SecurityScorecard offers a platform that assigns A–F letter grades to companies’ security postures across multiple dimensions, giving organizations a standardized way to assess vendor risk. The company reports ratings on more than 2 million companies worldwide and says it can rate a new company in about five minutes. Every company can view its own scorecard for free and receives guidance on how to improve its score. SecurityScorecard has 17,000 customers globally, including seven of the top ten pharmaceutical companies. Founded in 2014, the firm positions its scoring system as a metric set that previously did not exist for CISOs and security teams. Leadership cites the SolarWinds breach as an example where SecurityScorecard’s ratings reflected risks before the incident. SecurityScorecard provides a platform that generates security ratings and granular risk data across a broad range of categories (including Web, Application Security, Patching Cadence, Network Security, Hacker Chatter, Social Engineering, Leaked Credentials, DNS Health, Endpoint Security, IP Reputation and Cubit Score). Its ratings are used across 175 countries for cybersecurity insurance underwriting, M&A due diligence, reputation management and vendor risk management. The company completed a $50M Series D in 2019, bringing total funding to $110M. The round was led by Riverwood Capital with participation from existing investors such as Evolution Equity, Intel Capital, Two Sigma, AXA Ventures and Accomplice. SecurityScorecard intends to use the funds to expand its product suite and platform, further corporate growth, and accelerate global expansion. The company was founded in late 2013 and is based in New York City. SecurityScorecard offers a platform that provides CISOs, security practitioners, risk management professionals, and boards an outside-in view of the security posture of their IT infrastructure and third- and fourth-party vendors. The platform continuously monitors the security posture of more than 200,000 enterprises and government agencies worldwide and evaluates them on hundreds of indicators of compromise. It assigns an A-to-F rating and delivers actionable intelligence to help security teams remediate vulnerabilities. The company intends to use proceeds from the Series C to bring new solutions to market. SecurityScorecard was founded in late 2013 by Dr. Aleksandr Yampolskiy and Sam Kassoumeh and is headquartered in New York City. The company raised $27.5M in Series C financing to support those plans. SecurityScorecard provides a platform that unobtrusively scans external signals from company networks and assigns A-to-F cybersecurity grades used to evaluate vendors and internal security. The company currently tracks and grades 100,000 companies. Management says the product is intended as a technology-driven alternative to vendor questionnaires for assessing vendor risk. The founders plan to use new funding to expand the company's reach overseas and add talent. CEO Dr. Aleksandr Yampolskiy co-founded the company in 2013 after leaving a security role at Gilt Groupe. Headcount has grown from roughly 15–20 employees to over 85 since the prior financing. Security Scorecard offers a platform that helps businesses predict and remediate potential security risks and to collaborate on security issues with partners and vendors. Founded in 2013 by CEO Dr. Aleksandr Yampolskiy and COO Sam Kassoumeh, the company targets enterprise customers. Its client base includes Fortune 500 leaders in financial services, retail, healthcare and manufacturing, including Trinet, Gilt Groupe, Deerfield Management, Shutterstock, and Harry’s. In March 2015 Security Scorecard raised $12.5M in a Series A financing. The round was led by Sequoia Capital with participation from existing backers Boldstart and Evolution Equity Partners. Sequoia partner Michael Goguen joined Security Scorecard’s board as part of the deal.

Total raised

$291M

Funding rounds

6

Latest round

Series E

Latest activity

Mar 2021