UpGuard Raises $75M Series C Round
Summary
UpGuard announced a $75 million Series C round led by Springcoast Partners, with participation from existing investors including August Capital, Square Peg Capital, and Pelion Venture Partners. The company will use the minority growth capital to expand its AI-powered Cyber Risk Posture Management (CRPM) platform, scale global go-to-market efforts, and pursue strategic M&A. Founded in 2012, UpGuard provides a centralized view of cyber risk across vendors, attack surface, and workforce and serves thousands of customers. The funding aims to accelerate product capabilities and commercial expansion to strengthen its position in cybersecurity and risk management.
Funding
Amount
$75.0M
Total raised
Date
February 26, 2026
Announcement date
Investors
Square Peg Capital, August Capital, Pelion Venture Partners
Lead investors
Company
upguard.com
Funded company
Classifications
industries
HealthTech
applications
Networking and Cloud
AskAI Classifications
Labels
Cybersecurity Software
SaaS
Third-Party Risk Management
Linked Companies
UpGuard
$10M to $25M