SailPoint hosted its investor day on June 17, 2026, detailing a strategy focused on non-human identity management. The company set a target to reach $2.1 billion in annual recurring revenue by fiscal year 2029. This growth plan responds to increasing cybersecurity threats associated with autonomous applications.
The company launched SailPoint Agentic Acceleration, featuring a new AI-powered tool called SailPoint Virtual Architect. This offering automates the conversion of legacy configurations and policies. The tool aims to reduce the migration of on-premises identity systems to the cloud from months to days.
SailPoint also confirmed its intent to acquire Israeli startup Entro for approximately $200 million. Entro specializes in non-human identity security. This acquisition aligns with the company's broader focus on securing autonomous digital identities.