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Memority

A Paris-area Identity-as-a-Service platform, spun out of Accenture in 2023 and expanded through its 2026 acquisition of shadow-IT/identity-visibility startup Zygon, positioned as a European alternative to major US IDaaS vendors.

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53/100Incremental Innovator

Overview

Memority is a French Identity-as-a-Service (IDaaS) vendor built around Identity Factory, an identity and access management platform covering employees, partners, customers, and connected devices. The technology has a longer history than the current company: it originated inside Accenture, and Memority became an independent company in June 2023 when its founders, Gilles Casteran and Francis Gregoire, bought it out of Accenture – meaning the platform arrives with years of production deployment behind it rather than starting from a blank slate.

Note: this profile was created for a company listed in vendor records as “Zygon,” a Paris-founded SaaS-identity-governance and shadow-IT-detection startup (est. 2023). In March 2026, Memority acquired Zygon and folded its team and technology directly into Memority’s platform under the banner “Zygon is joining Memority” – Zygon’s identity-visibility and unmanaged-application-detection capabilities (finding apps and accounts used outside declared IT inventories) are being absorbed into Memority’s broader Identity Factory product rather than continuing as a separate company. Because Zygon no longer operates as an independent entity, this profile covers Memority, the current operating company, rather than the now-discontinued Zygon brand.

Memority raised a EUR13 million Series A in 2025 led by Tikehau Capital’s Brienne cybersecurity strategy – its first institutional round since regaining independence from Accenture – and the Zygon acquisition, its first, was funded off the back of that raise. Based in the Paris area (Puteaux) with a reported 51-200 employees, Memority is positioning itself as a European, sovereignty-conscious alternative to large US-based IDaaS platforms (Okta, Ping Identity, Microsoft Entra ID), a pitch that has real appeal for European public-sector and regulated buyers navigating data-residency and vendor-concentration concerns, even though it remains a smaller player by revenue and market share than the incumbents it is positioned against.

Innovation Matrix Assessment

Innovation Velocity 6/10

Within roughly three years of independence from Accenture, Memority raised a first institutional round and completed its first acquisition (Zygon) to add identity-visibility/shadow-IT-detection capability to its core IDaaS platform - a reasonably fast pace of capability expansion for a young independent company.

Operational Value 6/10

A 51-200 person team running a mature IDaaS platform with roots in years of Accenture-era production deployments, plus a completed acquisition integration, suggests solid operational capacity for its size and stage.

Market Momentum 6/10

The EUR13M Series A (2025) and the March 2026 Zygon acquisition - Memority's first - are concrete, independently reported momentum events (Silicon Canals, Memority's own press materials) rather than vague growth claims.

Category Disruption 4/10

IDaaS/IAM is a mature, crowded category dominated by Okta, Ping Identity, Microsoft Entra ID, and others; Memority's combination of a European-sovereign IDaaS platform with newly acquired shadow-SaaS/identity-usage-analytics technology is a meaningful differentiation move but not a fundamentally new technology category.

Real-World Efficacy 5/10

The Identity Factory platform has years of production history dating to its time inside Accenture, serving enterprise and public-sector clients in France, which is a real operational track record; no independent, published third-party technical evaluation of the platform's current performance was found in this research.

Enduring Relevance 5/10

European data-sovereignty and vendor-concentration concerns are a real and growing procurement factor for public-sector and regulated EU buyers, and folding in Zygon's shadow-IT/unmanaged-SaaS-detection capability addresses a genuinely current identity-security gap (SaaS sprawl) rather than just core provisioning.

Why CISOs Should Care

European organizations - particularly public-sector or regulated buyers wary of concentrating identity infrastructure with large US cloud providers - now get an IDaaS platform with built-in shadow-SaaS and unmanaged-access detection from a single, EU-based vendor.

What Makes It Different

Memority combines an IDaaS platform with production roots dating to its time inside Accenture with newly acquired identity-usage-analytics and shadow-IT-detection technology from Zygon, and pitches this combination explicitly as a European alternative to the dominant US-based identity providers.

The Matrix Verdict

53/100 — INCREMENTAL INNOVATOR

A credible, EU-headquartered IAM platform strengthening its identity-visibility capabilities through a sensible acquisition, appealing primarily to European buyers with data-sovereignty or vendor-concentration concerns. A reasonable evaluation candidate for that specific buyer profile; global enterprises without sovereignty constraints will find larger, more established IDaaS incumbents with broader ecosystems.

Editorial Note: Claims vs. Verified Findings

The Zygon acquisition, the EUR13M Series A, and Memority's 2023 buyout from Accenture are independently corroborated across multiple outlets (Silicon Canals, Memority's own press releases, Joffe & Associes, TheSaaSNews) and are treated as verified here. Specific customer counts, platform performance, and market-positioning claims found on Memority's own site are vendor-sourced and were not independently verified in this research.

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