Top Security Testing startups
There are 259 Security Testing startups which include Snyk, Checkmarx, Veracode, HackerOne, Cobalt. Out of these, 100 startups are funded, with 69 having secured Series A+ funding. United States has the most number of companies in Security Testing (97), followed by India
(27), and then United Kingdom (22).
Over the past 10 years, an average of 12 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Massachusetts Institute of Technology and Tel Aviv University.
Here is the list of top Security Testing Startups
1. Snyk
Provider of a platform securing code, models, and agents in applications. The platform offers tools for application security, software supply chain security, and fixing vulnerabilities. It provides resources such as a vulnerability database, security education, and documentation. The platform helps organizations secure development, reduce business risk, and accelerate software delivery.
Key facts about Snyk
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Series G
- Total Funding till date: $1.32B
- Investors: Boldstart Ventures, Accel and 75 Others
- Latest Funding Round: Series G, Apr 10, 2024, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 586 Competitors

2. Checkmarx
Provider of application security platform unifying testing, monitoring, and remediation. The platform offers static, dynamic, and interactive application security testing. It also provides software composition analysis, infrastructure as code security, and application security posture management. The platform delivers code scanning, vulnerability remediation, and risk management.
Key facts about Checkmarx
- Founded Year: 2006
- Location: Atlanta (United States)
- Stage: Acquired
- Total Funding till date: $98.5M
- Investors: Insight Partners, XT Group and 6 Others
- Latest Funding Round: Series C, Jun 25, 2015, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 2 of 522 Competitors
3. Veracode
Provider of application security solutions for identifying and resolving software flaws. The company’s platform offers unified visibility, prioritization, and integrated tools for application vulnerabilities. It provides risk management, application security, and security training. Services include penetration testing and application security consulting. The company helps businesses eliminate application risks, defend AI-generated code, protect the software supply chain, and secure the software development life cycle.
Key facts about Veracode
- Founded Year: 2006
- Location: Burlington (United States)
- Stage: Acquired
- Total Funding till date: $107M
- Investors: Wellington, Meritech and 14 Others
- Latest Funding Round: Series F, Jan 01, 2018, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 3 of 272 Competitors
4. HackerOne
AI powered security testing platform. It combines AI with security researchers to find and fix security, privacy, and AI vulnerabilities across the software development lifecycle. The platform offers bug bounty, vulnerability disclosure, pentesting, AI red teaming, and code security. The features of the product include reports, automation, security testing, and more. It caters its solution to industries such as healthcare, retail, hospitality, and more.
Key facts about HackerOne
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Series E
- Total Funding till date: $159M
- Investors: New Enterprise Associates, Benchmark and 7 Others
- Latest Funding Round: Series E, Jan 27, 2022, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 4 of 492 Competitors
5. Cobalt
Provider of penetration testing as a service and offensive security. The company offers a platform that combines technology with security experts to deliver insights. It provides application, network, and cloud security services. The company also offers digital risk assessment, red teaming, and attack surface management.
Key facts about Cobalt
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $36.6M
- Investors: Highland Europe, Kima Ventures and 24 Others
- Latest Funding Round: Series B, Aug 20, 2020, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 2 of 152 Competitors
