Bugcrowd

San Francisco, United States Founded: 2012 • Age: 14 yrs Unicorn
Crowdsourced penetration testing for web applications is provided.

About Bugcrowd

Bugcrowd is a Technology company based in San Francisco (United States) founded in 2012 by Casey Ellis and Sergei Belokamen. Crowdsourced penetration testing for web applications is provided. Bugcrowd has raised $183.69 million across 8 funding rounds from investors including SVB, National Australia Bank and Hostplus. The company has 3,936 employees. Bugcrowd has completed 2 acquisitions, including Informer and Mayhem Security. Bugcrowd was last valued at $1 billion in February 2025. Its chief executive, as recorded, is Dave Gerry. Its website bugcrowd.com draws about 659 thousand monthly visits. Bugcrowd offers products and services including Bugcrowd Platform, Bug Bounty, and Pen Test as a Service. Its focus areas include Enterprise Infrastructure, Software Testing Tools, Testing Methodologies and Crowdsourced Testing. Its legal entity is BUGCROWD INC. Its competitors include Applause, Synack and HackerOne; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters San Francisco, United States
  • Employees 3,936
  • Founders Casey Ellis, Sergei Belokamen
  • Stage Unicorn
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Computer Security
  • Email
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  • Phone
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  • Website bugcrowd.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Bugcrowd Inc
Key Metrics
  • Total Equity Funding
    $183.69M (USD)

    in 8 rounds

  • Latest Funding Round
    $50M (USD), Debt – Conventional

    Nov 2024

  • Investors
    SVB

    & 22 more

  • Employee Count
    3,936
  • Investments & Acquisitions
    Informer

    & 1 more

Products & Services of Bugcrowd

Bugcrowd offers a comprehensive portfolio of products and services, including Bugcrowd Platform, Bug Bounty, and Pen Test as a Service.

Bugcrowd Platform
Security Platform

Platform for crowdsourced vulnerability testing and remediation

Bug Bounty
Vulnerability Program

Program to find hidden flaws via security researchers

Pen Test as a Service
Testing Service

Service for rapid penetration testing of applications

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 $183.69M
  • Total Rounds 8
  • Last Round Debt – Conventional β€” $50M
  • First Round $50,000

    (Dec 2012)

  • Investors Count 23

All 8 funding rounds of Bugcrowd with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$50MDebt – Conventional––
Feb 2024$102MSeries E–General Catalyst
Mar 2020$30MSeries D–Rally Ventures
Mar 2018$26MSeries C–Triangle Peak Partners
Apr 2016$15MSeries B–Blackbird Ventures
Mar 2015$9.04MSeries A–Paladin Capital, Blackbird Ventures
–
Sep 2013$1.6MSeed–Paladin Capital, Icon Ventures
–
Dec 2012$50,000Seed–Startmate
–
Valuation history
DateValuationStage
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Last known valuation $1B (Feb 2025). 23 investors in total: 23 institutional.

Investors in Bugcrowd

Bugcrowd has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, National Australia Bank and Hostplus.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment and transformation services for entrepreneurs in technology and finance sectors.
generalcatalyst.comCambridge, United States
Early-stage VC firm investing in the US
rallyventures.comMenlo Park, United States
costanoa-ventures.com
Venture capital is invested in multiple sectors by Paladin Capital.
paladincapgroup.comWashington, Dc, United States
Investments are made in seed, early, and later-stage tech companies.
blackbird.vcSurry Hills, Australia
Investments in private tech ecosystem are made by Industry Ventures.
industryventures.comSan Francisco, United States
Private equity and VC-based investment firm
trianglepeakpartners.comPalo Alto, United States
Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
salesforceventures.comSan Francisco, United States
Venture capital firm focused on early stage fintech, data, AI, and security companies
costanoa.vcPalo Alto, United States
Venture capital is provided to global tech startups and scale-ups.
1982partechpartners.comParis, France
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Investor details for Bugcrowd

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People of Bugcrowd

118 people are tracked at Bugcrowd (28 in leadership, 4 in board & advisors, 86 in team); the tracked headcount is 3,936.

NameRoleGroup
Casey Ellis
Co-FounderLeadership
Dave Gerry
CEOLeadership
Sergei Belokamen
FounderLeadership
Braden Russell
Chief Product OfficerLeadership
Anonymous
CEOLeadership
Aaron Lowey
Director Of Global Sales DevelopmentLeadership
Tanya Gay
COOLeadership
Samantha Singh Andersson
Vice President Corporate MarketingLeadership
Fiona A.
Senior Director, Global Customer SuccessLeadership
Justin Kestelyn
Head Of Product Marketing And Hacker Community MarketingLeadership
Kaila Pollart
Director, Global Account ManagementLeadership
Athena Peterson
Global Director, Customer Experience And Community EngagementLeadership
Jennifer Hood
Chief People OfficerLeadership
Robert Taccini
CFOLeadership
Patrick Kiley
Director, North American - Strategic AccountsLeadership
Kevin Kersley
Regional Director - EMEALeadership
Emily Ferdinando
CMOLeadership
Michael S.
Senior Vice President, Service & DeliveryLeadership
Brendon Campbell
Sales Account DirectorLeadership
Stefanie Watkins Ma, Mhrm
Human Resource Business Partner ManagerLeadership

98 more people are available in the full profile.

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Investments & Acquisitions by Bugcrowd

Bugcrowd has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Informer and Mayhem Security.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Automated security testing for code and APIs is conducted.
mayhem.securityPittsburgh, United States2012Nov 2025β€’β€’β€’β€’
Platform offering pentesting solutions
informer.ioBrighton, United Kingdom2014May 2024β€’β€’β€’β€’
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Timeline of Bugcrowd

6 dated milestones of Bugcrowd across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bugcrowd is founded.
  2. Funding First funding round of $50K.
  3. Milestone Reaches Unicorn status.
  4. Acquisition Acquires Informer.
  5. Funding Latest funding round, Debt – Conventional, of $50.0M.
  6. Acquisition Acquires Mayhem Security.

Competitors of Bugcrowd

Bugcrowd has 3 listed competitors in our database, 3 of them funded. They include Applause, Synack and HackerOne.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
applause.com1966Framingham, United States$115.9M
Crowdsourced testing platforms are offered for software quality assurance.
synack.com2013San Francisco, United States$107.58M182
Crowdsourced vulnerability discovery and security testing are provided via platform.
hackerone.com2012San Francisco, United States$159.4M63
AI powered security testing platform
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Detailed competitors of Bugcrowd

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Web traffic of Bugcrowd

The website of Bugcrowd (bugcrowd.com) receives about 658.5K visits a month and ranks #69,942 among all websites worldwide, #8,285 in Computer Security.

  • Monthly visits
    658.5K

    ▲ 12.5% vs previous month

  • Unique visitors
    193.7K

    per month

  • Global rank
    #69,942

    among all websites

  • Category rank
    #8,285

    Computers Electronics and Technology · Computer Security

Similar websites

Websites whose visitors overlap most with Bugcrowd. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hackerone.com
100%
1.6M#29,644View details
yeswehack.com
69%
260.6K#156,552View details
infosecwriteups.com
infosecwriteups.com
62%
#115,154–
portswigger.net
60%
1.6M#33,184View details
intigriti.com
59%
253K#159,210View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Programming & Software Development Tools

3 companies that operate in the same segment as Bugcrowd (Programming & Software Development Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Collaborative platform for design prototyping and feedback is provided.
2012San Francisco, California, United StatesUSD 748.62 M2,877
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B4,447
Automated usability testing and feedback for mobile experiences is provided.
2007San Francisco, California, United StatesUSD 148.5 MUSD 21.68 M557
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Related news about Bugcrowd

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Frequently Asked Questions about Bugcrowd

Bugcrowd was founded in 2012.

Bugcrowd is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Dave Gerry is the CEO of Bugcrowd, as recorded in our data.

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 Seed of $50K, raised on Dec 2012.

Bugcrowd has 3,936 employees.

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.

Bugcrowd's top competitors include Applause, HackerOne and Synack.

Bugcrowd offers Bugcrowd Platform, Bug Bounty, and Pen Test as a Service.

Bugcrowd has made 2 acquisitions, including Informer, and Mayhem Security.

Bugcrowd has 23 investors. Key investors include SVB, National Australia Bank, Hostplus, Icon Ventures, and Leland Stanford Junior University.

The valuation of Bugcrowd is $1B as of Feb 2025.

Bugcrowd operates through Bugcrowd Inc.

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