How Much Did Conceal Raise?
Funding & Key Investors

Conceal has secured $35M in total capital, with its most recent funding round bringing in $26M in a major strategic investment. This significant backing indicates a pivotal growth phase for the company, likely moving beyond its initial development stages into a scaling or expansion phase.

What is Conceal?

Conceal
SoftwareSecurity Software

Conceal is at the forefront of delivering a Browser-Native Security Service Edge (SSE) platform. Their innovative solution provides Zero Trust Access and in-browser security, fundamentally altering traditional security models by eliminating the need for VPNs, proxies, or datacenter-routed traffic. This approach allows organizations to achieve secure, direct access to any application from any device, thereby streamlining operations, reducing costs, and mitigating security risks.

How much funding has Conceal raised?

Conceal has raised a total of $35M across 2 funding rounds:

2021

Series A

$9M

2025

Series B

$26M

Series A (2021): $9M with participation from Allegis Capital

Series B (2025): $26M led by Two Bear Capital, AllegisCyber Capital, and Gula Tech Adventures

Key Investors in Conceal

Allegis Capital

Allegis Capital is a venture capital firm specializing in early-stage investments within the cybersecurity sector, leveraging deep domain expertise and operational experience to support innovative companies.

Two Bear Capital

Two Bear Capital is an investment firm focused on supporting founders with innovative solutions in life sciences and technology, aiming to build sustainable and impactful companies through collaboration with entrepreneurs.

Gula Tech Adventures

Gula Tech Adventures invests in cybersecurity and national security, supporting startups and fostering workforce development, with a significant track record of successful exits and impactful investments.

What's next for Conceal?

With the recent major strategic investment, Conceal is poised to accelerate its market penetration and further develop its unique SSE platform. The substantial capital infusion suggests a focus on scaling operations, expanding its customer base, and potentially enhancing its technological capabilities to maintain a competitive edge in the rapidly evolving cybersecurity landscape. Future growth will likely involve solidifying its position as a leader in browser-native security solutions.

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Frequently Asked Questions Regarding Conceal Financial Insights

What are the most recent funding rounds that Conceal has completed, and what were the funding rounds?
Conceal has recently completed 2 funding rounds: Series B on Oct 16, 2025, Series A on May 19, 2021.
What is the total amount of funding Conceal has raised to date?
Conceal has raised a total of $35M in funding to date.
How many funding rounds has Conceal completed?
Conceal has completed 2 funding rounds.
How much funding did Conceal raise in its most recent funding round?
Conceal raised $26M in its most recent funding round.
Who are the lead investors in Conceal's latest funding round?
The lead investor in Conceal's latest funding round was Two Bear Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Conceal's history?
The largest funding round in Conceal's history was $26M.
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