SAFE Secures $70 Million in Series C Funding to Revolutionize Cyber Risk Management with AI

SAFE, a pioneer in Cyber Risk Quantification (CRQ) and autonomous Third-Party Risk Management (TPRM), has announced a $70 million Series C funding round. This investment, spearheaded by Avataar Ventures and supported by SIG Venture Capital, NextEquity Partners, Prosperity7 Ventures, alongside existing investors, is set to propel SAFE's innovation in the cyber risk management sector. The funding will primarily fuel the development of Agentic AI-native reasoning models, advancing the company's mission towards achieving CyberAGI.

In conjunction with the funding announcement, SAFE introduced a groundbreaking upgrade to its Cyber Risk Singularity platform: the world's first fully autonomous Continuous Threat Exposure Management (CTEM) solution. This innovation, powered by Agentic AI, distinguishes itself from traditional CTEM tools by eliminating reliance on opaque scoring models and static signal aggregation, offering instead a precise and dynamic approach to threat management.

Saket Modi, Co-Founder and CEO of SAFE, highlighted the significance of this development, stating, "This is a defining milestone in our pursuit of CyberAGI." Since its inception in 2020, SAFE has not only shaped the CRQ category but has also emerged as a leader in TPRM with the introduction of Agentic AI in 2023. The addition of CTEM to SAFE's unified platform enables security and risk leaders to effectively prioritize and address both operational and strategic risks across first and third parties.

The recognition of SAFE's market dominance was further solidified by Forrester naming it the leader in its Q2 2025 Cyber Risk Quantification Wave. With over 50% of its customers adopting the TPRM module since its launch in 2024, SAFE's innovative approach continues to gain traction. Nishant Rao, Founding Partner at Avataar Ventures, praised SAFE's strategic positioning and execution, noting the company's consistent 120%+ year-over-year growth since 2020.

SAFE's impressive client roster includes industry giants such as Google, Fidelity, T-Mobile, Chevron, and IHG. With this latest funding round, SAFE's total capital raised exceeds $170 million, underscoring the confidence in its vision and technology. The SAFE One platform, which integrates CRQ, CTEM, and TPRM, represents a comprehensive solution for autonomous cyber risk management. For those interested in witnessing SAFE One's capabilities, the platform will be showcased at Black Hat USA — Booth #3851, with opportunities to schedule a live demo.