US-based SaaS Strike Graph Raises US$8 Million in Series A funding

Strike Graph, a Seattle, Washington, the United States based cybersecurity compliance firm, has secured a fundraise of US$ 8 million in a Series A funding held on September 14 2021. Information Venture Partners led the financing round with the participation of the company’s existing investors Madrona Venture Group, Amplify.LA, Revolution’s Rise of the Rest Seed Fund and Green D Ventures. 

What the CEO has to say

CEO and co-founder of Strike Graph, Justin Beals, said, “We’re outfitting our solution with access to hundreds of integrations that can be customized to your unique business needs, making it easier and faster to achieve compliance while improving your overall security posture and amplifying growth. The thoughtful expertise and dedicated support from Information Venture Partners as long term investors will expose us to a new set of business opportunities.” 

What the Investor has to say

Principal at Information Venture Partners, Alex Tong, said, “The ability to navigate and manage the myriad of compliance standards is now table stakes if you have a sensitive customer or personal data, no matter how big or small a company. This is evident across our portfolio of software companies that sell to financial services and other large organizations. We’re impressed by how deeply Strike Graph invests in the success of its many customers, as its modern and flexible solution helps customers of all sizes quickly establish compliance programs and achieve security certifications. We’re pleased to invest in Strike Graph and include them in our portfolio alongside other relevant category leaders like BigID and Verafin.” 

CTO of Thankful, Evan Tann, said, “As a growing company, achieving our SOC 2 with Strike Graph has been instrumental. We’ve saved hundreds of hours of confusion and redundant manual labour while expanding opportunities to sell upmarket and increasing our revenue potential. Strike Graph has partnered with us in every step of the process.” 

About Strike Graph

Founded in 2020 in Brian Bero and Justin Beals, Strike Graph is a compliance SAAS solution simplifying security certifications such as SOC 2 Type I/II. These certifications dramatically improve revenue for B2B companies. Our platform empowers companies to deploy a risk-driven security program rapidly. After setup, Strike Graph collects evidence for auditor review via automation and API driven integration to standard business systems & infrastructure. Facilitated by the Strike Graph platform, key actors in the process, including Risk Managers, CTO’s, CISO’s and Auditors, can work collaboratively to achieve trust and move deals. For more information, visit https://strikegraph.com/.

For more extensive analysis and Market Intelligence reports feel free to approach us or visit our website: Venture Capital Market Intelligence Reports | VCBay.

We try our best to fact check and bring the best, well-researched and non-plagiarized content to you. Please let us know

-if there are any discrepancies in any of our published stories,

-how we can improve,

-what stories you would like us to cover and what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback and thank you for stopping by!

Next Article