SAFE, the category leader in Cyber Risk Quantification (CRQ) and the first company to deliver fully autonomous Third-Party Risk Management (TPRM), today announced a $70 million Series C funding round. The round was led by Avataar Ventures, with participation from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and existing investors including Eight Roads, John Chambers and Sorenson Capital among others. The capital will be used to accelerate SAFE’s dominance in the cyber risk management market and fuel continued innovation to build Agentic AI-native reasoning models to move closer to SAFE’s mission to achieve CyberAGI.
Alongside the funding, SAFE unveiled the most transformative upgrade to its Cyber Risk Singularity platform yet: the world’s first fully autonomous Continuous Threat Exposure Management (CTEM) solution, powered by Agentic AI.
Read More – Ultromics Raises $55M in Series C Funding
While traditional CTEM tools claim to provide risk based insights, they rely on black-box scoring models and static signal aggregation – thereby lacking critical transparency and context. SAFE changes the game. Just as it redefined Cyber Risk Quantification (CRQ) by truly understanding and quantifying risk making it actionable, it’s now bringing that same rigor and precision to CTEM – this time, supercharged with dozens of autonomous AI agents.
“This is a defining moment in our pursuit of CyberAGI,” said Saket Modi, Co-Founder and CEO of SAFE. “When we launched our platform in 2020, we carefully selected a market that would be the foundation of cyber risk management – Cyber Risk Quantification (CRQ). Not only did we shape the category, we’ve become its undisputed leader.
In 2023, we brought the same disruptive mindset to Third-Party Risk Management (TPRM) with Agentic AI, and today we’re fast emerging as the clear frontrunner.
Now, we’re applying that same Agentic AI-first approach to our next frontier: Continuous Threat Exposure Management (CTEM). Each of these domains are critical building blocks in our singular pursuit: achieving CyberAGI.”
Read More – Observe Closes $156M in Series C Funding
