Safe Security is a renowned player in the Cybersecurity Risk Quantification & Management (CRQM) field, offering cutting-edge solutions for Fortune 500 companies. By leveraging its ML Enabled API-First SAFE Platform, the company aggregates automated signals across people, processes, and technology to dynamically predict breach likelihood (SAFE Score) & $$ Value at Risk, providing real-time, enterprise-wide cyber risk measurement and mitigation. Headquartered in Palo Alto, the company has amassed over 200 global clients, including multiple Fortune 500 companies, securing an impressive NPS of 73 in 2020. The team at Safe Security, predominantly based in the U.S. and India, is known for their expertise and dedication. With the support of industry heavyweights such as John Chambers and senior executives from Softbank, Sequoia, PayPal, SAP, and McKinsey & Co, Safe Security is making significant strides in the sector. The company has also made substantial contributions to the National Vulnerability Database (NVD) of the U.S. Government in 2019 and was the ATT&CK MITRE Contributor in 2020. Safe Security's most recent achievement is securing a noteworthy $50 Million Series B funding round in 2023, bringing the total funding to over $100 Million. Furthermore, Safe Security has collaborated with MIT on joint research to develop its groundbreaking SAFE Scoring Algorithm. The company has been recognized with esteemed honors, including the Morgan Stanley CTO Innovation Award. Notably, in 2023, Safe Security strengthened its position in the market by acquiring RiskLens, further solidifying its standing as the undisputed leader in Cyber Risk Quantification and Management within its domain. The $50.00M Series B investment at 18 April 2023 was led by Eight Roads Ventures, Sorenson Capital, Telstra Ventures, Western Technology Investment, and Fidelity Ventures, reflecting the confidence and support of prominent investors in Safe Security's endeavors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $50.00M | 7 | Fidelity Ventures | 18 Apr 2023 |
Series A | $33.00M | 2 | John Chambers, BT | 21 Jul 2021 |
Series A | $7.00M | 1 | 04 Dec 2019 | |
Debt Financing | $2.00M | 1 | 25 Nov 2019 | |
Series A | $5.00M | 2 | John Chambers, JCEP Investments, LLC | 29 Oct 2018 |
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