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Austin Arensberg

I lead Okta Ventures. Since inception Okta Ventures has invested and partnered with over 50 startups enabled by identity, security, privacy and AI. 

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Investments include Kandji, Drata, VNDLY (Acquired by Workday), Openpath (Acquired by Motorola Solutions), Immuta, Tessian (Acquired by Proofpoint), Dig (Acquired by Palo Alto Networks), Adaptive Shield (Acquired by Crowdstrike), Pangea (Acquired by Crowdstrike), Prompt Security (Acquired by SentinelOne), HYCU, Accredify, Privy, Aembit, Browserbase, k-ID, and others. Previous to Okta I led US investments for Scrum Ventures in San Francisco.

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I've spent 10 years of my career investing in the US and internationally in venture capital, private equity, and corporate development. I have an MBA from INSEAD and was a 2016 Marshall Memorial Fellow, Kauffman Fellow, and serve as Board Emeritus for the Princeton in Asia Fellowship Program.​​​​

Investments:

Exits:

  • Openpath: Acquired by Motorola in 2021 (Cloud based access control system)

  • VNDLY: Acquired by Workday in 2021 (Vendor Management platform)

  • Dig Security: Acquired by Palo Alto Networks in 2023 (Data security posture management)

  • Tessian: Acquired by Proofpoint in 2023 (Email security)

  • Adaptive Shield: Acquired by Crowdstrike in 2024 (SaaS Security Posture Management and Identity Threat Detection Response)

  • Prompt Security: Acquired by SentinelOne in 2025 (AI security)

  • Pangea: Acquired by Crowdstrike in 2025 (Security services for developers)

  • Passthrough Acquired by iCapital in 2026 (Fintech)


Security:

  • Immuta (Data security platform)

  • Kandji (Mobile device management)

  • Drata (Automated compliance)

  • Oloid (Converged cyber and physical security platform)

  • Cerby (Identity security)

  • HYCU (Backup as a Service)

  • Surf Security (Zero Trust Browser)

  • Aembit (Workload access security / Non-Human Identities)

  • Synqly (Cyber ecosystem integration platform)

  • Nagomi Security (Proactive Defense and remediation platform)

 

AI infra / Dev tools:

  • Browserbase (Web browser for AI agents & applications)

  • Replit (Vibe coding platform)

  • Together AI (AI native cloud)

  • AtomicWork (Agentic ITSM)


Enterprise:

  • Datagrail (Data privacy)

  • Variance (Investigations)

  • Every (All In One Back Office)

  • Crosschq (Hiring Intelligence)

  • Spruce Identity (Digital credential lifecycle management)

  • Oyster (Global employment platform)

  • Privy Identity (Universally-accepted digital identity and signature)

  • k-ID (Age appropriate compliance)

  • Aiprise (Identity verification for individuals and businesses)

  • Accredify (Verifiable digital documents management)

  • Crossbeam (Partner ecosystem platform)

  • Knox Systems (FedRamp enablement)


Fintech / Agentic Commerce:

  • Bureau ID (Fraud prevention)

  • Skipify (e-Commerce Checkout)

  • Sapiom (Agentic commerce)

  • Skyfire (Agentic commerce)


LP positions:

  • LP in 3 separate security focused VC firms

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Selected investments at Scrum Ventures:

  • May Mobility (Autonomous mobility)

  • Prodigy (Car financing software)

  • Realtime Robotics (Robotics motion planning)

  • Ambient AI (AI enabled video)

  • Empowerly (College Counseling software)

  • LinkedIn
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