About Bugcrowd
Bugcrowd is a company based in San Francisco (United States) founded in 2012 by Casey Ellis.. Bugcrowd has raised $183.69 million across 8 funding rounds from investors including SVB, Hostplus and Icon Ventures. The company has 131 employees as of December 31, 2022. Bugcrowd has completed 2 acquisitions, including Informer and Mayhem Security. Bugcrowd offers products and services including Bugcrowd Platform, Bug Bounty, and Pen Test as a Service. Bugcrowd operates in a competitive market with competitors including Applause, Synack, HackerOne, Yes We Hack and UNGUESS, among others.
- Headquarter San Francisco, United States
- Employees 131 as on 31 Dec, 2022
- Founders Casey Ellis
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Bugcrowd Inc
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Products & Services of Bugcrowd
Bugcrowd offers a comprehensive portfolio of products and services, including Bugcrowd Platform, Bug Bounty, and Pen Test as a Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for crowdsourced vulnerability testing and remediation
Program to find hidden flaws via security researchers
Service for rapid penetration testing of applications
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Leadership Team
25 people
Sales and Marketing
20 people
Senior Team
11 people
Software Development Team
11 people
Operations Team
6 people
Product Management Team
4 people
Human Resources and Administration
4 people
Hacker Team
3 people
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Funding Insights of Bugcrowd
Bugcrowd has successfully raised a total of $183.69M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Debt – Conventional — $50.0M
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First Round
First Round
(10 Dec 2012)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2024 | Amount | Debt – Conventional - Bugcrowd | Valuation |
investors |
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| Feb, 2024 | Amount | Series E - Bugcrowd | Valuation | General Catalyst | |
| Mar, 2020 | Amount | Series D - Bugcrowd | Valuation | Rally Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bugcrowd
Bugcrowd has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Hostplus and Icon Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Early-stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bugcrowd
Bugcrowd has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Informer and Mayhem Security. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Platform offering pentesting solutions
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2014 | ||||
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Automated security testing for code and APIs is conducted.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bugcrowd
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bugcrowd Comparisons
Competitors of Bugcrowd
Bugcrowd operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Applause, Synack, HackerOne, Yes We Hack and UNGUESS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Crowdsourced testing platforms are offered for software quality assurance.
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| domain | founded_year | HQ Location |
Crowdsourced vulnerability discovery and security testing are provided via platform.
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| domain | founded_year | HQ Location |
AI powered security testing platform
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| domain | founded_year | HQ Location |
Crowdsourced bug bounty programs are aggregated alongside security job listings.
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| domain | founded_year | HQ Location |
Crowd testing, quality optimization, experience, and security solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bugcrowd
Frequently Asked Questions about Bugcrowd
When was Bugcrowd founded?
Bugcrowd was founded in 2012.
Where is Bugcrowd located?
Bugcrowd is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Bugcrowd?
Dave Gerry is the current CEO of Bugcrowd.
Is Bugcrowd a funded company?
Bugcrowd is a funded company, having raised a total of $183.69M across 8 funding rounds to date. The company's 1st funding round was a Series D of $30M, raised on Dec 10, 2012.
How many employees does Bugcrowd have?
As of Dec 31, 2022, the latest employee count at Bugcrowd is 131.
What does Bugcrowd do?
Bugcrowd was founded in 2012 in San Francisco, United States, and operates within the cybersecurity sector. A platform for crowdsourced penetration testing is offered, targeting web, API, mobile, IoT, and network applications. Security vulnerabilities are identified through crowd-powered solutions, with features including attack surface management and vulnerability disclosure programs. Operations focus on enabling organizations to assess and mitigate risks in their digital assets.
Who are the top competitors of Bugcrowd?
What products or services does Bugcrowd offer?
Bugcrowd offers Bugcrowd Platform, Bug Bounty, and Pen Test as a Service.
How many acquisitions has Bugcrowd made?
Bugcrowd has made 2 acquisitions, including Informer, and Mayhem Security.
Who are Bugcrowd's investors?
Bugcrowd has 18 investors. Key investors include SVB, Hostplus, Icon Ventures, Leland Stanford Junior University, and Partech Partners.
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