Secureframe Raises Series B & Adds Executive Leadership to Build the Future of Security & Compliance

  • February 23, 2022

Emily Bonnie

Senior Content Marketing Manager at Secureframe

I’m excited to share that Secureframe has raised a $56 million Series B, led by Accomplice Ventures to continue building the next generation security compliance automation platform. 

Fresh off our $18M Series A less than a year ago, this is a major milestone for our fast-growing company and a signal to the market that automation is the future of security and compliance. This new financing underscores the tremendous demand for solutions that streamline the compliance process and help organizations achieve best-in-class security. 

Accomplice Ventures, Kleiner Perkins, Optum Ventures, Gradient Ventures, Soma Capital, Impatient Ventures, and Gaingels all share our passion and vision for the future of security compliance automation. We are excited to partner with these forward-thinking firms and welcome the security and compliance experts who joined this round, including Jon Oberheide (Duo Security CTO), Ash Devata (VP / GM for Zero Trust and Duo at Cisco), and Leore Avidar (Alt CEO). I’d also like to welcome Michael Viscuso, the co-founder of Carbon Black, to our Board of Directors.

Over the past two years, we’ve built an end-to-end security compliance automation platform that allows companies of all sizes to simplify their audits and strengthen their security posture. We’re on a mission to help organizations build trust and stay secure at every stage of growth — and we’re not slowing down. 

Secureframe started as a solution to ease the friction of SOC 2 compliance. New regulations, emerging security frameworks, and rising customer expectations put significant strain on growing companies, and too many organizations are trying to keep up using disconnected security tools and manual compliance reviews. With our security compliance automation platform, a SOC 2 audit that typically takes more than a year of tedious manual work and stressful documentation prep can be done in a matter of days. 

We’ve since expanded our platform offerings to include ISO 27001, HIPAA, and PCI DSS compliance frameworks. I couldn’t be more excited for this next phase of growth and innovation, especially after closing out 2021 with so many milestones: 

  • We achieved 10x revenue growth and 7x customer growth, adding customers like Stream, Dooly, Lob, Instabase, Slab, and Doodle.  
  • We grew our team to over 80 people coast-to-coast, including an executive team that brings together elite leaders from some of the world’s most successful companies. 
  • We added several new security frameworks to our offering, which now includes SOC 2,  ISO 27001, HIPAA, and PCI DSS — with more coming soon. 
  • We partnered with industry leaders like Plaid to set the next stage of security frameworks with OFDSS
  • We built 100+ integrations with the most-loved business apps, resulting in less manual work for our customers, faster audit timelines, and continuous systems monitoring. 

2021 was an incredible year, but we’re just getting started. We raised this round at an opportune time of high growth for our company. We are going to continue keeping our customers foremost in our vision and invest more in R&D and building our team. For the most part, it’s business as usual.

I’d like to thank everyone on the Secureframe team, investors, and our valued partners for their amazing efforts and dedication in getting us to this point. I’d also like to express my deepest gratitude to our customers for choosing Secureframe and joining us on this journey. We look forward to this next stage of growth and to building the future of security and compliance together. 

As we hit the ground running over the next weeks and months, we are focused on growing our team across every function of the company. As a remote-first organization, we’re looking for talented product designers and software engineers, account executives, customer success managers, marketers, and executive leaders from anywhere in the US and Canada. Learn more about our team, view open positions, and come join us!