How Much Did Sprocket Security Raise?
Funding & Key Investors

Sprocket Security has secured $8M in total funding, with its most recent capital infusion of $8M coming from a major strategic investment on March 28, 2024. This significant backing underscores the company's progress in the cybersecurity sector, particularly in its continuous penetration testing solutions.

What is Sprocket Security?

Sprocket Security
Business ServicesSoftware TestingSecurity Information and Event Management (SIEM)

Sprocket Security offers an expert-driven continuous penetration testing platform that merges human expertise with automated solutions for scalable and reliable security assessments. Their services encompass attack surface management, continuous penetration testing, and adversary simulations, designed to provide year-round protection against evolving threats. The company serves a diverse clientele across finance, healthcare, manufacturing, retail, and software industries, establishing itself as a key player in offensive security by helping organizations effectively identify and remediate vulnerabilities.

How much funding has Sprocket Security raised?

Sprocket Security has raised a total of $8M across 1 funding round:

2024

Series A

$8M

Series A (2024): $8M with participation from Blueprint Equity and Capital Midwest Fund

Key Investors in Sprocket Security

Blueprint Equity

Blueprint Equity is a tech-focused growth equity firm that invests in market-leading enterprise businesses, specializing in business-critical enterprise applications and partnering with industry veterans. They provide flexible investment structures to accelerate growth for their clients.

Capital Midwest Fund

Capital Midwest Fund invests in revenue-stage technology solution companies in the Central United States, primarily targeting industrial, manufacturing, and enterprise customers with a focus on trending technology themes and effective application to customer challenges.

What's next for Sprocket Security?

The recent major strategic investment, classified as a Series A round, indicates Sprocket Security is poised for significant scaling and market expansion. This capital infusion will likely fuel product development, enhance sales and marketing efforts, and potentially broaden their service offerings to address the increasing demand for robust cybersecurity solutions. The company's focus on combining human expertise with automation positions it well to capture a larger share of the enterprise security market.

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Frequently Asked Questions Regarding Sprocket Security Financial Insights

What are the most recent funding rounds that Sprocket Security has completed, and what were the funding rounds?
Sprocket Security has recently completed 1 funding rounds: Series A on Mar 28, 2024.
What is the total amount of funding Sprocket Security has raised to date?
Sprocket Security has raised a total of $8M in funding to date.
How many funding rounds has Sprocket Security completed?
Sprocket Security has completed 1 funding rounds.
How much funding did Sprocket Security raise in its most recent funding round?
Sprocket Security raised $8M in its most recent funding round.
Who are the lead investors in Sprocket Security's latest funding round?
The lead investor in Sprocket Security's latest funding round was Blueprint Equity. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sprocket Security's history?
The largest funding round in Sprocket Security's history was $8M.
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