Market Opportunity
Governed agent execution for legacy systems - controlled tool access targets a $1.44B = 12,000 enterprises x $120K ACV (enterprises with large legacy stacks needing governance and compliance tooling) total addressable market with medium saturation and a year-over-year growth rate of 25% estimated adoption growth for automation governance tooling as agents proliferate.
Key trends driving demand: Agentization of workflows -- more business processes are being automated using LLM-driven agents, increasing demand for runtime controls; Legacy modernization backlog -- many enterprises must secure interactions with legacy endpoints rather than refactor them quickly; Policy-as-code adoption -- teams want machine-enforceable policies that integrate with CI/CD and runtime governance.
Key competitors include HashiCorp Vault, Styra (Open Policy Agent ecosystem), Okta, Cased, Workarounds - internal IAM + ticketing + manual gating.