Onapsis builds the Onapsis Platform to deliver actionable insight, secure change, automated governance and continuous monitoring for mission-critical applications (ERP, CRM, HCM, SCM, BI) from vendors such as SAP, Oracle and Salesforce. The platform protects applications running on-premises and on cloud IaaS, PaaS and SaaS, and the API-based integrations between them. The company is expanding its product to cover mission-critical SaaS applications, launching early access programs for Salesforce and SuccessFactors and planning support for Workday and Oracle cloud services. Onapsis serves more than 300 global enterprises, including over 20% of the Fortune 100, and partners with leading system integrators and consultancies. Recent operating highlights include over 145% growth in net new ARR, a 98% customer retention rate, more than 380 employees, and Onapsis Research Labs’ discovery of over 800 zero-day vulnerabilities. Headquartered in Boston with offices in Heidelberg and Buenos Aires, Onapsis emphasizes protection of the intelligent enterprise as customers accelerate digital transformation. Onapsis builds cybersecurity and compliance solutions for business-critical applications and ERPs such as SAP and Oracle, centered on the Onapsis Security Platform. The platform automates monitoring, preventative vulnerability and compliance controls, and real-time detection and incident response, and integrates with SIEM, GRC and network security tools. Onapsis Research Labs powers the offering, having uncovered and helped fix hundreds of security vulnerabilities across SAP and Oracle platforms. The company serves over 200 customers including many Global 2000 firms, has grown to more than 180 employees, and reported record year-over-year growth for five consecutive years. Onapsis raised a $31M Series C that brings total funding to $62M and plans to use the capital to accelerate sales, customer success, marketing, product development, threat research and channel/partner programs. Headquartered in Boston, MA, the company positions itself as the market leader in ERP security and compliance. Onapsis develops the Onapsis Security Platform and related solutions to secure SAP and Oracle enterprise applications, offering preventative vulnerability and compliance controls plus real-time detection and incident response. Its offerings integrate with SIEM, GRC and network security products and are powered by the Onapsis Research Labs, which have uncovered and helped fix hundreds of security vulnerabilities and identified more than 50 specific SAP and Oracle issues. The company holds a global patent and says its platform is the most widely-used SAP-certified cyber-security solution in the market. Onapsis serves over 180 Global 2000 customers, including leading retailers, energy firms and manufacturers, and is used by major consulting and audit firms. Financially, Onapsis reported over 130% year-over-year revenue growth in 2014 and was on track for consistent growth through 2015. With recent funding, the company plans to scale research and development and expand sales, marketing and customer success to accelerate adoption among Global 2000 organizations. Onapsis Inc. is a Cambridge, Massachusetts–based provider of solutions that audit and mitigate cybersecurity threats targeting business-critical applications. Its offerings focus on protecting Enterprise Resource Planning (ERP), Supply Chain Management (SCM) and Business Intelligence (BI) systems, including SAP and Oracle platforms. The company protects sensitive business information and processes for more than 100 global brands and nationally-recognized government organizations that run mission-critical software. Led by CEO and co-founder Mariano Nunez, Onapsis will use the funds to enhance its research and engineering teams and product offerings. It also plans to expand its global sales operations.

Total raised

$113M

Funding rounds

4

Latest round

Series D

Latest activity

Oct 2020