SAFE Secures $70 Million Series C Funding to Pioneer Autonomous Cyber Risk Management
SAFE's latest funding round and technological advancements mark a significant leap towards autonomous cyber risk management, highlighting the growing importance of AI in cybersecurity.
SAFE, a leader in Cyber Risk Quantification (CRQ) and autonomous Third-Party Risk Management (TPRM), has announced a $70 million Series C funding round led by Avataar Ventures. This investment underscores the critical role of innovative cybersecurity solutions in today's digital landscape, where businesses face increasingly sophisticated threats.
The funding will propel SAFE's mission to achieve CyberAGI, leveraging Agentic AI to enhance its Cyber Risk Singularity platform. The introduction of the world's first fully autonomous Continuous Threat Exposure Management (CTEM) solution represents a significant advancement in the field, offering a more dynamic and intelligent approach to identifying and mitigating cyber risks.
SAFE's CEO, Saket Modi, emphasized the company's trajectory from pioneering CRQ to leading the charge in TPRM and now CTEM, all powered by Agentic AI. This evolution reflects SAFE's commitment to redefining cyber risk management through autonomous technologies that provide strategic intelligence across the cybersecurity stack.
The significance of SAFE's achievements is further validated by its recognition as a leader in the Forrester Q2 2025 Cyber Risk Quantification Wave and the rapid adoption of its TPRM module by over 50% of its customers since its launch in 2024. With the addition of CTEM, SAFE's platform offers a comprehensive solution for managing both operational and strategic risks across first and third parties.
Nishant Rao of Avataar Ventures highlighted the strategic importance of cybersecurity in the boardroom and the unique position of SAFE as a transformative force in the industry. SAFE's impressive growth and the trust of major customers like Google, Fidelity, and T-Mobile underscore the demand for advanced, AI-driven cybersecurity solutions.
With total funding now exceeding $170 million, SAFE is set to expand its influence in the cybersecurity market, offering a unified platform, SAFE One, that integrates CRQ, CTEM, and TPRM. This development not only signifies a milestone for SAFE but also points to the broader shift towards autonomous, AI-enhanced cybersecurity measures in response to the evolving threat landscape.