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title: Infisical Raises $40M Series B Led by Elad Gil | daily.dev
description: Infisical raised a $40M Series B at a $600M valuation, led by Elad Gil, with Y Combinator and Gradient Ventures also investing. Over 1,300 organizations trust...
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og:description: Infisical raised a $40M Series B at a $600M valuation, led by Elad Gil, with Y Combinator and Gradient Ventures also investing. Over 1,300 organizations trust...
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# Infisical Raises $40M Series B Led by Elad Gil

**[Infisical](https://daily.dev/sources/infisical)** · 4 min read · 0 upvotes · 0 comments

## Summary

Infisical raised a $40M Series B at a $600M valuation, led by Elad Gil, with Y Combinator and Gradient Ventures also investing. Over 1,300 organizations trust Infisical to secure their infrastructure, including LG, First American Financial, OpenRouter, Wise, and the US Government, and its open-source project passed 30,000 GitHub stars. The company says coding agents have increased the amount of code produced by more than 10x, and that a lot of it is slop, with a growing attack surface for credentials. Funding will go toward secrets, certificate, and privileged access management, plus Agent Vault, which lets AI agents access sensitive systems without exposing the underlying credentials. Infisical is hiring for 100+ positions.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://infisical.com/blog/series-b>

## Questions this post answers

### How much funding did Infisical raise in its Series B round and at what valuation?

Infisical raised a $40M Series B at a $600M valuation. The round was led by Elad Gil, with Y Combinator and Gradient Ventures also participating alongside Gallery Ventures, Pace Capital, and Dynamic Capital. Infisical says it was already cash-flow positive before raising this round and had more money in the bank than it had previously raised.

_Teams tracking funding and momentum in the secrets management space can follow rounds like this on daily.dev._

### What is Infisical's Agent Vault and what problem does it solve for AI agents?

Agent Vault is an Infisical product that lets AI agents access sensitive systems without exposing the underlying credentials. Infisical plans to significantly increase investment in it, arguing that as agents take on more autonomous work, controlling what they can access and what actions they're allowed to take becomes as important as protecting the credentials themselves.

_Developers securing AI agent access to production systems can track tools like Agent Vault on daily.dev._

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---

Tags: [#ai-agents](https://daily.dev/tags/ai-agents), [#venture-capital](https://daily.dev/tags/venture-capital), [#secrets-management](https://daily.dev/tags/secrets-management)

[View this post on daily.dev](https://daily.dev/posts/infisical-raises-40m-series-b-led-by-elad-gil-cem2r98oq)

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