SafeBase

San Francisco, United States Founded: 2020 • Age: 6 yrs Acquired By Drata
IT vendor risk management solutions are provided by SafeBase.
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About SafeBase

SafeBase is a company based in San Francisco (United States) founded in 2020 by Al Yang and Adar Arnon was acquired by Drata in February 2025.. SafeBase has raised $51.15 million across 4 funding rounds from investors including Zoom, Drata and NEA. The company has 42 employees as of December 31, 2023. SafeBase has completed 1 acquisition, including STACKSI. SafeBase offers products and services including Trust Center, AI Questionnaire Assistance, Integrations, and Analytics. SafeBase operates in a competitive market with competitors including Zscaler, Vanta, UpGuard, VISO Trust and SecurityPal, among others.

  • Headquarter San Francisco, United States
  • Employees 42 as on 31 Dec, 2023
  • Founders Al Yang, Adar Arnon
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Safebase, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $51.15 M (USD)

    in 4 rounds

  • Latest Funding Round
    $33 M (USD), Series B

    Apr 30, 2024

  • Investors
    Zoom

    & 8 more

  • Employee Count
    42

    as on Dec 31, 2023

  • Investments & Acquisitions
  • Acquired by
    Drata

    (Feb 11, 2025)

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Products & Services of SafeBase

SafeBase offers a comprehensive portfolio of products and services, including Trust Center, AI Questionnaire Assistance, Integrations, and Analytics. 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.

Primary

Platform for sharing security and compliance information securely.

AI-driven tool for quick and accurate security questionnaire responses.

System to connect with tools like Salesforce for enhanced productivity.

Dashboard for tracking security program impact and buyer metrics.

People of SafeBase
Headcount 10-50
Employee Profiles 27
Employee Profiles
People
Al Yang
CEO & Co-Founder
People
Adar Arnon
Co-founder & CTO (acquired By Drata)
People
Matthew Cable
VP Of Finance
People
Joshua G.
Senior Software Engineering Manager

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Funding Insights of SafeBase

SafeBase has successfully raised a total of $51.15M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $33 million completed in April 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 Rounds 4
  • Last Round Series B — $33.0M
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Series B - SafeBase Valuation Touring Capital
Mar, 2022 Amount Series A - SafeBase Valuation New Enterprise Associates
Aug, 2020 Amount Seed - SafeBase Valuation Y Combinator
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SafeBase

SafeBase has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Zoom, Drata 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Comcast Ventures is focused on investing in technology startups.
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
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SafeBase

SafeBase has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include STACKSI. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based platform for sales security questionnaires is provided.
2020
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - SafeBase

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Safebase Comparisons

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Competitors of SafeBase

SafeBase 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 Zscaler, Vanta, UpGuard, VISO Trust and SecurityPal, 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
Cybersecurity and zero trust solutions are delivered for secure networks.
domain founded_year HQ Location
Compliance and risk management platform is offered to enterprises.
domain founded_year HQ Location
A cloud-based platform for third-party risk management is provided.
domain founded_year HQ Location
Cloud-based SaaS platform for application vulnerability assessments is provided.
domain founded_year HQ Location
AI-powered security reviews and assessments are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Safebase

Frequently Asked Questions about SafeBase

When was SafeBase founded?

SafeBase was founded in 2020.

Where is SafeBase located?

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

Who is the current CEO of SafeBase?

Al Yang is the current CEO of SafeBase. They have also founded this company.

Is SafeBase a funded company?

SafeBase is a funded company, having raised a total of $51.15M across 4 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 01, 2020.

How many employees does SafeBase have?

As of Dec 31, 2023, the latest employee count at SafeBase is 42.

What does SafeBase do?

SafeBase was established in 2020 and is based in San Francisco, United States. Vendor risk in the IT sector is managed through a dedicated platform. Security reviews are streamlined for buyers via a trust posture interface. Responses to security questionnaires are generated using AI. Connections with multiple team tools are supported to enhance operations.

Who are the top competitors of SafeBase?

SafeBase's top competitors include Zscaler, Vanta and UpGuard.

What products or services does SafeBase offer?

SafeBase offers Trust Center, AI Questionnaire Assistance, Integrations, and Analytics.

How many acquisitions has SafeBase made?

SafeBase has made 1 acquisition, including STACKSI.

Who are SafeBase's investors?

SafeBase has 9 investors. Key investors include Zoom, Drata, NEA, Y Combinator, and Comcast Ventures.

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