About Egress
Egress is a company based in London (United Kingdom) founded in 2007 by John Goodyear was acquired by KnowBe4 in April 2024. It operates as a SaaS (Software-as-a-Service), and Managed Services. Egress has raised $68.93 million across 4 funding rounds from investors including KnowBe4, FTV Capital and AlbionVC. The company has 252 employees as of December 31, 2020. Egress has completed 2 acquisitions, including Aquil AI and Aquil AI. Egress offers products and services including Egress Defend, Egress Prevent, Egress Protect, and Egress Secure Workspace. Egress operates in a competitive market with competitors including Perception Point, Mimecast, Tessian, Abnormal Security and Redsift, among others.
- Headquarter London, United Kingdom
- Employees 252 as on 31 Dec, 2020
- Founders John Goodyear
- Stage Minicorn
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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
*********
- Legal Name Egress Software Technologies Ltd.
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Annual Revenue
$30.11 M (USD)26as on Dec 31, 2021
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Net Profit
$-11.85 M (USD)-22as on Dec 31, 2021
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EBITDA
$-202.37 K (USD)98as on Dec 31, 2021
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Total Equity Funding
$68.93 M (USD)
in 4 rounds
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Latest Funding Round
$127 K (USD), Series C
May 22, 2019
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Investors
KnowBe4
& 2 more
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Employee Count
252
as on Dec 31, 2020
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Investments & Acquisitions
Aquil AI
& 1 more
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Acquired by
KnowBe4
(Apr 24, 2024)
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Products & Services of Egress
Egress offers a comprehensive portfolio of products and services, including Egress Defend, Egress Prevent, Egress Protect, and Egress Secure Workspace. 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.
Protection against advanced phishing threats is provided effectively.
Outbound email breaches are prevented with this solution.
Secure end-to-end email encryption is ensured for users.
Secure file sharing and collaboration are facilitated here.
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Funding Insights of Egress
Egress has successfully raised a total of $68.93M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $127 thousand completed in May 2019. 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 4
- Last Round Series C — $127,000
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First Round
First Round
(01 Feb 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series C - Egress | Valuation |
investors |
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| Dec, 2018 | Amount | Series C - Egress | Valuation | FTV Capital | |
| Oct, 2017 | Amount | Series B - Egress | Valuation |
investors |
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| 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 Egress
Egress has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include KnowBe4, FTV Capital and AlbionVC. 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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Private equity investment firm
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in tech startups
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Founded Year | Domain | Location | |
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Cloud-based security awareness training and phishing simulations are delivered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 Egress
Egress has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aquil AI and Aquil AI. 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
|
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.
|
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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Cyber solutions and managed security services are provided worldwide.
|
2020 | ||||
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AI-based platform for email security
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Egress
| 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 |
Egress Comparisons
Competitors of Egress
Egress 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 Perception Point, Mimecast, Tessian, Abnormal Security and Redsift, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Email and messaging threats are detected and mitigated proactively.
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| domain | founded_year | HQ Location |
Cloud-based email security and management solutions are provided.
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| domain | founded_year | HQ Location |
AI-driven email security solutions are delivered to prevent recipient errors.
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| domain | founded_year | HQ Location |
Cloud-based email security solution
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| domain | founded_year | HQ Location |
Anti-phishing solutions are delivered via data visualizations and SDK integrations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Egress
Frequently Asked Questions about Egress
When was Egress founded?
Egress was founded in 2007 and raised its 1st funding round 7 years after it was founded.
Where is Egress located?
Egress is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Egress a funded company?
Egress is a funded company, having raised a total of $68.93M across 4 funding rounds to date. The company's 1st funding round was a Series B of $25.2M, raised on Feb 01, 2014.
How many employees does Egress have?
As of Dec 31, 2020, the latest employee count at Egress is 252.
What is the annual revenue of Egress?
Annual revenue of Egress is $30.11M as on Dec 31, 2021.
What does Egress do?
Email security and secure file sharing solutions are offered by Egress, a KnowBe4 company. Advanced phishing protection, data loss prevention, and email encryption are delivered through the Intelligent Email Security Suite. Secure collaboration tools are provided via the File Sharing Collaboration Suite. Sectors such as financial services, healthcare, legal, and government are served. Threats like business email compromise, ransomware, and data exfiltration are addressed with adaptive security models and AI-driven technologies. Integration with platforms like Microsoft 365 is supported to enhance protection.
Who are the top competitors of Egress?
Egress's top competitors include Mimecast, Perception Point and Virtru.
What products or services does Egress offer?
Egress offers Egress Defend, Egress Prevent, Egress Protect, and Egress Secure Workspace.
How many acquisitions has Egress made?
Who are Egress's investors?
Egress has 3 investors. Key investors include KnowBe4, FTV Capital, and AlbionVC.
What is Egress's valuation?
The valuation of Egress is $118.99M as of May 2019.
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