Panaseer is a technology company.
Panaseer has raised $40.0M across 3 funding rounds.
Panaseer has raised $40.0M in total across 3 funding rounds.
Panaseer has raised $40.0M in total across 3 funding rounds.
Panaseer's investors include Accomplice VC, Cisco Investments, Evolution Equity Partners, Gaingels, Karim Faris, Andrew Schoen, Nokia Growth Partners, Trajectory Ventures, Trinity Ventures, Two Bear Capital, Wealthing VC Club, Peter Barris.
Panaseer is an enterprise cybersecurity company that builds a Continuous Controls Monitoring (CCM) platform to automate security metrics, provide visibility into assets and controls, and reduce preventable breaches by ensuring controls are fully operational.[1][2][4][5] It serves large organizations across sectors like finance, insurance, and telecommunications, solving the critical problem of control failures—cited as the primary cause in 9 out of 10 breaches—by offering 100% asset discovery, 250+ out-of-the-box metrics, AI-driven risk prioritization, and 50% faster compliance reporting.[2][5] With over 5,000 users, the platform has driven results like an 81% reduction in vulnerable devices and 70% increase in cyber tool coverage, fueling growth validated by Series B funding and partnerships like Cisco.[1][2][3]
Founded in 2014 in Surrey, England, Panaseer emerged from a data science approach to tackle cybersecurity's core issue: control failures despite massive investments (e.g., $262 billion in tools in 2021).[1][5] Led by CEO Jonathan Gill, the company pioneered CCM as a new category, with Gartner recognizing it in 2020 after years of development.[3] Early traction came from proving the platform's value in giving CISOs trusted, continuous security posture metrics aligned to frameworks, enabling better prioritization of existing investments and stakeholder reporting.[4][5] A pivotal moment was its 2023 selection as a World Economic Forum Technology Pioneer, highlighting its role in stopping preventable breaches.[5]
Panaseer rides the rising tide of cybersecurity spending amid surging breaches—84% preventable in 2025 due to control gaps—capitalizing on the shift from siloed tools to unified posture management.[2][5] Timing is ideal as regulations demand continuous compliance, AI amplifies threat complexity, and enterprises seek ROI from bloated security stacks; CCM optimizes this by maximizing existing investments without new tools.[3][5][6] It influences the ecosystem by setting CCM as a standard (Gartner-validated), enabling CISOs to deliver board-level insights, fostering partnerships (e.g., Cisco, NextWave), and pushing AI for actionable security ops.[3][5][6]
Panaseer is poised for expansion through AI enhancements like MetricIQ, deeper framework integrations, and global scaling beyond its UK base, targeting more enterprises amid 2025's breach crisis.[2][3] Trends like AI-driven threats, zero-trust mandates, and regulatory scrutiny will amplify CCM demand, potentially accelerating acquisitions or further funding post-Series B.[1] Its influence may evolve from pioneer to category leader, empowering security teams to prevent breaches at scale and redefining risk management—proving that true visibility turns cybersecurity from cost center to strategic advantage.[5]
Panaseer has raised $40.0M across 3 funding rounds. Most recently, it raised $27.0M Series B in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $27.0M Series B | Accomplice VC, Cisco Investments, Evolution Equity Partners, Gaingels, Karim Faris, Andrew Schoen, Nokia Growth Partners, Trajectory Ventures, Trinity Ventures, Two Bear Capital, Wealthing VC Club, Peter Barris | |
| Jun 1, 2018 | $10.0M Series A | Accomplice VC, Cisco Investments, Evolution Equity Partners, Gaingels, Karim Faris, Andrew Schoen, Nokia Growth Partners, Trajectory Ventures, Trinity Ventures, Two Bear Capital, Wealthing VC Club, Peter Barris | |
| May 1, 2017 | $3.0M Seed | Accomplice VC, Evolution Equity Partners, Karim Faris, Nokia Growth Partners, Two Bear Capital |