NetSPI

Minneapolis, United States Founded: 2001 • Age: 25 yrs
Attack surface management, threat detection, and pentesting services are offered.
Annual revenue $1.7M Latest available
Total funding $500.0M 3 rounds
Employees 65 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About NetSPI

NetSPI is a company based in Minneapolis (United States) founded in 2001. NetSPI has raised $500 million across 3 funding rounds from investors including KKR, Sunstone Partners and Ten Eleven Ventures. The company has 65 employees as of March 25, 2024. NetSPI has completed 3 acquisitions, including Hubble, Silent Break Security and nVisium. NetSPI offers products and services including NetSPI PTaaS, NetSPI ASM, NetSPI BAS, Application Pentesting, and Cloud Pentesting. NetSPI operates in a competitive market with competitors including Optiv Security, CertiK, Convergint, Detectify and SilverSky, among others.

  • Headquarter Minneapolis, United States
  • Employees 65 as on 25 Mar, 2024
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Netspi India Private Limited
  • Date of Incorporation 01 Aug, 2019
  • Jurisdiction Haveli, Maharashtra, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.72 M (USD)
    32.57
    as on Mar 31, 2022
  • Net Profit
    $174.52 K (USD)
    40.38
    as on Mar 31, 2022
  • EBITDA
    $289.99 K (USD)
    52.06
    as on Mar 31, 2022
  • Total Equity Funding
    $500 M (USD)

    in 3 rounds

  • Latest Funding Round
    $410 M (USD), Series C

    Oct 05, 2022

  • Investors
    KKR

    & 2 more

  • Employee Count
    65

    as on Mar 25, 2024

  • Investments & Acquisitions
    Hubble

    & 2 more

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Products & Services of NetSPI

NetSPI offers a comprehensive portfolio of products and services, including NetSPI PTaaS, NetSPI ASM, NetSPI BAS, Application Pentesting, and Cloud Pentesting.

Product name locked
Category locked
Primary

Platform for contextualized pentesting of applications and APIs

Product name locked
Category locked
Locked

Provides visibility and monitoring of external attack surfaces

Product name locked
Category locked
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Simulates attacks to validate security detection controls

Product name locked
Category locked
Locked

Secures web, mobile, and virtual applications against vulnerabilities

Product name locked
Category locked
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Assesses AWS, Azure, and Google cloud infrastructures for risks

People of NetSPI

Headcount 50-200
Employee Profiles 34
Board Members and Advisors 5
Employee Profiles
People
Josh Mellman
VP Enterprise Sales, Majors
People
Aaron Shilts
President & CEO
People
Alex Jones
Chief Revenue Officer
People
Christian Mory
Director, Major Accounts

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Board Members and Advisors
people
Scott Lundgren
Board Member
people
John Spiliotis
Board Member
people
Ben Pederson
Board Member
people
Jake Heller
Board Member

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Funding Insights of NetSPI

NetSPI has successfully raised a total of $500M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $410 million completed in October 2022. 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.

Investors in NetSPI

NetSPI has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include KKR, Sunstone Partners and Ten Eleven Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
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Growth-oriented private equity firm investing in AI and technology-enabled services and software companies.
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Early & growth stage centric tech-focused VC firm investing in cybersecurity startups
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Investor details for NetSPI

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by NetSPI

NetSPI has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Hubble, Silent Break Security and nVisium.

Investments
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Investment portfolio details for NetSPI

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital assets management is facilitated by online software.
Locked Locked 2020 Locked
Proactive cybersecurity solutions and penetration testing services are offered.
Locked Locked 2011 Locked
IT security services are provided by nVisium to various clients.
Locked Locked 2009 Locked
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Complete acquisition details for NetSPI

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  • Domains and locations

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Financial Statements - NetSPI

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Detailed financials for NetSPI

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Netspi Comparisons

NetSPI Primary company
Description
Attack surface management, threat detection, and pentesting ...
Location
Minneapolis, United States
Founded Year
2001
Annual Revenue
$1.72 M (USD)
Net Profit
$174.52 K (USD)
EBITDA
$289.99 K (USD)
Employees
65
As of 2024
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Peer comparison for NetSPI

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Competitors of NetSPI

NetSPI 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 Optiv Security, CertiK, Convergint, Detectify and SilverSky, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
IT risk management solutions are delivered via a specialized platform.
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Online platform for blockchain and smart contract cybersecurity
Locked Locked Locked
Electronic security and fire alarm systems are integrated and serviced.
Locked Locked Locked
Cloud-based platform offering endpoint security for EASM
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Cloud security and compliance solution company
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Cyber monitoring solutions and security research are provided for defense.
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Detailed competitors of NetSPI

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  • Full company profiles
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Latest news on Netspi

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Complete news archive for NetSPI

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  • Source and publication date
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Frequently Asked Questions about NetSPI

NetSPI was founded in 2001 and raised its 1st funding round 16 years after it was founded.

NetSPI is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

NetSPI is a funded company, having raised a total of $500M across 3 funding rounds to date.

As of Mar 25, 2024, the latest employee count at NetSPI is 65.

Annual revenue of NetSPI is $1.72M as on Mar 31, 2022.

NetSPI was founded in 2001 and is headquartered in Minneapolis, United States. Cybersecurity services are provided, including attack surface management, threat detection, and penetration testing. Continuous monitoring and pentesting are enabled through their products to prevent surface attacks. Testing as a service covers networks, applications, IoT devices, and blockchain technologies. Operations focus on enhancing security for various digital infrastructures.

NetSPI's top competitors include CertiK, Optiv Security and Detectify.

NetSPI offers NetSPI PTaaS, NetSPI ASM, NetSPI BAS, Application Pentesting, and Cloud Pentesting.

NetSPI has made 3 acquisitions, including Hubble, Silent Break Security, and nVisium.

NetSPI has 3 investors. Key investors include KKR, Sunstone Partners, and Ten Eleven Ventures.

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