Market Opportunity
Trust boundary for legacy modernization - secure agent execution targets a $12.0B = 60,000 enterprises x $200K ACV, global large and upper-mid market enterprises with modernization/security budgets total addressable market with medium saturation and a year-over-year growth rate of 18-25% enterprise security and governance spend growth driven by AI adoption.
Key trends driving demand: LLM agents in production -- increases frequency of tool calls and expands attack surface, creating demand for per-call governance.; Enterprise cloud migration and legacy modernization -- raises dependency on automated orchestration and creates repeatable governance needs.; Stricter compliance and audit expectations -- auditors and regulators expect demonstrable controls and immutable logs for automated actions..
Key competitors include Open Policy Agent (OPA), HashiCorp Boundary, StrongDM, Aqua Security, Custom internal tooling / manual controls.