What is SecurityScorecard?
SecurityScorecard operates as a cybersecurity company, offering a comprehensive platform that provides ratings, analytics, and intelligence to help organizations effectively understand and manage their cyber risk. The platform facilitates continuous monitoring of digital assets and supply chains, thereby supporting crucial functions such as third-party risk management, compliance adherence, and threat response through data-driven insights and automation. The company's focus on providing actionable intelligence positions it as a key enabler for businesses navigating an increasingly complex digital threat environment.
How much funding has SecurityScorecard raised?
SecurityScorecard has raised a total of $294.3M across 7 funding rounds:
Angel/Seed
$900K
Other Financing Round
$2.2M
Series A
$13.7M
Series B
$20M
Series C
$27.5M
Series D
$50M
Series E
$180M
Angel/Seed (2013): $900K, investors not publicly disclosed
Other Financing Round (2014): $2.2M led by Atlas Ventures
Series A (2015): $13.7M supported by Evolution Equity Partners, BoldStart Ventures, and Steamboat Ventures
Series B (2016): $20M featuring Google Ventures, Boldstart Ventures, Two Sigma Ventures, Steamboat Ventures, and Evolution Equity Partners
Series C (2017): $27.5M backed by GV, Nokia Growth Partners, AXA Strategic Ventures, Moody's, Two Sigma Ventures, Intel Capital, Evolution Equity Partners, Boldstart Ventures, and Steamboat Ventures
Series D (2019): $50M, investors not publicly disclosed
Series E (2021): $180M led by Kayne Anderson Rudnick, T. Rowe Price Associates, Fitch Ventures, and Silver Lake
Key Investors in SecurityScorecard
GV
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, with a focus on enterprise solutions, life sciences, consumer products, and frontier technology innovations. They provide financial backing to promising startups and growth-stage businesses globally.
Nokia Growth Partners
Nokia Growth Partners is associated with Nokia, a multinational telecommunications, information technology, and consumer electronics company. They likely focus on investments that align with Nokia's strategic interests in technology and enterprise solutions.
AXA Strategic Ventures
AXA Strategic Ventures is the venture capital fund backed by AXA, a leading global insurer and asset manager. They invest in enterprise software, fintech, consumer technologies, and digital health, among other areas relevant to insurance and asset management.
What's next for SecurityScorecard?
The substantial enterprise-level funding and major strategic investment received by SecurityScorecard indicate a strong market validation and a clear path for accelerated growth and innovation. This capital infusion is expected to fuel further development of its advanced analytics and intelligence capabilities, potentially expanding its market reach and enhancing its platform's offerings. The company is well-positioned to capitalize on the escalating demand for robust cybersecurity solutions, further solidifying its leadership in cyber risk assessment and management.
See full SecurityScorecard company page
