Norway’s Bsure raises €1.8 million to uncover risky and inactive microsoft accounts

Asker-based startup Bsure has raised €1.8 million ($2.1 million) to give companies visibility into the blind spots of their Microsoft environments, uncovering unknown identities, risky access and unnecessary license spend.

The round was led by Scale Capital and included backing from existing US shareholders.

“We often see that up to 40% of user accounts are inactive,” says Henrik Skalmerud, CEO and co-founder. “That represents both a security risk and unnecessary cost. Companies are often genuinely surprised when they see the real picture for the first time.”

In 2025, adjacent activity in Bsure’s broader cloud-security and Microsoft-ecosystem space includes London-based inforcer, which raised €29.8 million to advance its Microsoft multi-tenant management solution, and Vilnius-based CBRX, which secured €540k to build a cloud-based cybersecurity platform for MSPs evolving into MSSPs.

Together, these fundraises amount to roughly €30.34 million moving through closely related segments of cloud security and Microsoft-focused infrastructure tooling in Europe.

Within this context, Bsure’s raise positions the Norwegian startup within a steadily developing European market where investors continue to back products that strengthen visibility, security and operational efficiency in complex cloud environments.

“Visibility is where it starts,” adds Skalmerud. “You can’t optimise costs or improve security around identities you can’t see. When you have a complete, continuously updated picture of identities, access and licenses, it becomes much easier to make the right changes.”

Founded in 2022 by Henrik Skalmerud, Hallvard Eide, Gunnar Weld, Olav Helland and Frode Omdal Arnesen, Bsure has built an Azure-based platform that connects directly to Microsoft Entra ID. It gives companies a real-time view of users and access rights, highlights inactive or risky accounts, and helps reduce unnecessary license costs.

Bsure today serves 200+ customers across nine countries, in both the public and private sectors.

Every company runs on identities. People, apps, and services that need access to get work done. But Bsure explains that the problem is that most of that access keeps growing and never gets cleaned up.

According to the company, in a typical Microsoft 365 setup, accounts and admin roles multiply faster than anyone can track. Old permissions linger, forgotten users stay active, and over time this creates growing blind spots: Few companies can say with confidence who all their users are, which accounts still should exist, and what they actually have access to.

The underlying risk is clear in Microsoft’s 2024 Digital Defense Report, which finds that over 90% of account-compromise incidents stem from forgotten or unmonitored accounts.

Following a wave of cyber incidents and tighter regulation, new EU rules such as NIS2 and the Digital Operational Resilience Act (DORA) now require organisations to document and continuously monitor digital access – with potential fines of up to €10 million or 2% of global turnover for non-compliance.

In addition to this, analysts are also starting to take note. Gartner recently described identity visibility as an emerging challenge for enterprises, predicting that by 2028, 70% of CISOs will adopt new IVIP tools to reduce unauthorized access and strengthen security posture.

One of Bsure’s customers, a large Norwegian municipality, knew they had challenges with identities and licenses but struggled to solve them with manual reports and scripts. After implementing Bsure, they  reportedly reduced Microsoft licensing costs by around 20%.

“Bsure fits squarely within our thesis of backing Nordic founders building critical B2B infrastructure with global potential,” says Joachim Schelde, Principal at Scale Capital. “They’re solving a universal problem every IT department faces – security, visibility and efficiency in the Microsoft cloud – with impressive precision.”

With the new funding, Bsure will expand its team and accelerate international growth, building on its foothold in the Nordics and early traction in the US. The company will also continue investing in product development, focusing on scalability, ease of deployment, and new AI-driven features that make visibility more actionable.

“You can’t protect what you can’t see,” concludes Skalmerud. “Our job is to remove the blind spots so IT and the business can act.”

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