What is Onapsis?
Onapsis specializes in securing enterprise applications, particularly SAP and Oracle, offering comprehensive solutions to protect against advanced threats, cyber risks, and compliance gaps. The company's offerings include the Onapsis Security Platform, an SAP-certified cybersecurity solution designed with preventative, detective, and responsive controls. These solutions are informed by the Onapsis Research Labs, which continuously identify and help remediate security vulnerabilities within SAP and Oracle systems. Onapsis serves over 200 customers globally, including many Global 2000 companies, and its solutions are recognized by leading consulting and audit firms.
How much funding has Onapsis raised?
Onapsis has raised a total of $117.6M across 6 funding rounds:
Other Financing Round
$3M
Series A
$9.6M
Series B
$17M
Series C
$31M
Debt
$2M
Series D
$55M
Other Financing Round (2012): $3M with participation from David Bonderman
Series A (2014): $9.6M led by .406 Ventures
Series B (2015): $17M supported by Arsenal Venture Partners, 406 Ventures, LLC, and Evolution Capital Partners
Series C (2018): $31M featuring LLR
Debt (2020): $2M backed by PPP
Series D (2020): $55M with participation from Caisse de dépôt et placement du Québec, NightDragon, Arsenal Venture Partners, Veracode Inc, and LLR Partners Inc.
Key Investors in Onapsis
Caisse de dépôt et placement du Québec
Caisse de dépôt et placement du Québec is a global investment group that manages funds for public and private pension plans and insurance programs. They are known for making significant investments across various sectors, including technology and infrastructure.
NightDragon
NightDragon appears to be a venture capital firm focused on cybersecurity and technology investments, aiming to support companies with innovative solutions in the security space.
Arsenal Venture Partners
Arsenal Venture Partners is a growth equity firm that invests in B2B software and tech-enabled services businesses, providing capital to help companies scale and maintain operational discipline.
What's next for Onapsis?
With its latest major enterprise-level funding and a recent strategic investment, Onapsis is well-positioned to further enhance its leadership in the critical application cybersecurity market. The company's focus on SAP and Oracle security addresses a vital need for businesses seeking to protect their core operations and sensitive data. Future growth is likely to involve continued innovation in threat intelligence, expansion of its platform capabilities, and deepening its partnerships with consulting firms to reach a broader customer base. The consistent backing from prominent investors signals strong confidence in Onapsis's business model and its ability to navigate the evolving cybersecurity landscape.
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