SecurityScorecard Inc.

SecurityScorecard is a cybersecurity technology company that provides continuous, outside‑in security ratings and a Supply Chain Detection and Response platform to help organizations detect, prioritize, and remediate cyber risk across their own attack surface and third‑party vendor ecosystems[5][1]. SecurityScorecard’s platform is used for third‑party risk management, board reporting, cyber insurance underwriting, and incident response by thousands of customers and continuously rates millions of organizations to provide A–F style scores and actionable telemetry[1][2].

High‑Level Overview

• Mission: Make the world safer by transforming how organizations understand, mitigate, and communicate cybersecurity risk to boards, employees, and vendors[1].
  - Investment philosophy / Key sectors / Impact on the startup ecosystem: (Not an investment firm; these items are not applicable. SecurityScorecard is a product company focused on cybersecurity and supply‑chain risk.)
  - What product it builds: A SaaS security‑ratings platform and Supply Chain Detection and Response (SCDR) product that continuously monitors and scores organizations using outside‑in telemetry and AI‑powered analytics[5][4].
  - Who it serves: Enterprises, third‑party risk (TPRM) and security operations (SOC) teams, GRC managers, CISOs, cyber insurers, and boards that require continuous visibility into vendor and enterprise security posture[5][4].
  - What problem it solves: Provides continuous, non‑intrusive visibility into external security posture and vendor risk, helps prioritize remediation, and bridges detection with vendor collaboration to reduce supply‑chain attack surface and accelerate response[5][4].
  - Growth momentum: The company reports millions (over 11–12 million in firm materials) of organizations rated and tens of thousands of customers using the platform, and it has grown into a widely adopted vendor‑risk and cyber‑ratings standard used for underwriting and enterprise TPRM[1][3][2].

Origin Story

• Founders and background: SecurityScorecard was founded in 2013 by security and risk experts Dr. Aleksandr (Alex) Yampolskiy and Sam Kassoumeh[2][3].
  - How the idea emerged: The founders created an outside‑in security rating system to quantify organizational cybersecurity posture non‑intrusively and to make security risk comparable and actionable for enterprises and their boards; the approach matched growing demand for objective vendor risk data[2][1].
  - Early traction / pivotal moments: The company early on gained adoption for third‑party risk use cases and expanded into cyber insurance, board reporting, and enterprise risk management; it secured venture backing from investors such as GV (Google Ventures), Sequoia, Two Sigma, Intel Capital, Evolution Equity Partners and others as it scaled its ratings and telemetry footprint[1][3].

Core Differentiators

• Continuous, outside‑in rating model: Patented, non‑intrusive scoring that continuously rates organizations at scale (millions rated) using external telemetry rather than relying solely on self‑reported questionnaires[2][1].
  - Supply‑chain focus and SCDR product: A dedicated Supply Chain Detection and Response platform that links TPRM and SOC workflows to move from passive monitoring to active remediation and vendor collaboration[5].
  - Scale and data footprint: Extremely large coverage (millions of entities followed, tens of thousands of customers) that enables benchmarking and threat clustering across broad ecosystems[1][3].
  - Integrations and automation: Prebuilt integrations (e.g., ServiceNow) and alerting/workflow features to speed vendor outreach and remediation, reducing manual follow‑ups for risk teams[5][2].
  - Use cases beyond ratings: Adoption across cyber insurance underwriting, regulatory oversight, due diligence, and board reporting—making the product useful across risk, compliance, and security functions[3][2].

Role in the Broader Tech Landscape

• Trend they are riding: Rising enterprise focus on third‑party and supply‑chain cyber risk as attackers increasingly exploit vendor relationships and misconfigurations[5][4].
  - Why timing matters: Regulatory scrutiny, expansion of remote cloud/SaaS usage, and growth of cyber insurance have increased demand for continuous, objective vendor risk data and for tools that connect detection to remediation[3][5].
  - Market forces working in their favor: Enterprises need scalable ways to manage large vendor portfolios, insurers need objective loss‑probability signals, and SOC/TPRM teams need to reduce noise and accelerate remediation—creating strong demand for SecurityScorecard’s telemetry and automation[5][1].
  - How they influence the ecosystem: By providing standardized, outside‑in ratings at scale, SecurityScorecard helps set benchmarks for vendor security, informs underwriting decisions, and pressures vendors to remediate issues faster, thereby raising baseline security practices across partner ecosystems[2][3].

Quick Take & Future Outlook

• What's next: Continued expansion of SCDR capabilities, deeper integrations with SOC and GRC tooling, broader AI/telemetry to surface emerging attack clusters, and greater adoption by insurers and regulators seeking standardized external risk signals[5][1].
  - Trends that will shape their journey: Greater regulatory requirements for third‑party risk management, increased demand for continuous monitoring over point‑in‑time assessments, and growth in cyber insurance — all favor platforms that automate detection, scoring, and remediation[3][5].
  - How their influence might evolve: If SecurityScorecard sustains its scale and accuracy, it can further entrench its ratings as a standard for vendor risk and underwriting, and its SCDR workflow capability could shift industry practice from passive rating to coordinated, cross‑organization remediation[1][5].

Quick reiteration: SecurityScorecard is a scale‑focused cybersecurity SaaS company providing continuous, outside‑in security ratings and a Supply Chain Detection and Response platform that helps enterprises and insurers detect, prioritize, and remediate vendor and enterprise cyber risk at scale[1][5][3].