Know what’s really happening at
Infisical before you sign on.
- On the roadmap
- Cybersecurity
- Developer Tools
Infisical is a San Francisco-based open-source platform for secrets, certificates, and privileged access management — and one of the rare security startups that reached its Series A cash flow positive. Its 2026 bet is that AI agents make machine identity the fastest-growing credential problem in the stack.
How we do it.
Most "AI market intel" is a summarized crawl of press releases. This Altis research is built from our knowledge graph of sector expert calls, synthesized with public sources.
Infisical
- Founded (Y Combinator W23)
- 2022
- Series A led by Elad Gil, June 2025
- $16M
- Year-over-year revenue expansion disclosed at Series A
- 20x
- Global downloads at the time of the Series A
- 40M+
- GitHub stars on the main repository
- 25K
- Agent Vault launch — credential layer for AI agents
- April 2026
- Named customer, alongside LG and Lucid
- Hugging Face
Press reported
Altis Verified
What's in the report
Most "AI market intel" is a summarized crawl of press releases. This is what customers, competitors, and former employees actually told us.
Market Overview
Market structure, where the company sits, and growth drivers.
- market map
- Cybersecurity landscape
- Cybersecurity growth rate
- CAGR
Total Addressable Market
Bottom-up TAM / SAM / SOM.
- Infisical TAM
- Cybersecurity market size
- market opportunity
Company Overview
What the company does and how it operates.
- what does Infisical do
- Infisical product
- business model
Product / Go-to-Market
Product, GTM motion, ICP, and who buys.
- Infisical customers
- who uses Infisical
- Infisical ICP
- go-to-market
Competitive Dynamics
The Altis Market Map and the Altis Win-Rate Index.
- Infisical competitors
- Infisical alternatives
- who competes with Infisical
- Infisical win rate
Customer Signals
Retention, satisfaction, and win/loss signals.
- Infisical reviews
- Infisical NRR
- Infisical churn
- current customers
- switching costs
Investment Debates
Investment thesis, moat, bull/bear, and key risks.
- Infisical investment thesis
- Infisical moat
- bull case bear case
- Infisical risk factors
Monetization & Financials
Business model, revenue model, and unit economics.
- Infisical ARR
- Infisical revenue
- Infisical valuation
- unit economics
Team and culture
Founders, leadership, and org.
- Infisical founders
- Infisical CEO background
- leadership team
- headcount
Trusted by
Ready to see the full picture?
Based on public reporting and company disclosures as of July 2026.