Discussion: CEO Jeff Kukowski Talks About the Current State of IAM Business in a Recent Interview
In the realm of Identity and Access Management (IAM), Ory Corp. is making waves with its innovative approach to scalability, security, and customer segmentation. The software infrastructure provider specializes in IAM solutions, catering to a total addressable market across workforce, B2B, and consumer IAM, with the Consumer Identity and Access Management (CIAM) market alone being $24 billion and growing more than 8% per year.
Ory Corp.'s latest development is the implementation of Workspaces in its network infrastructure, which segment projects based on environment (Production, Staging, Development) and subscription plans (Developer, Production, Growth, Enterprise). This new structure allows Ory to apply rate limiting policies tailored to each project's subscription level and environment, ensuring fair and scalable resource allocation while maintaining system security and availability.
This operational maturity and focus on serving enterprise customers with differentiated needs and quality of service guarantees is evident in Ory's modern IAM approach. The company offers enterprises the ability to customize their identity stack to fit their unique infrastructure needs, with modularity and composability. Ory Corp.'s core products include Ory Hydra (OAuth2 and OpenID Connect server), Ory Kratos (user management and authentication), Ory Polis (enterprise single sign-on), Ory Keto (authorization engine), and Ory Oathkeeper (identity and access proxy).
Ory Corp.'s solutions are not only beneficial for enterprises but have also proven effective for high-traffic applications. OpenAI's ChatGPT login workload was handled by an Ory Hydra enterprise deployment, scaling to 400 million weekly active users by early 2025 and doubling to over 800 million by June 2025.
The company's commitment to security is evident in its efforts to combat prompt injection attacks in AI agents. Ory Hydra, paired with the Model Context Protocol (MCP) standard, offers a solution to this issue. Through its Skyfire partnership, Ory Corp. is enabling AI agents to have digital wallets and verified identities, with every transaction cryptographically signed and instantly revocable.
Ory Corp. was founded by Aeneas Rekkas, who identified a need for future-proof, web-scale, and flexible IAM solutions. The company has received $42 million in funding from Balderton, Insight Ventures, InQTel, and PHX Ventures.
With a focus on customer experience, Ory Corp. offers solutions ranging from free Open Source Software (OSS), self-managed enterprise licenses, to fully managed capabilities on The Ory Network. This flexible approach has attracted notable clients such as Axel Springer, the publishing giant, who migrated to Ory Network, a fully managed solution by Ory Corp., improving stability, speeding up feature rollouts, and enabling scalability and reliability under extreme traffic demands.
As Ory Corp. continues to grow and evolve, it remains committed to making modern IAM solutions available for any person, company, machine, or agent that needs better, more secure, more flexible, and scalable identity capabilities.
- Ory Corp., having recently implemented Workspaces in its network infrastructure, now offers segmented projects based on subscription plans and environments, applying tailored rate limiting policies to ensure scalable resource allocation, system security, and availability – a move that positions them in the private equity sphere of technology-driven businesses.
- Ory Corp.'s solutions, encompassing modular products like Ory Hydra and Ory Kratos, have demonstrated effectiveness not only for enterprises but also for high-traffic applications, as seen with the handling of OpenAI's ChatGPT login workload, scaling to 800 million weekly active users by June 2025 – a testament to their robust technology offerings in the private equity domain.