How Much Did Sprocket Security Raise?
Funding & Key Investors

Sprocket Security, a provider of continuous penetration testing solutions, has secured significant enterprise-level funding, with the most recent capital injection amounting to $8M. This latest financing round contributes to a total funding pool of $8M, underscoring the company's strategic importance in the cybersecurity landscape.

What is Sprocket Security?

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

Sprocket Security specializes in an expert-driven continuous penetration testing platform, merging human expertise with automated solutions to deliver scalable and reliable security assessments. Their comprehensive service portfolio encompasses attack surface management, continuous penetration testing, and adversary simulations, designed to offer year-round protection against an ever-evolving threat environment. The company serves a diverse clientele across industries such as finance, healthcare, manufacturing, retail, and software, ensuring robust security measures for varied business needs. Sprocket Security is distinguished by its innovative approach to offensive security, empowering organizations to proactively 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 and builds market-leading enterprise businesses. They specialize in highly-addictive, business-critical enterprise applications and partner with industry veterans who are solving real problems.

Capital Midwest Fund

Capital Midwest Fund (CMF) invests in revenue-stage companies in the Central United States that provide technology solutions, including software, services, and products, primarily targeting industrial, manufacturing, and enterprise customers.

What's next for Sprocket Security?

The recent major strategic investment in Sprocket Security signals a pivotal growth phase, likely enabling the company to expand its platform capabilities, enhance its expert-driven services, and broaden its market reach. This infusion of capital is expected to fuel further innovation in continuous security assessments and attack surface management, positioning Sprocket Security to address the escalating demands for advanced cybersecurity solutions in the enterprise sector. The company's focus on combining human expertise with automation suggests a strategic direction towards providing highly effective and scalable security testing, crucial for organizations navigating complex threat landscapes.

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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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