The SaaS CFO

$15M Raised to Protect Enterprises Against Account Takeovers


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Oort, a Boston, MA-based identity-centric enterprise security platform, raised $15 million in the funding of Seed and Series A rounds.

I interviewed Matt Caulfield, Founder and CEO at Oort. Matt put his time in as a cloud/systems engineer. While working at a Fortune 100 company, he saw a market opportunity in security and ditched his employee title for SaaS founder.

Oort will use the funds to grow and further accelerate its go-to-market (GTM) strategy and leadership in identity threat detection and response.

The round was co-led by .406 Ventures, Energy Impact Partners (EIP), and Cisco Investments and joined by existing investors including 645 Ventures, Bain Capital Ventures, and First Star Ventures.

  • CFO's watch out! You are a security target.
  • Oort protects against account takeovers
  • Founded 2019
  • Team size of 20
  • $15M total raised
  • Land and expand GTM strategy
  • Very engaged customers were a signal to raise
  • Matt Caulfield’s LinkedIn: https://www.linkedin.com/in/mcaulfie/

    Fundraise Story: https://www.thesaasnews.com/news/oort-raises-15-million-in-funding

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    The SaaS CFOBy Ben Murray

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