem systems. It also brings governance to non-human identities, an area that often lacks oversight but is growing quickly. With AI driving these workflows, Fabrix positions itself as a platform that can streamline identity governance, cut down on misconfigurations, and adapt access controls to the pace of business.

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