Sweepatic
Sweepatic is a technology company.
Financial History
Sweepatic has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has Sweepatic raised?
Sweepatic has raised $3.0M in total across 1 funding round.
Sweepatic is a technology company.
Sweepatic has raised $3.0M across 1 funding round.
Sweepatic has raised $3.0M in total across 1 funding round.
Sweepatic has raised $3.0M in total across 1 funding round.
Sweepatic's investors include Armilar Venture Partners, eCapital Entrepreneurial Partners, Giesecke+Devrient Ventures, TIIN Capital, TIN Capital.
Sweepatic is a cybersecurity company specializing in External Attack Surface Management (EASM), offering a cloud-based platform that automates the continuous mapping, monitoring, and management of internet-connected assets and associated risks.[1][2][3] The platform runs 24/7, delivering insights via high-impact notifications and an intuitive dashboard to help organizations identify, structure, and reduce their external attack surface, making them less attractive to cyber attackers.[1][5] It serves enterprises across sectors like logistics (Lineas), healthcare (Ziekenhuis Netwerk Antwerpen), manufacturing (Reynaers Aluminium, Flanders Make), gaming (National Lottery), and utilities (Sibelga), addressing the growing challenge of unmanaged digital footprints amid rising cyber threats.[3] Founded in 2016 in Leuven, Belgium, Sweepatic raised $4.39M in funding before being acquired by Outpost24 in June 2023, demonstrating strong growth in a market where EASM was formalized by Gartner only in 2021.[2][4][5]
Sweepatic was founded in 2016 in Leuven, Belgium, by Stijn Vande Casteele, who serves as CEO, alongside team members like Hannah.[1][8] Ahead of its time—Gartner defined EASM in 2021—the company emerged to tackle the expanding digital complexity where organizations' internet-facing assets often outpace security oversight, creating vulnerabilities.[2][3] Early traction came from pioneering automated attack surface mapping in Europe, securing investments including a €2.8M round in 2021 from PMV, eCAPITAL Entrepreneurial Partners, and others to fuel expansion.[3][5] Pivotal moments include earning the "Cybersecurity Made in Europe" label from ECSO in 2021, validating its European roots and reliability, and winning two Global Infosec Awards at the US RSA Conference for innovation in attack surface management.[3][5][8]
Sweepatic stands out in the EASM space through its early-mover advantage and mature platform:
Sweepatic rides the exploding demand for EASM amid digital transformation, where hybrid clouds, IoT, and remote work have ballooned unmanaged internet-facing assets, outpacing traditional cybersecurity.[2][3] Its timing is ideal: pre-2021 focus positioned it as a pioneer in a category now recognized by Gartner, fueling adoption as cyber attacks surge and regulations like GDPR demand proactive resilience.[3][5] Market forces favoring it include Europe's emphasis on sovereign tech—bolstered by its ECSO label—and the shift from reactive to continuous monitoring, influencing the ecosystem by setting benchmarks for automation that competitors like runZero and ThreatModeler must match.[2][4][8] Post-acquisition by Outpost24, Sweepatic amplifies global EASM maturity while championing European innovation.
Sweepatic's acquisition by Outpost24 in 2023 integrates its mature EASM platform into a larger cybersecurity portfolio, likely accelerating international scaling and R&D in AI-enhanced threat detection.[4] Upcoming trends like zero-trust architectures and AI-driven attacks will amplify demand for its daily scanning and integrations, potentially expanding into CAASM (Cyber Asset Attack Surface Management) hybrids.[2][4] As a Outpost24 brand, its influence could evolve from European leader to global standard-setter, prioritizing compliant, automated tools amid rising state-sponsored threats—reinforcing its role in making organizations proactive fortresses against an ever-expanding digital frontier.[8]
Sweepatic has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in October 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2021 | $3.0M Series A | Armilar Venture Partners, eCapital Entrepreneurial Partners, Giesecke+Devrient Ventures, TIIN Capital, TIN Capital |