Fundz

Germany’s Sosafe Raises $73M Series B Led By Highland To Address Human Error In Cyber

PRIVATEJan 13, 2022

Amount Raised

$73 Million

Round Type

Series B

GermanySoftwarePrivacy And Security

Description

As we’ve learned in the last few years, ‘human error’-led cyber security breaches are the ones companies often find it hardest to guard against. Surveys suggest some 85% of attacks can be traced back to the human factor. Thus startups built to alleviate this gap — such as the UK’s Cybsafe which raises $7-9m last year — are proliferating. Addressing human behavior is clearly one of the hottest new areas for cyber.

Quick answer

So Safe raised $73 Million in a Series B round, dated January 13, 2022. So Safe is based in Germany.

How much did So Safe raise?
So Safe raised $73 Million in a Series B round on January 13, 2022.
What does So Safe do?
Mithilfe von Cyber Security Awareness Trainings gewappnet vor Cyber Angriffen | Schulen Sie Ihre Mitarbeitenden | Jetzt informieren!
Where is So Safe based and how big is it?
So Safe is based in Germany.

Source: Fundz verified event record.

Who else raised in Privacy And Security and Software around the same time

Companies in the same sectors as So Safe that raised within 45 days of this round, from Fundz verified event records.

  • Parallel Markets raised $7.2M on February 24, 2022.
  • Red Sift raised $54M (Series B) on February 24, 2022.
  • Anecdotes raised $25M (Series A) on February 23, 2022.
  • Dowsure raised $20M (Funding Round) on February 21, 2022.
  • PayMongo raised $31M (Series B) on February 21, 2022.
  • Permit.io raised $6M (Funding Round) on February 15, 2022.

Who to call at So Safe, and when

A new round usually means So Safe is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day So Safe raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at So Safe, from your own LinkedIn network

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Company Information

Company

So Safe

Location

Germany

About

Mithilfe von Cyber Security Awareness Trainings gewappnet vor Cyber Angriffen | Schulen Sie Ihre Mitarbeitenden | Jetzt informieren!

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

So Safe raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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