Grip Security
Provides comprehensive visibility, governance and data security to help enterprises effortlessly secure a burgeoning and chaotic SaaS ecosystem.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $41.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 76 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Grip Security is a startup that operates in the Software as a Service (SaaS) security market. The company provides a comprehensive solution to manage and secure the use of SaaS applications within an organization. Its primary clients are businesses that utilize multiple SaaS applications and need to manage the security risks associated with these applications.
Grip Security's business model revolves around providing a SaaS Security Control Plane, a centralized hub that allows businesses to monitor and control the use of SaaS applications. This includes identifying and assessing risks associated with the use of these applications, such as missing security controls and protections, and prioritizing the implementation of Single Sign-On (SSO) and Multi-Factor Authentication (MFA) for these applications. The company also offers services to discover and monitor SaaS usage for every user, understand their authentication method to assess risk, and orchestrate SaaS identity risks.
In terms of revenue, Grip Security makes money by charging businesses for the use of its SaaS Security Control Plane and related services. The company's offerings help businesses to mitigate the risks associated with SaaS sprawl, which is the uncontrolled proliferation of SaaS applications within an organization, and to secure their digital identities.
Keywords: SaaS Security, Risk Assessment, Single Sign-On, Multi-Factor Authentication, SaaS Sprawl, Digital Identity, SaaS Usage Monitoring, SaaS Risk Orchestration, Centralized SaaS Control, Secure Password Rotation.