Safe Security

Autonomous cyber risk quantification and management platform for insurance underwriting

Underwriting & Risk Growth Series C

Overview

Safe Security is a cyber risk quantification platform that bridges cybersecurity and insurance. Founded in 2012 by IIT Bombay alumni, the company provides autonomous risk assessment and quantification solutions that enable insurers to make better underwriting decisions and optimize cyber insurance pricing. The platform is used by over 50% of Fortune 500 companies, including T-Mobile, Verizon, Delta, Fannie Mae, Honeywell, and HP.

The core offering is the SAFEInside platform, which uses 100+ agentic workflow templates and 150+ native integrations to deliver real-time cyber risk assessment. The platform combines inside-out telemetry from customer IT environments with autonomous AI workflows to quantify cyber risk in economic terms, enable benchmarking, and support vendor risk assessment. Four solution modules address different insurance use cases: cyber risk quantification, continuous threat exposure management, third-party risk management, and AI security posture management.

Safe Security has raised over USD 170M across multiple funding rounds, including Series B (USD 50M in 2023) and Series C (USD 70M in 2025). Investors include Sorenson Capital, Eight Roads (Fidelity venture arm), Avataar Ventures, and backing from John Chambers, former Cisco CEO.

Products & Services

SAFEInside Platform

The core cyber risk management platform with four solution modules: Cyber Risk Quantification (CRQ) Measures and quantifies cyber risk in economic terms. Provides risk benchmarking, executive reporting, and supports pricing decisions. Claims 73% reduction in assessment and reporting time. Continuous Threat Exposure Management (CTEM) Unified exposure visibility, prioritization, and automated remediation workflows. Offers 200% productivity improvement in exposure management with optional fully autonomous operation mode. First autonomous CTEM solution launched in 2025. Third-Party Risk Management (TPRM) Continuous vendor risk assessment, onboarding, and monitoring. Provides 100% critical vendor coverage and automates vendor questionnaire workflows. AI Security Posture Management (AI-SPM) AI system monitoring, configuration assessment, and governance. Addresses emerging AI infrastructure risk in enterprise environments.

Key Features

150+ native integrations (Guidewire, Duck Creek, Salesforce, ServiceNow, major cloud providers)
100+ agentic workflow templates for automated risk assessment and reporting
50+ AI agent nodes for autonomous workflows
Inside-out telemetry for continuous risk assessment
Risk benchmarking and economic quantification
Executive reporting dashboards
SafeX analytics dashboard
SAFE AURA autonomous reporting agent
AI-powered risk benchmarking

Target Users: Underwriters, risk managers, broker technologists, MGA operations, vendor risk teams

At a Glance

Founded: 2012
Headquarters: Palo Alto, California
Employees: 201-500
Funding: Series C

Category & Focus

Category: Underwriting & Risk
Subcategories: Cyber risk quantification risk assessment automation vendor risk management
Insurance Verticals: P&C Commercial Specialty/E&S
Target Customers: Carriers, MGAs/MGUs, Brokers