

Founded: 2012
Headquarters: Palo Alto, California
Employees (approx.): 991
Core focus: Cyber Risk Quantification (CRQ) and autonomous cyber risk management
Latest financing: $70M Series C (Jul 31, 2025); total funding reported > $170M
Notable acquisitions: RiskLens (Jul 12, 2023); Balbix (Nov 18, 2025)
Quantifying and managing enterprise-wide cyber risk, linking technical security signals and control failures to business impact and potential financial exposure.
2012
Cybersecurity
$7M
Raised as Lucideus; included venture debt participation from WTI.
$33M (investment reported)
BT announced a strategic investment in SAFE.
$50M
Series B participants included Eight Roads, Telstra Ventures, WTI, and existing investors; company stated total funding exceeded $100M after this round.
$70M
Company stated total funding exceeded $170M; Series C participants included Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures and existing investors such as Eight Roads, John Chambers, and Sorenson Capital.
“Backed by institutional VCs and strategic investors, including Avataar Ventures (Series C), Sorenson Capital (Series B), Eight Roads, Telstra Ventures, MS&AD Ventures, and strategic investor BT.”