How Much Did Whistic Raise?
Funding & Key Investors

Whistic, a prominent player in the vendor security assessment sector, has successfully secured a significant capital injection to accelerate its market expansion. With a total historical backing of $47.4M, the firm continues to demonstrate robust growth, most recently closing a major strategic investment of $35M. This latest infusion of capital underscores the increasing demand for automated, standardized security review processes in an era of heightened digital risk and complex supply chain dependencies.

The company's trajectory, marked by a series of successful financing rounds, reflects its transition from an early-stage innovator to a critical enterprise-level infrastructure provider. By streamlining how organizations manage vendor risk, Whistic has positioned itself as a vital component of the modern cybersecurity stack.

What is Whistic?

Whistic
SoftwareSecurity Software

Founded in 2015 and headquartered in Pleasant Grove, Utah, Whistic provides a sophisticated platform designed to transform static questionnaire data, documentation, and team bios into dynamic, living security profiles. This approach allows enterprises to move beyond manual, labor-intensive security reviews, enabling them to prioritize incoming requests and deliver standardized, high-quality responses to targeted recipients. By centralizing vendor risk management, Whistic empowers security teams to maintain compliance and operational efficiency while scaling their vendor ecosystems. The platform serves as a bridge between security-conscious organizations and their third-party partners, fostering transparency and trust in the digital supply chain.

How much funding has Whistic raised?

Whistic has raised a total of $47.4M across 3 funding rounds:

2020

Debt

$350K

Series A

$12M

2022

Series B

$35M

Debt (2020): $350K with participation from PPP

Series A (2020): $12M led by Emergence Capital Partners

Series B (2022): $35M supported by Emergence Capital Partners, Album VC, JMI Equity, and FJ Labs

Key Investors in Whistic

Emergence Capital Partners

Emergence is the leading venture capital firm focused on early-stage enterprise companies. Its mission is to be the most valuable partner to the most important companies that are changing the way the world works.

Album VC

Album VC specializes in investing in early-stage technology startups, providing strategic guidance and financial support to foster the development of promising, high-impact ventures.

JMI Equity

JMI Equity is a growth equity firm founded in 1992 that focuses on investing in leading software companies, providing the capital and expertise necessary for scaling operations.

What's next for Whistic?

With the recent influx of capital, Whistic is well-positioned to deepen its product capabilities and expand its footprint within the enterprise security market. The strategic focus will likely center on enhancing the platform's automation features, integrating advanced threat intelligence, and scaling its go-to-market operations to meet the needs of global organizations. As the regulatory landscape for data privacy and cybersecurity continues to tighten, Whistic's ability to provide a standardized, scalable framework for vendor assessments will be a key driver of its long-term growth. The company is expected to leverage this investment to solidify its leadership in the vendor risk management space, potentially exploring new integrations and partnerships that further simplify the complex security review lifecycle for its growing client base.

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Frequently Asked Questions Regarding Whistic Financial Insights

What are the most recent funding rounds that Whistic has completed, and what were the funding rounds?
Whistic has recently completed 3 funding rounds: Series B on Jun 7, 2022, Series A on Jul 29, 2020, Debt on Apr 28, 2020.
What is the total amount of funding Whistic has raised to date?
Whistic has raised a total of $47.4M in funding to date.
How many funding rounds has Whistic completed?
Whistic has completed 3 funding rounds.
How much funding did Whistic raise in its most recent funding round?
Whistic raised $35M in its most recent funding round.
Who are the lead investors in Whistic's latest funding round?
The lead investor in Whistic's latest funding round was Emergence Capital Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Whistic's history?
The largest funding round in Whistic's history was $35M.
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