Strata Identity

Strata Identity builds Maverics, an identity orchestration platform that sits in front of an organization’s existing identity systems — legacy on-premises products like Oracle Access Manager, CA SiteMinder, or IBM Tivoli alongside modern cloud identity providers like Okta, Azure AD/Entra, and Ping — and abstracts them behind a common policy and integration layer. Rather than asking enterprises to rip out and replace entrenched IAM infrastructure, which is often too risky or expensive to touch, Maverics lets them migrate applications off legacy identity systems incrementally, or run hybrid/multi-cloud identity stacks (common after M&A) without rewriting every application’s authentication logic.

Strata was founded in 2019 in Boulder, Colorado, by Eric Olden, Eric Leach, and Topher Marie — a team with a notable pedigree in the identity space, including Olden’s prior role as a co-author of the SAML standard and founder of earlier identity companies Oblix and Symplified. The company raised an $11 million Series A in 2021 led by Menlo Ventures with ForgePoint Capital, and has raised a reported $42 million total to date, with backers including Citi Ventures, IBM Ventures, and Kaiser Permanente Ventures.

Strata is generally credited as an early mover in the "identity orchestration" category that analyst firms like Gartner and KuppingerCole have since started tracking as a distinct market segment, positioned as a bridge layer rather than a replacement IAM system. That positioning is also its main limitation: Strata’s value depends on how much of an enterprise’s identity complexity Maverics can actually absorb, and independent, third-party performance data on large-scale deployments remains limited relative to more established IAM incumbents.