SAFE Secures $70 Million in Series C Funding to Pioneer Autonomous Cyber Risk Management

SAFE, a frontrunner in Cyber Risk Quantification (CRQ) and autonomous Third-Party Risk Management (TPRM), has announced a $70 million Series C funding round led by Avataar Ventures. This investment underscores the escalating demand for advanced cybersecurity solutions in an era where digital threats are increasingly sophisticated. The funding will propel SAFE's mission to achieve CyberAGI, leveraging Agentic AI to revolutionize Continuous Threat Exposure Management (CTEM).

The introduction of SAFE's fully autonomous CTEM solution, powered by Agentic AI, represents a paradigm shift in how organizations manage cyber risks. Unlike traditional tools that offer static risk assessments, SAFE's platform provides dynamic, AI-driven insights, enabling businesses to prioritize and mitigate risks with unprecedented precision. This innovation is not just a technological advancement but a necessary evolution in the face of growing cyber threats that target both operational and strategic vulnerabilities.

Saket Modi, Co-Founder and CEO of SAFE, highlighted the company's trajectory from pioneering CRQ to leading the charge in TPRM and now CTEM. Each step, according to Modi, is a building block towards the ultimate goal of CyberAGI, a vision that aligns with the increasing prioritization of cybersecurity at the highest levels of corporate governance.

The significance of SAFE's advancements is further validated by its recognition as a leader in the Forrester Q2 2025 Cyber Risk Quantification Wave and the adoption of its TPRM module by over 50% of its customers since its launch in 2024. With the addition of CTEM, SAFE's unified platform, SAFE One, offers a comprehensive solution for managing cyber risks across first and third parties, a critical need in today's interconnected digital landscape.

Nishant Rao, Founding Partner at Avataar Ventures, emphasized the strategic importance of SAFE's approach to cybersecurity. In a market crowded with tactical solutions, SAFE stands out by offering a strategic intelligence layer that addresses the comprehensive needs of modern enterprises. This, combined with SAFE's consistent triple-digit year-over-year growth, makes it a compelling partner for investors and customers alike.

With clients like Google, Fidelity, and T-Mobile, and total funding now exceeding $170 million, SAFE is poised to redefine cyber risk management. Its presence at Black Hat USA and the opportunity to see SAFE One in action underscore the company's commitment to leading the charge towards a safer digital future. For more information, visit https://www.safe.security.