Funding of $70 Million Obtained for Constructing Cyber Artificial General Intelligence (AGI) in Series C
SAFE's Latest Upgrade Introduces Autonomous Cyber Risk Management Solution
SAFE, an emerging leader in Third-Party Risk Management (TPRM), has announced a significant upgrade to its Cyber Risk Singularity platform. The latest advancement introduces the world's first autonomous Continuous Threat Exposure Management (CTEM) solution, powered by Agentic AI.
The upgraded platform provides enterprises with a continuous, automated assessment and management of cyber risk exposure in real-time. This enhancement aims to boost proactive threat detection and remediation, setting SAFE apart as a pioneer in combining cyber risk management with AI-driven automation.
The CTEM solution leverages Agentic AI, a sophisticated form of AI that acts autonomously to discover, assess, and respond to cyber risks without continuous human intervention. This AI-driven approach allows for faster, more accurate, and scalable threat management.
With this innovation, SAFE is positioned as a leader in the cybersecurity industry, offering a strategic intelligence layer across the entire cybersecurity stack, not just as another detection tool.
The funding for this development comes from Avataar Ventures, along with Susquehanna Asia Venture Capital and John Chambers. The investment brings SAFE's total capital to over $170 million. The funds will be used to strengthen SAFE's market position and foster innovations in developing Agentic AI-native reasoning models.
Avataar Ventures led the Series C funding for SAFE, reflecting its investment philosophy rooted in transformative market shifts, particularly in cybersecurity and AI. Partnering with Saket Modi, the Co-Founder and CEO of SAFE, was an easy decision for Avataar Ventures.
SAFE serves notable clients such as Google, Fidelity, T-Mobile, Chevron, and IHG. The company has shown consistent 120%+ YoY growth since its launch in 2020.
Nishant Rao, a Founding Partner at Avataar Ventures, expressed his excitement about the partnership, stating, "SAFE's goal is to achieve CyberAGI."
This funding round follows most cybersecurity sub-sectors evaluated by Avataar Ventures being either overcrowded or limited to tactical, widget-like solutions. SAFE, however, offers a strategic solution that provides enhanced transparency and actionable insights through multiple autonomous AI agents.
Unlike traditional CTEM tools, SAFE's platform offers a more transparent and actionable approach, enabling enterprises to effectively reduce their overall cyber risk exposure.
The latest advancement in SAFE's Cyber Risk Singularity platform marks a new era in continuous, AI-driven cyber risk management.
This investment from Avataar Ventures, along with Susquehanna Asia Venture Capital and John Chambers, will allow SAFE to strengthen its market position and innovate in developing Agentic AI-native reasoning models, with a focus on artificial-intelligence and technology. With the integration of Agentic AI, the upgraded Cyber Risk Singularity platform will now offer a venture capital-backed autonomous Continuous Threat Exposure Management (CTEM) solution for technology-driven enterprises, setting a new standard in proactive cyber risk management.
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