SecurityScorecard
Enterprise Software
Founded: 2013
Last Round Valuation: $1.04B
SecurityScorecard is a leading company specializing in cybersecurity ratings and the development of an innovative rating technology employed by businesses for self-assessment, managing third-party risks, generating board reports, and facilitating cyber insurance underwriting. By leveraging this technology, SecurityScorecard empowers organizations to enhance their resilience by efficiently identifying and resolving cybersecurity vulnerabilities throughout their outward-facing digital presence.
SecurityScorecard Overview:
SecurityScorecard is a prominent provider of cybersecurity ratings and a pioneer in developing patented rating technology. Founded in 2013, the company offers a comprehensive platform that enables organizations to assess and manage their cybersecurity risks effectively.
At its core, SecurityScorecard provides cybersecurity ratings, which are objective assessments of an organization's security posture. These ratings are based on a range of factors, including network security, application security, patching cadence, and other key indicators. The ratings help organizations gain insights into their own security performance, as well as the security posture of their third-party vendors.
One of the key features of SecurityScorecard is its patented rating technology, which utilizes a combination of data collection, advanced analytics, and machine learning algorithms. This technology continuously monitors and analyzes various data sources to generate accurate and up-to-date ratings. The platform collects data from a variety of external sources, such as public information, internet scanning, and threat intelligence feeds, to provide a comprehensive view of an organization's cybersecurity risk.
With SecurityScorecard, organizations can proactively identify and address cybersecurity risks across their externally facing digital footprint. The platform helps businesses monitor and manage their own security posture, as well as assess the security of their vendors and partners. By leveraging the insights provided by SecurityScorecard, organizations can prioritize and take action to remediate vulnerabilities, strengthen their security controls, and mitigate potential risks.
SecurityScorecard's platform also supports board reporting and cyber insurance underwriting. The ratings and insights generated by the platform can be used to communicate security performance to executive stakeholders and board members, facilitating informed decision-making and resource allocation. Additionally, the ratings serve as a valuable input for cyber insurance underwriters, enabling more accurate risk assessment and pricing.
The company serves a wide range of industries, including financial services, healthcare, technology, and manufacturing, among others. SecurityScorecard's platform is trusted by organizations of all sizes, from small businesses to large enterprises, to enhance their cybersecurity posture and reduce the risk of data breaches and cyber-attacks.
In summary, SecurityScorecard offers a comprehensive cybersecurity rating platform that empowers organizations to monitor, assess, and manage their cybersecurity risks effectively. By leveraging innovative technology and providing valuable insights, SecurityScorecard helps organizations strengthen their security defenses, protect sensitive data, and maintain a robust cybersecurity posture.
Founders:
Aleksandr Yampolskiy
Sam Kassoumeh
Top Investors:
Sequoia Capital
Accomplice
Google Ventures (GV)
Moody's Corporation
AXA Venture Partners
Intel Capital
NGP Capital
Boldstart Ventures
Evolution Equity Partners
Two Sigma Ventures
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Mar 2021 | Series E | $180MM | $293.59MM | $5.05 | $1.04B | Silver Lake Waterman, T. Rowe Price, Kayne Anderson Rudnick |
Jun 2019 | Series D | $50MM | $113.59MM | $2.71 | $396.38MM | Riverwood Capital, Evolution Equity Partners, Intel Capital |
Oct 2017 | Series C | $27.5MM | $63.59MM | $1.49 | $187.72MM | Nokia Growth Partners, Moody's, AXA Ventures |
Jun 2016 | Series B | $20MM | $36.09MM | $1.03 | $104.66MM | GV, Sequoia Capital, Evolution Equity Partners |
Feb 2015 | Series A | $15.1MM | $16.09MM | $0.63 | $49.02MM | Sequoia Capital, Evolution Equity Partners, Boldstart Ventures |
Nov 2013 | Series Seed | $990.68K | $990.68K | $0.14 | $6.6MM | Evolution Equity Partners, Boldstart Venture |
In the News:
Interested in SecurityScorecard?
Please fill out the form below and a member of our team will contact you to discuss next steps.