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Clutch

Clutch is a Tel Aviv-based platform that discovers, governs, and secures non-human identities, secrets, and AI agents across enterprise environments.

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62/100Incremental Innovator

Overview

Clutch (Clutch Security) is a Tel Aviv, Israel-based cybersecurity company founded in October 2023 that builds a platform for discovering, governing, and securing non-human identities (NHIs) — API keys, service accounts, tokens, certificates, and secrets — as well as, more recently, AI agents operating across cloud, SaaS, and on-premises environments. Its core technology, the ‘Identity Lineage Graph,’ maps relationships between an identity’s origin, owner, storage location, and the resources it accesses, which the company uses to build behavioral baselines, detect anomalous credential use, and progressively enforce zero-trust controls such as ephemeral credentials. The platform integrates with roughly 60-100+ infrastructure and identity tools and reports named enterprise customers including NTT Data, Fluidra, OpenWeb, and Cedar.

In January 2025, Clutch raised a $20 million Series A led by SignalFire, with participation from existing investors Lightspeed Venture Partners and Merlin Ventures, bringing its total funding to roughly $28.5 million since its $8.5 million seed round. The raise and the broader machine-identity security category were covered independently by TechCrunch, SecurityWeek, and Calcalist. CEO Ofir Har-Chen has a two-decade cybersecurity background, and co-founders Sagi Haas and Tal Kimhi previously worked at Axonius. The company operates in an increasingly crowded but fast-growing NHI and machine-identity segment alongside competitors such as Astrix Security, Entro Security, Oasis Security, and Token Security.

Innovation Matrix Assessment

Innovation Velocity 7/10

Went from an $8.5M seed to a $20M Series A in roughly 18 months while expanding from NHI and secrets discovery into AI-agent identity governance, indicating a fast product-iteration pace backed by credible investors.

Operational Value 7/10

Machine-identity sprawl is a genuine, growing blind spot for security teams, and named enterprise customers (NTT Data, Fluidra, OpenWeb, Cedar) suggest real operational adoption, not just a lab concept.

Market Momentum 7/10

Backed by SignalFire, Lightspeed Venture Partners, and Merlin Ventures with $28.5M total raised, independent press coverage in TechCrunch, SecurityWeek, and Calcalist, and a Fortune Cyber60 listing constitute solid, verifiable market momentum for a company only about two years old.

Category Disruption 5/10

Non-human identity security is a real and rising category, but Clutch is one of several well-funded entrants (Astrix, Entro, Oasis, Token Security) rather than a clear category-definer.

Real-World Efficacy 4/10

No named breach-prevention case study, independent red-team test, or analyst efficacy benchmark was found; customer names are confirmed but described outcomes come from company materials.

Enduring Relevance 7/10

As AI agents and machine-to-machine authentication proliferate, non-human identity management is likely to remain a core, growing security discipline over the next 3-5 years.

Why CISOs Should Care

CISOs increasingly cite unmanaged service accounts, API keys, and now autonomous AI agents as a top blind spot; Clutch gives them a single inventory and lifecycle-management layer for these non-human identities.

What Makes It Different

Clutch's Identity Lineage Graph ties each machine identity back to its human owner, origin, and consuming resources rather than just flagging exposed credentials, aiming to make NHI risk actionable rather than just visible.

The Matrix Verdict

62/100 — INCREMENTAL INNOVATOR

Clutch is a real, well-funded, independently covered company addressing a genuine and growing security gap, with credible investors and named enterprise customers.

Editorial Note: Claims vs. Verified Findings

Funding amount, investors, founders, and founding date are independently corroborated by TechCrunch, SecurityWeek, and Calcalist; specific product efficacy claims and the customer list come from Clutch's own materials and have not been independently tested or verified.

Sources