The Venture Codex Logo

The Venture Codex

Strike Graph

999 3rd Ave Fl 33, Seattle, Washington, 98104, United States

Overview

Strike Graph provides a TrustOps platform to help companies design, operate and measure security certifications and compliance programs. The platform offers auditing capabilities for frameworks including SOC 2, ISO 27001, ISO 27701, HIPAA, NIST, FedRAMP, PCI DSS, CCPA/CPRA, TISAX and GDPR. The company says many customers achieve compliance 80% faster from start to certification. Customers include Bluefletch, Thankful and Valid8. Strike Graph plans to use new capital to expand market presence, further develop its AI technology, and add product capabilities to support larger customers and CISOs. The company was founded in 2020 by Justin Beals and is based in Seattle, WA. Strike Graph is a compliance SaaS platform that helps companies pass cybersecurity audits by automating compliance scoping, evidence collection and security questionnaires. Launched in 2020 and based in Seattle, the product supports frameworks including SOC 2, ISO 2700x, CCPA, HIPAA and GDPR. The company says 100% of its customers have received a clean audit report and reports 4x growth in customer adoption since its seed round. Strike Graph was the first company to build an AI offering that automates security questionnaires and has been recognized as a High Performer on G2. With new capital it plans to expand framework support to FEDRAMP and NIST, broaden its international presence including Canada, and hire across engineering, product, marketing, customer support and security/compliance roles. The platform is positioned to help customers achieve certifications (SOC 2 Type I/II, HIPAA, ISO 27001) and to monetize security practices to unlock revenue faster. Strike Graph provides compliance automation that prepares companies for security audits and helps them improve security posture through risk assessments and recommended controls. The company does not perform audits itself; customers still hire auditing firms, while Strike Graph focuses on the pre-audit preparation and ongoing maintenance. Co-founders Justin Beals (CEO) and Brian Bero incubated the company at Madrona Venture Labs; Beals previously served as CTO at Koru and was an Entrepreneur in Residence at Madrona. Strike Graph targets mid-size businesses and plans to build integrations that will automate the collection of evidence (for example, encryption settings) required for ongoing certifications. Automated evidence collection is slated to launch in early 2021 once initial integrations are built out. The company announced a $3.9 million seed round to fund product development and go-to-market efforts.

Total raised
$20M
Funding rounds
3
Latest round
Equity
Latest activity
Dec 2023

Industries

  • Compliance
  • Cyber Security
  • SaaS
Visit website

Recent funding

  1. Equity

    Dec 2023

    $9M

  2. Series A

    Sep 2021

    $8M

  3. Seed

    Oct 2020

    $4M

Team