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SalamTechs
العربيةBusiness services

Grip Security develops SaaS identity risk management software.

Introduce me to Grip Security
Grip Security website sharing image

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Founders & company facts

Sources reviewed:

Reported cumulative funding

$66,000,000 · Source

This index includes companies with publicly reported total funding up to US$150 million. This is a reported total, not valuation, the latest round size or confirmation of an open round. Funding reviewed: .

Documented founding team

Founded
2021Source
Reported Israeli location
Tel Aviv-YafoSource
Team range in directory
51-200Source
Reported business model
B2BSource

Selected disclosed financing

Selected transactions, with dates, funding types and reported participants.

  1. Aug 2023$41MSeries B
    Named participants

    Third Point Ventures · Strait Capital · Intel Capital · YL Ventures · The Syndicate Group

    Source
  2. Dec 2021$19MSeries A
    Named participants

    Intel Capital · FundFire · YL Ventures

    Source

Company overview

Product & customers

Grip Security develops SaaS identity risk management software. Its platform discovers application use and helps enterprises prioritise and remediate access risks across a fragmented cloud software estate.

Commercial potential · editorial analysis

The commercial opportunity is giving IT and security teams visibility into SaaS adoption that happens outside centrally purchased or managed applications. Investors should distinguish paid use and renewals from pilots, and examine how sales and delivery costs change as deployments expand.

What to validate

Diligence should focus on discovery accuracy, permission to inspect accounts, remediation coverage and measurable reduction in unmanaged access. Evidence should come from representative customer deployments, with costs, limitations and failure cases reported alongside successful results.

Explore the company website

Product source reviewed on . Company source