The round also saw participation from Susquehanna Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures, Eight Roads, John Chambers, Sorenson Capital, and others.
The funding will fuel Safe’s mission to transform how organizations quantify and manage cyber risks. The company offers a real-time cyber risk quantification and underwriting platform that enables enterprises and insurers to proactively assess cyber threats.
Last year, Safe launched Incyde Risk, a cyber insurance facility backed by Mosaic 1609 and other participating Lloyd’s syndicates. The facility offers up to $25 million in capacity on both a primary and first-excess basis, targeting a growing demand for scalable cyber coverage.
“Our investment philosophy is rooted in deep conviction around transformative market shifts—and few are as compelling as the opportunity in cybersecurity, especially in the age of AI,” said Nishant Rao, Founding Partner at Avataar Ventures. “Most cybersecurity sub-sectors we’ve evaluated are either overcrowded or limited to tactical, widget-like solutions. But cybersecurity today is a boardroom and CEO-level priority, and that’s not changing anytime soon.”
With its headquarters in California, Safe Security is positioning itself as a critical enabler in helping organizations and insurers navigate the evolving cyber threat landscape.
