Cyber risk management provider Safe this week announced raising $70 million in a Series C funding round that brings the total raised by the company to over $170 million.
The new investment round was led by Avataar Ventures, with additional support from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, and previous investors.
Founded in 2012, incubated in Bombay, India, with headquarters in Silicon Valley, US, Safe has built an AI-based platform that helps organizations quantify and manage risks across enterprise resources, third-party dependencies, and AI tools.
The solution provides assessments of third-party vendors, supply chains, and top risks, and helps prioritize findings, mitigate risks, cost-effectively allocate cybersecurity budgets, and meet regulatory requirements.
Safe offers more than 25 specialized AI agents for autonomous cyber risk management, and more than 100 API integrations, for real-time data. The company also provides an agentic AI-powered continuous threat exposure management (CTEM) platform.
The company will use the new funding to accelerate its presence on the cyber risk management market and to fuel innovation in agentic AI-native reasoning models.
Safe says its aim is to achieve Cyber Artificial General Intelligence (CyberAGI), a system that can predict, detect, and address threats on its own. CyberAGI, it says, spans across asset inventory, detection, identification, third-party risk, threat intelligence, protection, response, recovery, and governance and compliance.
“Cybersecurity today is a boardroom and CEO-level priority, and that’s not changing anytime soon. What makes Safe stand out is its positioning – not as another detection tool, but as a strategic intelligence layer across the entire cybersecurity stack,” Avataar Ventures founding partner Nishant Rao said.
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