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Privileged Access Management (PAM) · Rank #3 of 10

Delinea Platform review and pricing

Thycotic+Centrify under TPG, the cloud-first mid-market PAM pick.

By Delinea Inc. · Founded 1996 · Redwood City, CA · pe backed

Delinea is the combined entity formed when TPG merged Thycotic and Centrify in April 2021. The cloud-native push since 2023 is more visible than at most legacy peers: the Delinea Platform unifies Secret Server (vaulting), Privilege Manager (endpoint), and DevOps Secrets Vault on a single tenant. Shipping cadence is faster than CyberArk or BeyondTrust; pricing remains opaque but mid-market deal sizes routinely come in 30-50% under CyberArk equivalents. Trade-offs: TPG ownership means a sale or refinancing is on the medium-term horizon, and feature depth in session brokering still trails CyberArk.

Visit Delinea Platform Compare to BeyondTrust Privileged Access
Best for

Mid-market and lower-enterprise buyers (200-5,000 employees) wanting cloud-first PAM at 30-50% lower TCO than CyberArk, with a credible DevOps secrets story.

Worst for

Federal and defense buyers needing FedRAMP High and DoD IL5 coverage, or organizations needing CyberArk-tier session brokering depth at Fortune 500 scale.

Vendor Trust Score

Is Delinea Platform a trustworthy vendor?

7.3/10
Mixed
Pricing transparency
Published rates; no hidden fees
5.0
Contract fairness
Reasonable terms; no auto-renew traps
7.5
Incident response
How they handle outages and breaches
8.0
Post-acquisition behavior
Customer treatment after M&A or PE
7.5
Executive stability
Leadership churn over 24 months
7.5
Roadmap honesty
Public commitments held
8.0
Trust signal log
  • 2021-04-13
    TPG closed Thycotic+Centrify merger to form Delinea
  • 2023-09-12
    Delinea Platform launched; cloud-first unification visible
  • 2025-03-04
    Cloud-native shipping cadence outpaces legacy PAM peers
Vendor Trust is scored independently of product quality. A great product from an unfair vendor still earns a low trust score.
Review Intelligence

What 980 reviews actually say

Synthesized from G2, Capterra, Reddit, Trustpilot. Patterns >15% prevalence shown.

Last synthesized
2026-04-29

Praise patterns

  • Cloud-first execution faster than legacy peers
    78% ↑
  • Mid-market pricing meaningfully under CyberArk
    71% →
  • Delinea Platform unifies what used to be two product lines
    51% ↑

Complaint patterns

  • Session brokering depth trails CyberArk
    47% →
  • Pricing still opaque despite mid-market positioning
    41% →
  • TPG ownership creates medium-term sale uncertainty
    38% →
Sentiment trend (6 months)
84/100 +2 pts
12
01
02
03
04
05
Patterns are extracted from review corpus and human-verified. We surface trends, not anecdotes.
Verified Pricing

What buyers actually pay

71 anonymized deal disclosures · last updated 2026-05-01

Contribute your deal price
Company size Median annual
200-1,000 employees $48,000
1,000-5,000 employees $156,000
5,000+ employees $420,000
Verified pricing is crowdsourced from buyers under anonymity guarantees. Vendor-listed prices are validated against actual deals quarterly.
Compliance & Security

Auto-verified certifications

Verified 2026-05-01
SOC 2 Type II
ISO 27001
HIPAA
GDPR
CCPA
PCI DSS
FedRAMP Authorized

Editorial: Strengths

  • Faster shipping cadence than CyberArk or BeyondTrust since 2023
  • Delinea Platform unifies Secret Server, Privilege Manager, and DevOps Secrets Vault
  • Mid-market deal sizes routinely 30-50% under CyberArk equivalents
  • Cloud-native architecture is genuine, not a re-host of on-prem code
  • DevOps Secrets Vault gives the legacy PAM portfolio a credible developer story
  • Strong customer support consistency vs PE peers

Editorial: Weaknesses

  • Session brokering depth still trails CyberArk PSM
  • Pricing opaque despite mid-market positioning
  • TPG ownership implies a sale or recap on the 3-5 year horizon
  • Centrify-side product line still in consolidation; some legacy SKUs feel stranded
  • Federal certification footprint narrower than CyberArk or BeyondTrust

Key features & integrations

  • +Secret Server (vault, session brokering, session recording)
  • +Privilege Manager (endpoint least-privilege)
  • +DevOps Secrets Vault for CI/CD and ephemeral workloads
  • +Account Lifecycle Manager (service account discovery and rotation)
  • +Connection Manager for SSH/RDP session brokering
  • +Cloud Suite (Centrify-heritage Linux identity bridging)
  • +Delinea Platform unified policy engine and reporting
250+ integrations
ServiceNowSplunkMicrosoft SentinelAWSAzureGCPOktaMicrosoft Entra IDCrowdStrikeHashiCorp Terraform
Geography supported
Global; strongest in US, EU, APAC
Best fit
200-10,000 employees · Mid-market and lower-enterprise PAM buyers
Editorial deep-dive

Read our full ranking of Privileged Access Management (PAM)

Delinea Platform ranks #3 in our editorial review of 10 privileged access management (pam) platforms. The deep-dive covers methodology, comparison tables, decision matrix, migration scoring, and FAQs.

Read the full ranking

Closest alternatives in Privileged Access Management (PAM)

#2
BeyondTrust Privileged Access
Broadest PASM portfolio, weighed against a Dec 2024 nation-state breach.
★ 4.4 opaque
#4
Saviynt EIC (PAM module)
Converged IGA + PAM on a cloud-native, AWS-favored platform.
★ 4.5 opaque
#1
CyberArk Privileged Access Manager
Category leader with deepest vault and session brokering pedigree.
★ 4.4 opaque
Help the next buyer

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