About UpGuard
UpGuard helps businesses manage and reduce risks related to their digital operations through its cybersecurity software solutions. Its main products include UpGuard CyberRisk, which evaluates a company's cybersecurity health and identifies vulnerabilities; UpGuard Vendor Risk, which assesses the security practices of third-party vendors; and UpGuard BreachSight, which monitors the internet for exposed data and potential breaches. Unlike many competitors, UpGuard offers a subscription-based model, allowing clients to access its services online without the need for installation. The goal of UpGuard is to provide essential tools that help organizations protect their data and comply with regulatory standards.
Mountain View, CaliforniaHeadquarters
2012Year Founded
$44.7MTotal Funding
SERIES_BCompany Stage
Enterprise Software, CybersecurityIndustries
201-500Employees
Benefits
Free lunches and coffee
Gym reimbursement
Flexible work arrangements (work-from-home)
A 401(k) plan, health, dental, and vision benefits (US employees)
Risks
Emerging competition from developer-focused platforms like Aikido challenges UpGuard's market share.
Rapid AI evolution in cybersecurity could diminish UpGuard's competitive edge.
New quantitative vulnerability scoring systems may pressure UpGuard to innovate its methodologies.
Differentiation
UpGuard's CSTAR score integrates cybersecurity with corporate insurance policies.
UpGuard's AI tool streamlines security tasks for resource-limited teams.
UpGuard's SIG Lite questionnaire enhances vendor risk assessment efficiency.
Upsides
UpGuard is a leader in third-party risk management for eight consecutive quarters.
Growing demand for AI-driven cybersecurity solutions aligns with UpGuard's recent AI tool launches.
Increasing regulatory requirements drive demand for UpGuard's comprehensive cybersecurity solutions.
Funding
Total raised$44.70 M
Latest valuation$95.00 M
StageSERIES_B
SERIES B
5/31/2021$19
$95.00 MSERIES A
7/31/2014$9
$43.50 M$1
$6.00 M