// startup autopsy
Authomize
Identity posture management startup shut down in 2023 after ISPM market collapsed before it matured.
competitionSilent Shutdown
Quiet closure with no public announcement
| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | Israel |
| Sector | Cybersecurity |
| Founder | Doron Hendler, Amir Shafrir |
// the model, blind
Evaluating only Authomize’s profile at its peak — without knowing the outcome — the model ranked Competition as the #1 likely cause. That’s exactly how it died.
Key Events Timeline
FOUNDING
Doron Hendler and Amir Shafrir founded Authomize in Tel Aviv to map and secure identity relationships across cloud services.
FUNDING
Raised $16M Series A; launched Identity Security Posture Management platform covering AWS, Azure, Okta, and Salesforce.
PIVOT
Attempted to expand from ISPM into broader ITDR category as enterprise buyers demanded more comprehensive coverage.
SHUTDOWN
Authomize shut down June 2023 after failing Series B; assets sold to Entro Security, team dispersed.