Insight Partners is an awesome firm that shares many of our values, and we’ve been grateful to have them as partners on this journey of building a great company based on a great product.
Eran Zinman Co-Founder & CEO Monday.com*
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Insight Partners is an awesome firm that shares many of our values, and we’ve been grateful to have them as partners on this journey of building a great company based on a great product.
Keyfactor is a leading provider of digital identity management solutions, enabling enterprises to secure and manage their public key infrastructure (PKI) and digital certificates. As the demand for robust cybersecurity solutions grew, Keyfactor sought to accelerate market expansion, scale operations, and maintain technological innovation to stay ahead of evolving cybersecurity threats.
Accelerating Market Expansion with Leadership Alignment
To address its growth challenges, Insight Partners played a pivotal role in identifying and recruiting Jordan Rackie as Keyfactor’s CEO. Rackie’s go-to-market expertise aligned perfectly with Keyfactor’s needs, driving the company’s strategic vision forward. Insight also provided ongoing board-level support, helping the leadership team navigate the complexities of scaling the business while maintaining a balanced growth strategy.
Achieving Unprecedented Revenue Growth
With Insight’s guidance, Keyfactor achieved remarkable growth in annual recurring revenue (ARR), increasing by approximately 1042.86% from May 2019 to 2023. By 2024, Keyfactor had surpassed $100M in ARR, cementing its position as a leader in the cybersecurity and digital identity management space.
Key Contributions from Insight Partners
- Leadership Recruitment: Facilitated the recruitment of Jordan Rackie as CEO, bringing transformational leadership to drive growth.
- Board-Level Support: Provided strategic advisory support to guide the company through scaling operations and achieving market expansion.
- Revenue Growth: Enabled Keyfactor to grow ARR by over 1000%, achieving significant market success and surpassing $100M in ARR.
Keyfactor’s rapid growth and innovation, bolstered by Insight Partners’ strategic leadership and operational support, have positioned the company as a trusted leader in digital identity management. With a focus on market expansion and staying ahead of cybersecurity threats, Keyfactor is poised for continued success in protecting digital identities worldwide.
