About Mayhem Security
Mayhem Security is a company based in Pittsburgh (United States) founded in 2012 by David Brumley and Thanassis Avgerinos was acquired by Bugcrowd in November 2025. It operates as a SaaS (Software-as-a-Service), and Managed Services. Mayhem Security has raised $37.95 million across 4 funding rounds from investors including Bugcrowd, Koch Disruptive Technologies and NEA. Mayhem Security offers products and services including Code Security, API Security, and Dynamic SBOM. Mayhem Security operates in a competitive market with competitors including Checkmarx, Snyk, Bugcrowd, Veracode and F5 Networks, among others.
- Headquarter Pittsburgh, United States
- Founders David Brumley, Thanassis Avgerinos
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Forallsecure
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Products & Services of Mayhem Security
Mayhem Security offers a comprehensive portfolio of products and services, including Code Security, API Security, and Dynamic SBOM. 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.
Vulnerabilities are pinpointed for rapid remediation in applications.
Continuous verification is provided for API security testing.
Security alerts are reduced by focusing on critical issues.
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Funding Insights of Mayhem Security
Mayhem Security has successfully raised a total of $37.95M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.25 million completed in May 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 4
- Last Round Series B — $2.2M
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First Round
First Round
(05 Aug 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2024 | Amount | Series B - Mayhem Security | Valuation |
investors |
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| Oct, 2021 | Amount | Series B - Mayhem Security | Valuation | New Enterprise Associates , Koch Disruptive Technologies |
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| Mar, 2019 | Amount | Series B - Mayhem Security | Valuation |
investors |
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| 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 |
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Investors in Mayhem Security
Mayhem Security has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Bugcrowd, Koch Disruptive Technologies and NEA. 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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Venture capital investments are offered to startups by NEA.
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Multiple sectors are invested in by the venture capital firm.
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Crowdsourced penetration testing for web applications is provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Mayhem Security
| 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 |
Financial Statements - Mayhem Security
| 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 |
Mayhem Security Comparisons
Competitors of Mayhem Security
Mayhem Security 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 Checkmarx, Snyk, Bugcrowd, Veracode and F5 Networks, 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 |
Security testing software is provided for code vulnerability detection.
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Application security is delivered via a cloud-based developer platform.
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Crowdsourced penetration testing for web applications is provided.
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AI-powered testing software for securing applications is offered.
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Cloud-based ADC networking solutions are provided for application delivery.
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Crowdsourced vulnerability discovery and security testing are provided via platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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 Mayhem Security
Frequently Asked Questions about Mayhem Security
When was Mayhem Security founded?
Mayhem Security was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Mayhem Security located?
Mayhem Security is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Mayhem Security?
David Brumley is the current CEO of Mayhem Security. They have also founded this company.
Is Mayhem Security a funded company?
Mayhem Security is a funded company, having raised a total of $37.95M across 4 funding rounds to date. The company's 1st funding round was a Series B of $14.7M, raised on Aug 05, 2016.
What does Mayhem Security do?
Automated security testing solutions for code and APIs are offered by Mayhem Security. Services are focused on industries such as enterprise, aerospace, automotive, federal, and medical sectors. Vulnerabilities are pinpointed with zero false positives using AI-powered fuzz testing and symbolic execution. Compliance with standards like NIST SSDF and ISO 21434 is supported. Integration with development tools like GitHub and Jenkins is enabled for seamless workflows.
Who are the top competitors of Mayhem Security?
What products or services does Mayhem Security offer?
Mayhem Security offers Code Security, API Security, and Dynamic SBOM.
Who are Mayhem Security's investors?
Mayhem Security has 3 investors. Key investors include Bugcrowd, Koch Disruptive Technologies, and NEA.
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