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SAFE, a leader in Cyber Risk Quantification (CRQ) and autonomous Third-Party Risk Management (TPRM), has raised USD 70 million in a Series C funding round led by Avataar Ventures. Other participants include Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and existing investors such as Eight Roads, John Chambers, and Sorenson Capital.
The funds will be deployed to strengthen SAFE’s position in the cyber risk management market and to advance the development of Agentic AI-based reasoning models aimed at achieving CyberAGI.
The company also introduced a major upgrade to its Cyber Risk Singularity platform — the world’s first fully autonomous Continuous Threat Exposure Management (CTEM) solution powered by Agentic AI.
“This is a defining moment in our pursuit of CyberAGI,” said Saket Modi, Co-founder and Chief Executive Officer of SAFE. “When we launched our platform in 2020, we focused on Cyber Risk Quantification as the foundation of cyber risk management. Since then, we have expanded into autonomous Third-Party Risk Management and now into…
