Legit Security - About the company
Legit Security is a series B company based in Albuquerque (United States), founded in 2020 by Lior Barak and Roni Fuchs. It operates as a Provider of AI-native platform automating application security issue discovery and remediation. Legit Security has raised $70M in funding from investors like Bessemer Venture Partners, CRV and TCV. The company has 36 active competitors, including 14 funded and 2 that have exited. Its top competitors include companies like Apiiro, Tromzo and Picus Security.
Company Details
Provider of AI-native platform automating application security issue discovery and remediation. The platform offers AppSec and software supply chain security programs. It unifies vulnerability management, code security, secrets detection, and compliance. The platform provides visibility and control across engineering tools and workflows. It consolidates, de-duplicates, and prioritizes results from existing application security testing tools.
- Website
- www.legitsecurity.com/
- Registered Address
- Rīga, Rigondas gatve 3 - 41
Key Metrics
Founded Year
2020
Location
Albuquerque, United States
Stage
Series B
Total Funding
$70M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 36 active competitors
Employee Count
87 as on Jun 30, 2026
Legal entities associated with Legit Security
Legit Security is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LEGIT IT CIN: 44103140352 , Latvia, Active | Feb 14, 2020 | €0 - €1M (As on Dec 31, 2024) | 2 (As on Dec 31, 2022) | - |
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Legit Security's funding and investors
Legit Security has raised a total funding of $70M over 2 rounds. Its first funding round was on Feb 10, 2022. Its latest funding round was a Series B round on Sep 20, 2023 for $*****. 4 investors participated in its latest round. Legit Security has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Legit Security:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 20, 2023 | 5422272 | Series B | 9804824 | 1751777 | 4132868 | 2900268 |
Feb 10, 2022 | 7228746 | Series A | 5010725 | 8146092 | 3209014 |
View details of Legit Security's funding rounds and investors
Legit Security's founders and board of directors
Founder? Claim ProfileThe founders of Legit Security are Lior Barak and Roni Fuchs. Roni Fuchs is the CEO of Legit Security.
Here are the details of Legit Security's key team members:
- Lior Barak: Co-Founder & Chief Product and Engineering Officer of Legit Security. They serve on the board of 1 company.Contact Info: 1 email address
- Roni Fuchs: Co-Founder & CEO of Legit Security. Contact Info: 1 email address
View details of Legit Security's Founder profiles and Board Members
Legit Security's employee count trend
Legit Security has 87 employees as of Jun 26. Here is Legit Security's employee count trend over the years:
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Legit Security's Competitors and alternates
Top competitors of Legit Security include Apiiro, Tromzo and Picus Security. Here is the list of Top 10 competitors of Legit Security, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Legit Security 2020, Albuquerque (United States), Series B | Provider of AI-native platform automating application security issue discovery and remediation | $70M | 62/100 | |
2nd | Apiiro 2019, New York City (United States), Series B | Cloud based platform offering application security solutions | $135M | 61/100 | |
3rd | Tromzo 2021, Mountain View (United States), Acquired | Platform offering application security solutions | $11.1M | 59/100 | |
4th | Picus Security 2013, Ankara (Turkey), Series C | Provider of a platform for security validation and exposure management | $80M | 58/100 | |
5th | Endor Labs 2021, Palo Alto (United States), Series B | Provider of application security platform for software development and risk management | $188M | 56/100 | |
6th | C2A Security 2016, Jerusalem (Israel), Series A | Developer of a platform for cybersecurity risk management and compliance | $6.5M | 54/100 | |
7th | DefectDojo 2015, Austin (United States), Series A | Cloud based platform offering application security solutions | $7M | 49/100 | |
8th | Valence Security 2021, Tel Aviv (Israel), Series A | Cloud-based suite solutions for business process management | $32M | 47/100 | |
9th | RedHunt Labs 2019, Royston (United Kingdom), Funding Raised | Provider of attack surface management platform and penetration testing security services | - | 44/100 | |
10th | Provider of external security posture management platform and pentesting services | $14.1M | 41/100 |
Looking for more details on Legit Security's competitors? Click here to see the top ones
Legit Security's Investments and acquisitions
Legit Security has made no investments or acquisitions yet.
Reports related to Legit Security
Here is the latest report on Legit Security's sector:
News related to Legit Security
Media has covered Legit Security for a total of 9 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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Legit Security Named Sample Vendor in Gartner Hype Cycle for Secure Software Engineering 2026CIO Influence•Jun 19, 2026•Legit Security
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Legit Security and Sweet Security Partner to Deliver End-to-End Security from IDE to CloudBusiness Wire•May 11, 2026•Sweet, Legit Security
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Legit Security Named to Fortune Cyber 60 for Third Consecutive YearPR Newswire•Oct 30, 2025•Legit Security
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Legit Security Launches AI-Native SCA and SAST Capabilities ...DEVOPSdigest•Aug 15, 2025•Legit Security
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Legit Security Launches AI Capabilities to Secure AI Generated CodeDEVOPSdigest•Jul 30, 2025•Legit Security
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