SAFE, a leader in Cyber Risk Quantification (CRQ), has secured $70 million in Series C funding, led by Avataar Ventures and supported by investors like Susquehanna Asia Venture Capital and John Chambers.
Along with this funding, SAFE revealed a significant upgrade to its Cyber Risk Singularity platform, introducing the first fully autonomous Continuous Threat Exposure Management (CTEM) solution powered by Agentic AI. Unlike traditional CTEM tools that depend on hidden scoring models, SAFE’s platform provides enhanced transparency and actionable insights through multiple autonomous AI agents.
Emerging as a frontrunner in Third-Party Risk Management (TPRM), SAFE serves notable clients, including Google, Fidelity, T-Mobile, Chevron, and IHG. This funding round raises SAFE’s total capital to over $170 million and will be used to strengthen its market position and foster innovations in developing Agentic AI-native reasoning models, working toward the goal of achieving CyberAGI.
KEY QUOTES:
“This is a defining moment in our pursuit of CyberAGI. 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.”
Saket Modi, Co-Founder and CEO of SAFE
“Our investment philosophy is rooted in deep conviction around transformative market shifts—and few are as compelling as the opportunity in cybersecurity, especially in the age of AI. Most cybersecurity sub-sectors we’ve evaluated are either overcrowded or limited to tactical, widget-like solutions. But cybersecurity today is a boardroom and CEO-level priority, and that’s not changing anytime soon.”
“What makes SAFE stand out is its positioning – not as another detection tool, but as a strategic intelligence layer across the entire cybersecurity stack. Combine that with a stellar execution track record and consistent 120%+ YoY growth since their launch in 2020, partnering with Saket and his team was an easy decision.”
Nishant Rao, Founding Partner at Avataar Ventures
