XS Matrix Security Solutions, the company behind the TheFence™ platform, has secured a strategic investment from Széchenyi Funds to support its next phase of growth.

Founded in 2016, the company has steadily built a next-generation, AI–driven Identity Governance and Administration (IGA) platform designed to help organizations of all sizes. It streamlines identity lifecycle management, accelerates onboarding, automates user access reviews, reduces risks and strengthens compliance with international standards such as GDPR, NIS2, SOC2, HIPAA and SOX. With headquarters in Miami and Budapest and an expanding footprint across Europe and Asia, TheFence is positioned to scale internationally.

The investment provides a strong foundation to:

The investment is executed at the US parent company level, which holds the intellectual property, further reinforcing the company’s international structure and long-term scalability. In the near term, the focus is on scaling revenue, expanding international references and preparing the ground for a potential Series A round.

This funding reinforces a clear strategic direction for the company: to build a globally scalable, AI-first access governance platform that not only strengthens security and ensures regulatory compliance, but also supports faster, more agile business operations. By embedding artificial intelligence into core identity and access processes, TheFence aims to reduce manual workload, improve decision-making accuracy and enable organizations to adapt more quickly to organizational changes such as onboarding, internal mobility or evolving regulatory requirements.