BitSight - About the company
BitSight is a series E company based in Boston (United States), founded in 2011 by Nagarjuna Venna. It operates as a Provider of cyber risk intelligence and exposure management solutions powered by AI. BitSight has raised $398M in funding from investors like Menlo Ventures, Globespan Capital Partners and Flybridge Capital Partners, with a current valuation of $2.4B. The company has 108 active competitors, including 35 funded and 24 that have exited. Its top competitors include companies like Proofpoint, SecurityScorecard and Cambridge Mobile Telematics.
Sectors and market segments that BitSight operate in
BitSight serves in the FinTech, InsurTech market segments.The primary business model of BitSight are:Company Details
Provider of cyber risk intelligence and exposure management solutions powered by AI. The company offers solutions for exposure management, third-party risk management, and cyber threat intelligence. It provides services such as continuous monitoring, vendor risk assessment, and security ratings. The company’s platform helps organizations detect, prioritize, and mitigate threats across their attack surface. It offers governance and reporting tools to improve security posture.
- Website
- www.bitsight.com/
- Email ID
- *****@bitsight.com, *****@bitsight.com
- Phone Number
- +1 **********, +351 **********
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2011
Location
Boston, United States
Stage
Series E
Total Funding
$398M in 8 rounds
Latest Funding Round
Post Money Valuation
$2.4B as on Sep 13, 2021
Investors
Ranked
3rd among 108 active competitors
Employee Count
744 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with BitSight
BitSight is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BITSIGHT TECHNOLOGIES, INC. CIN: 5432812 , United States, Active | Oct 26, 2018 | - | 385 (As on Dec 31, 2024) | - |
Bitsight Technologies, Inc. CIN: 452256150 , United States, Active | Dec 31, 1999 | - | 385 (As on Dec 31, 2024) | - |
BITSIGHT TECHNOLOGIES SINGAPORE PTE. LTD. CIN: 201937864C , Singapore, Active | Nov 07, 2019 | - | - |
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BitSight's funding and investors
BitSight has raised a total funding of $398M over 8 rounds. Its first funding round was on Apr 15, 2011. Its latest funding round was a Series E round on Sep 13, 2021 for $250M. 1 investor participated in its latest round. BitSight has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of BitSight:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 13, 2021 | $250M | Series E | $2.4B | - | - | |
Jun 28, 2018 | $60M | Series D | - | - | ||
Sep 15, 2016 | $40M | Series C | - | - |
View details of BitSight's funding rounds and investors
BitSight's founders and board of directors
Founder? Claim ProfileThe founders of BitSight is Nagarjuna Venna. Steve Harvey is the CEO of BitSight.
Here are the details of BitSight's key team members:
- Nagarjuna Venna: Former Co-Founder of BitSight and founder of 1 other company. They serve on the board of 1 company.
- Steve Harvey: CEO of BitSight. They are also an angel investor in 1 startup.Contact Info: 1 email address
BitSight's Board of Directors
BitSight's board has 12 active members. Glenn Solomon, Brian Cohen, Venky Ganesan, David Aronoff, Nagarjuna Venna, Cary Davis, Stephen Boyer, Brendan Hanningan, Robert T Turner, David Fachetti, Shaun McConnon and Elizabeth Fischer are independent board members.Here is the list of BitSight's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 7y 7m | |
Independent board member | - | Current | 7y 7m | |
Independent board member | - | Current | 12y 8m | |
Independent board member | - | Current | 12y 8m | |
Independent board member | - | Current | 12y 8m | |
Independent board member | - | Current | 7y 7m | |
Independent board member | - | Current | 12y 8m | |
Independent board member | - | Current | 7y 7m | |
Independent board member | - | Current | 7y 7m | |
Independent board member | - | Current | 12y 8m | |
Independent board member | - | Current | 12y 8m | |
Independent board member | - | Current | 7y 7m |
View details of BitSight's Founder profiles and Board Members
BitSight's employee count trend
BitSight has 744 employees as of Mar 26. Here is BitSight's employee count trend over the years:
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BitSight's Competitors and alternates
Top competitors of BitSight include Proofpoint, SecurityScorecard and Cambridge Mobile Telematics. Here is the list of Top 10 competitors of BitSight, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Proofpoint 2002, Sunnyvale (United States), Acquired | Provider of cybersecurity solutions, services, and training for enterprise protection | $86M | 78/100 | |
2nd | SecurityScorecard 2013, New York City (United States), Series E | Provider of supply chain detection and response and risk management | $292M | 72/100 | |
3rd | BitSight 2011, Boston (United States), Series E | Provider of cyber risk intelligence and exposure management solutions powered by AI | $398M | 71/100 | |
4th | Cambridge Mobile Telematics 2010, Cambridge (United States), Series C | Usage-based data monitoring solutions for the auto insurance industry | $502M | 71/100 | |
5th | Coalition 2017, San Francisco (United States), Series F | Online property and casualty insurance platform for businesses | $800M | 71/100 | |
6th | Axio Global 2016, New York City (United States), Acquired | Provider of cyber risk management, mitigation, and insurance solutions | $30M | 66/100 | |
7th | At-Bay 2016, Mountain View (United States), Series D | Online cyber insurance platform for businesses | $258M | 65/100 | |
8th | Zubie 2012, Charleston (United States), Series B | Provider of plugin device to monitor vehicle data and usage-based Insurance | $33.5M | 65/100 | |
9th | Zendrive 2013, San Francisco (United States), Acquired | AI-enabled platform offering driver behavior monitoring and analysis solutions | $60M | 65/100 | |
10th | Nucleus 2018, Sarasota (United States), Series C | Integrated risk and vulnerability management platform | $86.1M | 64/100 |
Looking for more details on BitSight's competitors? Click here to see the top ones
BitSight's Investments and acquisitions
BitSight has not made any investments yet. BitSight has made 4 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 14, 2024 | Acquisition | 2014 | Netanya (Israel) | |
Sep 01, 2022 | Acquisition | 2014 | Chicago (United States) | |
Sep 13, 2021 | Acquisition | 2009 | Round Rock (United States) |
See all acquisitions by BitSight
Reports related to BitSight
Here is the latest report on BitSight's sector:
News related to BitSight
Media has covered BitSight for a total of 8 events in the last 1 year, 6 of them have been about company updates and 2 about partnerships.
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Bitsight Warns of Security Risks in Model Context Protocol EcosystemSiliconAngle•Dec 11, 2025•BitSight
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Bitsight's Third-Party Risk Management Solutions Surge Amid AI AdoptionPR Newswire•Sep 15, 2025•BitSight
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Bitsight Launches AI-Powered Framework Intelligence for Third-Party Risk ManagementCIO Influence•Aug 05, 2025•BitSight
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Bitsight Launches Identity Intelligence Solution to Detect and Stop Credential-Based ThreatsCIO Influence•Apr 03, 2025•BitSight, Cyber Sixgill
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LOKKER and Bitsight collaborate to address privacy risks in insuranceLife Insurance International•Mar 26, 2025•Lokker, BitSight
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LOKKER & Bitsight partner to help insurers assess cyber privacy risks for better underwriting.Global FinTech Series•Mar 25, 2025•Lokker, BitSight
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Bitsight completes acquisition of cyber threat intelligence provider CybersixgillSecurityInfoWatch•Dec 11, 2024•BitSight, Cyber Sixgill
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ICRA Analytics Partners with Bitsight for Cyber Security Solutions in IndiaDevdiscourse•Nov 26, 2024•BitSight, ICRA Analytics
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