Safe Security is a technology company.
Safe Security has raised $9.0M across 2 funding rounds.
Key people at Safe Security.
Safe Security has raised $9.0M in total across 2 funding rounds.
Safe Security has raised $9.0M in total across 2 funding rounds.
Safe Security's investors include 83North, Dell Technologies Capital, MS&AD Ventures, Glenn Solomon, Verizon Ventures, Walden International, AngelList, Peak XV Partners (formerly Sequoia Capital India & SEA).
Key people at Safe Security.
Safe Security is a leading technology company specializing in Cyber Risk Quantification (CRQ), offering an AI-native platform that autonomously identifies, quantifies, prioritizes, and mitigates cyber risks across enterprises, third parties, and AI systems.[1][2][6] It serves CISOs, GRC, and TPRM leaders in tech and other sectors by solving the challenge of translating complex cybersecurity data into dollar-based business risks, enabling prioritized decision-making, ROI analysis, and cyber insurance optimization without slowing business growth.[1][2][4] The platform powers these outcomes through agentic AI with 25+ specialized agents for 24/7 automation, including fully autonomous Third-Party Risk Management (TPRM) and Continuous Threat Exposure Management (CTEM).[1][2]
Growth has been explosive: rebranded from Lucideus in 2021, SAFE raised $33M Series A, followed by $50M Series B in 2023 and $70M Series C in 2025 to fuel CyberAGI development; key milestones include acquiring RiskLens (2023) and Balbix (2025), launching SAFE X generative AI, and topping Forrester's CRQ Wave Q2 2025 while leading TPRM per Liminal.[1]
Founded as Lucideus, Safe Security rebranded to SAFE in 2021, marking its pivot to pioneering Cybersecurity and Digital Business Risk Quantification (CRQ) with a platform that aggregates signals from people, processes, technology, products, and third parties to deliver real-time SAFE Scores (0-5) and financial risk values via supervised machine learning and Bayesian analysis.[1][3] The idea emerged from founders' vision to make cyber risk measurable in business terms, pulling read-only API data to map MITRE ATT&CK frameworks, compute attack paths, and run Monte Carlo simulations for precise loss projections.[7]
Early traction built through integrations (50+ by 2022) and awards like CISO’s Choice in Risk Management, accelerating with $33M Series A led by British Telecom and John Chambers in 2021.[1] Pivotal moments include 2023's RiskLens acquisition and SAFE X launch with $50M Series B from Sorenson Capital, Eight Roads, Telstra Ventures, and WTI, cementing leadership in the $4B CRQ market; 2025's Balbix acquisition and $70M Series C supercharged its agentic AI for unified risk management.[1]
Safe Security rides the agentic AI and Cyber Risk Singularity trend, converging data, automated models, and AI to automate cybersecurity amid exploding attack surfaces from vendors, AI systems, and digital expansion.[1][2][6] Timing is ideal in a $4B+ CRQ market strained by talent shortages and regulatory pressures (e.g., TPRM mandates), where traditional tools fail to quantify risks in business terms—SAFE's autonomous agents address this by slashing headcount needs and enabling resilience for digital growth.[1][3]
It influences the ecosystem by redefining CISOs as business enablers, lowering insurance premiums via precise exposure data, and setting standards via Forrester leadership and acquisitions that consolidate fragmented tools into unified platforms.[1][2][4] Market forces like rising breaches and AI-driven threats favor its always-on visibility, helping tech firms balance speed with security.
Safe Security is poised to dominate autonomous cyber risk management as Agentic AI scales, with CyberAGI and post-Balbix unification driving platform expansion into emerging risks like AI vulnerabilities.[1][6] Trends such as generative AI proliferation, stricter TPRM regs, and cyber insurance evolution will amplify demand for its dollar-driven, self-driving capabilities, potentially capturing more of the $4B+ market through further acquisitions and integrations.[1]
Its influence may evolve from CRQ pioneer to ecosystem orchestrator, empowering CISOs globally while sustaining momentum via consistent funding and awards—watch for deeper AI agent marketplaces or partnerships accelerating enterprise adoption.[1][2] This positions SAFE as indispensable for tech resilience in an AI-everywhere world, building on its transformative origin to quantify and conquer cyber risks at scale.
Safe Security has raised $9.0M across 2 funding rounds. Most recently, it raised $7.0M Series A in December 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2019 | $7.0M Series A | 83North, Dell Technologies Capital, MS&AD Ventures, Glenn Solomon, Verizon Ventures, Walden International | |
| May 1, 2017 | $2.0M Seed | AngelList, Peak XV Partners (formerly Sequoia Capital India & SEA) |