When was Mitigata founded?

Mitigata was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Mitigata located?

Mitigata is headquartered in Bengaluru, India. It is registered at 2nd Floor, Gayathri mansion,80/3, Outer Ring Rd Salarpuria Softzone, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103.

Which legal entities is Mitigata associated with?

Mitigata is associated with ALPHAWAVE TECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does Mitigata have?

As of Sep 30, 2026, the latest employee count at Mitigata is 160.

Is Mitigata a funded company?

Mitigata is a funded company, having raised a total of $22.1M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 03, 2022.

How much is Mitigata worth?

The latest valuation of Mitigata is $***** as of Jun 24, 2026.

When was the latest funding round of Mitigata?

Mitigata's latest funding was a $***** Series B round on Jun 23, 2026, with participation from 4 investors.

What is the annual revenue of Mitigata?

Annual revenue of Mitigata is less than ₹10 Cr as on Mar 31, 2025

Where does Mitigata rank among its competitors?

Mitigata ranks 5th amongst 139 active competitors, of which 13 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Mitigata, which secured $15M in Jun, 2026.

Who are the top competitors of Mitigata?

Mitigata's top competitors include Palantir, CloudSEK Research and Innefu Labs. Among them, Mitigata secured the most recent funding round in June, 2026.

Mitigata - 2026 Company Profile, Team, Funding, Competitors & Financials

Mitigata is a series B company based in Bengaluru (India), founded in 2021 by Sarthak Dubey, Mayank Morya, Akshit Kaushik and Mohit. It operates as a Provider of cyber insurance products and digital security monitoring services. Mitigata has raised $22.1M in funding from investors like Nexus Venture Partners, Bessemer Venture Partners and WEH Ventures, with a current valuation of $*****. The company has 139 active competitors, including 13 funded and 7 that have exited. Its top competitors include companies like Palantir, CloudSEK Research and Innefu Labs.

Company Details

Provider of cyber insurance products and digital security monitoring services. Offerings include liability coverage for business and individual risks alongside technical tools for threat detection, phishing simulation, and regulatory compliance management. The business facilitates insurance claims processing and provides consulting for data protection standards. Security tools monitor attack surfaces, dark web activity, and system vulnerabilities to identify potential risks. Managed products include endpoint detection, firewalls, and identity management systems to support operational security.

Website: mitigata.com
Social
Email ID: *****@mitigata.com
Phone Number: +91 **********
Registered Address: 2nd Floor, Gayathri mansion,80/3, Outer Ring Rd Salarpuria Softzone, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103

Key Metrics

Founded Year

2021

Location

Bengaluru, India

Stage

Series B

Total Funding

$22.1M in 4 rounds

Latest Funding Round

Series B, Jun 23, 2026, $*****

Post Money Valuation

$***** as on Jun 24, 2026

Investors

Nexus Venture Partners & 29 more

Ranked

5^th among 139 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

160 as on Sep 30, 2026

Similar Companies

Coalition & 1002 more

View Mitigata's full profile

Mitigata is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MITIGATA INSURANCE BROKERS PRIVATE LIMITED CIN: U66220KA2024PTC186580 , India, Active	Mar 22, 2024	0 - ₹10 Cr (As on Mar 31, 2025)	-
ALPHAWAVE TECHNOLOGIES PRIVATE LIMITED CIN: U62099KA2021PTC150151 , India, Active	Jul 30, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	121 (As on Apr 01, 2026)

Mitigata has raised a total funding of $22.1M over 4 rounds. Its first funding round was on Jun 03, 2022. Its latest funding round was a Series B round on Jun 23, 2026 for $*****. 4 investors participated in its latest round. Mitigata has 8 institutional investors and 22 angel investors.

Here is the list of recent funding rounds of Mitigata:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 23, 2026	9278521	Series B	8902052	7137721	7635944	5277313
Jul 22, 2025	2857017	Series A	5721831	1743934	4146784	Titan Capital & 1 more
Jan 12, 2024	5661377	Seed	4856159	3477331	WEH Ventures	Rohit Kumar Bansal & 10 more

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View details of Mitigata's funding rounds and investors

The founders of Mitigata are Sarthak Dubey, Mayank Morya, Akshit Kaushik and Mohit.

Here are the details of Mitigata's key team members:

Sarthak Dubey: Co-Founder & COO of Mitigata.
Contact Info: 1 email address
Mayank Morya: Co-Founder & CTO of Mitigata.
Contact Info: 1 email address
Akshit Kaushik: Co-Founder & CBO of Mitigata.
Contact Info: 1 email address
Mohit: Founder of Mitigata.

Mitigata's Board of Directors

Mitigata's board has 3 active members. Sarthak Dubey, Mayank Morya and Mohit Anand are part of team.

Here is the list of Mitigata's board of directors:

Name	Type	Representing	Status	Duration
Sarthak Dubey	Team	-	Current	5y 2m
Mayank Morya	Team	-	Current	5y 2m
Mohit Anand	Team	-	Current	5y 2m

View details of Mitigata's Founder profiles and Board Members

Mitigata's employee count trend

Mitigata has 160 employees as of Sep 26. Here is Mitigata's employee count trend over the years:

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Top competitors of Mitigata include Palantir, CloudSEK Research and Innefu Labs. Here is the list of Top 10 competitors of Mitigata, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Palantir 2003, Denver (United States), Public	Platform that provides data analysis and management solutions	$2.46B	Founders Fund, Artis Ventures & 171 others	84/100
2nd	CloudSEK Research 2015, Singapore (Singapore), Series B	Provider of predictive attack path intelligence and digital risk monitoring	$42.7M	Exfinity Venture Partners, Parampara Capital ... & 19 others	68/100
3rd	Innefu Labs 2010, Delhi (India), Series B	Provider of AI-driven data analytics and information security solutions	$16M	Panthera, Realsme & 7 others	65/100
4th	Xcelerate 2021, Singapore (Singapore), Series B	Provider of technology-driven solutions for ESG, risk management, and compliance	$36M	Federated Hermes, Altair Capital & 20 others	64/100
5th	Mitigata 2021, Bengaluru (India), Series B	Provider of cyber insurance products and digital security monitoring services	$22.1M	Nexus Venture Partners, Z Nation Lab & 28 others	64/100
6th	Safe Security 2012, Palo Alto (United States), Series C	Cybersecurity risk quantification and management solutions	$170M	MS&AD Ventures, JC2 Ventures & 46 others	62/100
7th	Fortress 2015, Orlando (United States), Series A	Provider of supply chain cybersecurity solutions for critical infrastructure and government	$138M	Goldman Sachs, StartX & 3 others	61/100
8th	NAVEX Global 2010, Lake Oswego (United States), Acquired	Cloud-based risk management software	$214M	AP6, Noble Rock Advisors & 2 others	58/100
9th	Galvanize 1987, Vancouver (Canada), Acquired	Vulnerability and threat management platform	$50M	Norwest, Resolve Growth Partners & 1 others	51/100
10th	Ricago 2013, Bengaluru (India), Seed	GRC management platform for businesses	$891K	ThinKuvate, 3one4 Capital & 24 others	50/100

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Founders own 34.22%, Funds (largest shareholder) own 46.60%, Angels own 6.33% and Other People own 1.43%. The net worth of Mitigata's founders is INR 206Cr as of Jun 24, 2026. The cap table displayed below is for ALPHAWAVE TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Mitigata.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	34.22%	206Cr	7050651	6560486	5886253	5842375
Mohit	3832016	6759136	9322311	9471230	9911877	6607890
Mayank Morya	1580705	4283027	3062743	1651227	6587358	1268293
Sarthak Dubey	7928361	5656484	3847848	8573096	3060056	6015433
Fund	46.60%	280Cr	1624795	4144804	7672809	9236982
Nexus Venture Partners	1825754	6362099	5947739	1222194	6821867	7559062
Bessemer Venture Partners	2328733	7617375	2886521	5968011	3707732	5749919
WEH Ventures	55447	64521	92328	21634	19106	94152
Titan Capital	95	55	83	78	50	58
PointOne Capital	28	83	54	52	21	52
Z Nation Lab	0	0	0	0	0	0
Angel	6.33%	38Cr	574690	478895	624492	580383
Rohit Kumar Bansal	2	8	8	6	4	2
Other People	1.43%	8.56Cr	7	3	6	2
ESOP Pool	11.41%	68.5Cr	9262842	4871537	1630070	3061323
Total	100.00%	601Cr	3966935	3985221	2076141	3094669