Sepio offers an asset risk management platform that helps organizations detect and manage all hardware assets connected to their networks, protecting against hardware-based attacks and rogue devices. The platform delivers actionable visibility, policy enforcement, and mitigation capabilities to reduce hardware-layer risk. Sepio intends to use recent funding to accelerate global expansion and continue product development. In August 2024 the company raised an $11M Series B extension, bringing its total Series B funding to $33M and total capital raised to $48M. The round included participation from investors such as U.S. Venture Partners, Hanaco Ventures, Munich RE Ventures, Merlin Ventures, Citi Ventures, Pico Partners and Stanford University, led by Tau Capital. The company is based in Rockville, Maryland. Sepio offers an Asset Risk Management Platform that discovers managed, unmanaged, and hidden devices and assigns each an Asset Risk Factor so security teams can monitor posture from a single location. Its hardware DNA technology and algorithms automatically generate an Asset DNA profile for every asset and produce Asset Risk Factors based on contextual business, location, and rules. The platform is designed to surface shadow IT — apps, IoT devices, and cloud instances — that traditional security tools often miss. Once discovered, assets can be monitored for vulnerabilities and misconfigurations that increase the risk of data breaches. Last month Sepio raised $22 million as part of a Series B funding round, bringing its total funding to $37 million. The company positions itself against competitors such as Armis and Axonius by emphasizing non-behavioral discovery and hardware-level properties as the most trustworthy source of asset risk.

Total raised

$33M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2024