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Grip Security
Provides comprehensive visibility, governance and data security to help enterprises effortlessly secure a burgeoning and chaotic SaaS ecosystem
About Grip Security
Grip Security is a startup that operates in the Software as a Service (SaaS) security market. The company provides a comprehensive solution to manage and secure the use of SaaS applications within an organization. Its primary clients are businesses that utilize multiple SaaS applications and need to manage the security risks associated with these applications.
Grip Security's business model revolves around providing a SaaS Security Control Plane, a centralized hub that allows businesses to monitor and control the use of SaaS applications. This includes identifying and assessing risks associated with the use of these applications, such as missing security controls and protections, and prioritizing the implementation of Single Sign-On (SSO) and Multi-Factor Authentication (MFA) for these applications. The company also offers services to discover and monitor SaaS usage for every user, understand their authentication method to assess risk, and orchestrate SaaS identity risks.
In terms of revenue, Grip Security makes money by charging businesses for the use of its SaaS Security Control Plane and related services. The company's offerings help businesses to mitigate the risks associated with SaaS sprawl, which is the uncontrolled proliferation of SaaS applications within an organization, and to secure their digital identities.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Aug 2023 | $41M | $164M | The Syndicate Group · Third Point Ventures · Intel Capital · YL Ventures | ↗ |
| EARLY VCOther financing | Mar 2023 | $0 | — | The Syndicate Group | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Grip Security is 16K monthly website visits, up 6.7% over the last three months. Grip Security's team declined 0.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
YL Ventures
Michael Sutton
Adi Sharabani- OAOmkhar Arasaratnam
Sameer Sait
George Kurtz- SYSounil Yu
Andy Ellis
Series A3 investors entered at this stage
Intel Capital
The Syndicate Group
Third Point Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Grip Security on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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